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1010 9th St
Rapid City, SD 57701
Office Property For Sale


Executive Summary
Multi-tenant office building positioned for investors or owner-users seeking in-place income with additional lease-up or occupancy potential near Mount Rushmore Road in Rapid City. The property consists of a 7,234 SF building configured into four office suites across two levels. Two suites are currently occupied by a long-term tenant. The remaining suites are available for lease or owner occupancy, allowing flexibility for a buyer to utilize space or increase income over time. The layout includes private offices, conference rooms, reception areas, and shared common areas suited for professional office users. Suite 2 includes a small studio apartment for owner use or additional income, not included in the lease offering. Located just off Mount Rushmore Road, one of Rapid City’s primary north–south commercial corridors, the property provides convenient access to downtown and surrounding commercial areas. For additional information or to schedule a showing, contact Chris Long at 605-335-8100 or Gina Plooster at 605-519-0749.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,234 SF
Building Class
B
Year Built
1945
Price
$1,090,000
Price Per SF
$150.68
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,700 SF
Building FAR
0.42
Lot Size
0.40 AC
Zoning
High Density Residential
Property Taxes
| Parcel Number | 0035725 | Improvements Assessment | $405,700 |
| Land Assessment | $172,500 | Total Assessment | $578,200 |
Property Taxes
Parcel Number
0035725
Land Assessment
$172,500
Improvements Assessment
$405,700
Total Assessment
$578,200
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