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- LoopNet Team
118 Main St
Rapid City, SD 57701
City Apartments · Industrial Property For Sale

PROPERTY FACTS
UTILITIES
- Heating
ABOUT 118 MAIN ST , RAPID CITY, SD 57701
Investment Opportunity! New 9-unit apartment building in the East of 5th development in Downtown Rapid City. Completed in 2017, this former warehouse located between 1st and 2nd St on the north side of Main St was gutted to the shell and reconfigured into 7 one bedroom units, 1 two bedroom unit on the 2nd floor, and a storefront office suite with covered parking adjacent to the building. Each unit has an open concept design with modern amenities - in-unit washer/dryer, dishwasher, kitchen island, hard surfaces throughout, cathedral ceilings, skylights, and large closet. Neighboring businesses include Armadillo's Ice Cream, BHFCU's new building to the west, and Pure Bean Coffeehouse and Dakotah Bank across the street. Walking distance to SDSM&T, Rapid City parks and bike trails, Rapid City Civic Center, and downtown restaurants and nightlife. Current rents are well below market in the surrounding area.
LINKS
PROPERTY TAXES
| Parcel Number | 3701206011 | Improvements Assessment | $1,193,300 |
| Land Assessment | $281,000 | Total Assessment | $1,474,300 |
PROPERTY TAXES
Listing ID: 13329791
Date on Market: 7/30/2018
Last Updated:
Address: 118 Main St, Rapid City, SD 57701
The Downtown Rapid City Industrial Property at 118 Main St, Rapid City, SD 57701 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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