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1508 Mount Rushmore Rd 2,300 SF Office Building Rapid City, SD 57701 $550,000 ($239.13/SF)

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Investment Highlights

  • Main arterial road in historic area
  • Open plan
  • Highway
  • Large paved parking area
  • Corner Lot

Executive Summary

High exposure Corner Commercial premises with st frontage on Mt Rushmore Rd.
Corner of Mount Rushmore Road and St Cloud Street.
Currently used as Real Estate office and Mortgage origination space.
Consisting of reception, waiting area, 4 plus large defined offices spaces, printer/filing, utility and storage rooms, large board room and large common area (can partition to make significantly more office space) in addition there is a 1 bedroom apartment upstairs currently being used as a break room, could be reconfigured to additional office space. there are 2 & 1/2 bathrooms, and a large full height basement with additional rooms or storage.
Large paved parking area with access of St Cloud street.
New roof September 2024
(Seller is listing agent)

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
2,300 SF
Building Class
B
Year Built/Renovated
1923/2020
Price
$550,000
Price Per SF
$239.13
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,150 SF
Building FAR
0.26
Lot Size
0.20 AC
Zoning
C1 - General Commercial/ Retail
Parking
10 Spaces (4.35 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Fenced Lot
  • Signage
  • Kitchen
  • Reception
  • Basement
  • Central Heating
  • Natural Light
  • Open-Plan
  • Monument Signage
  • Air Conditioning
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
0034253
Land Assessment
$128,500
Improvements Assessment
$170,900
Total Assessment
$299,400
  • Listing ID: 28130541

  • Date on Market: 4/3/2023

  • Last Updated:

  • Address: 1508 Mount Rushmore Rd, Rapid City, SD 57701

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