225 Main St
Rapid City, SD 57701
Black Hills FCU Building and Outlots/Building · Office Property For Sale

Here is your chance to own the Black Hills Federal Credit Union building at 225 Main Street, Rapid City SD! In this listing price, the West lot (3rd and Main), outlots (3rd and St Joseph) and outbuilding (218 St Joseph-2,750sf building) are included! With no expenses spared, this meticulously maintained 28,600sf facility was built in 1983 (main and lower level) with a second level added in 1991. With the flexibility of on and off-street parking, this property is ideal for various businesses. Private offices and conference rooms are located along the walls of the main and second levels. The lower level has a large employee break room and conference room as well as administrative areas/support areas for the upper two levels. Covered drive-through area could be additional parking or could be converted to additional interior space. Secure access points throughout the facility are a premium feature. The sprinker sytem is wet-charged except for the data room, which has a pre-action system. With minimal deferred maintenance and a below assessed value listing price (assessed at $4,668,100) this property is priced to sell! May also consider a lease. (The new BHFCU is under construction across the street and will continue to anchor the corridor.) Outlots (3rd and St Joseph) and outbuilding (218 St Joseph) add some really nice options, but are unique legal descriptions - so you could keep or sell them once you purchase the property. The St Joseph building is a concrete block building with 12' walls. Front of building features a passage door leading to what could be office or retail space. Rear of building features a passage door and an 8'x10' garage door and could be used as a shop or garage. Room for two cars parked outside and adjacent to the garage door. Restrictive covenants state that the building cannot be used as a financial institution, insurance company, investment firm, adult oriented business or casino. PRICING OPTIONS: $4,350,000 - includes primary building (225 Main St - 28,600sf), West lot (3rd and Main), Outlots (3rd and St Joseph) and Outbuilding (218 St Joseph - 2,750sf) $4,250,000 - includes primary building (225 Main St - 28,600sf), West lot (3rd and Main) and Outlots (3rd and St Joseph) $3,750,000 - includes primary building (225 Main St - 28,600sf) and West lot (3rd and Main) $225,000 - includes Outbuilding (218 St Joseph - 2,750sf)