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1331 E North St 7,136 SF Retail Building Rapid City, SD 57701 $3,100,000 ($434.42/SF)
Investment Highlights
- High-Visibility Commercial Location
- Flexible General Commercial Zoning
- Established Restaurant Property on 1.44 Acres
Executive Summary
Excellent opportunity to acquire a well-located commercial property along the highly traveled East North Street corridor in Rapid City. The approximately 6,003-square-foot building is situated on a generous 1.44-acre parcel and is currently configured for restaurant use. General Commercial zoning provides flexibility for a variety of potential retail, restaurant, service or redevelopment uses, subject to city approval. The property offers strong street visibility, convenient access and ample on-site parking. Its location provides quick connectivity to downtown Rapid City, Interstate 90 and surrounding commercial areas. Ideal for an owner-user, investor or operator seeking an established commercial location with room for future growth. Property is offered for sale as real estate. Business is not included; furniture, fixtures and equipment are included. Do not disturb the occupants.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,136 SF
Building Class
C
Year Built
2009
Price
$3,100,000
Price Per SF
$434.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.42 AC
Zoning
General Commercial - broad range of retail, restaurant, service and business uses
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0063528 | Improvements Assessment | $1,164,200 |
| Land Assessment | $439,100 | Total Assessment | $1,603,300 |
Property Taxes
Parcel Number
0063528
Land Assessment
$439,100
Improvements Assessment
$1,164,200
Total Assessment
$1,603,300
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1331 E North St
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