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625 Flormann St 5,527 SF Office Building Rapid City, SD 57701 $995,000 ($180.03/SF)



Investment Highlights
- 5,527 SF medical or service-office building
- 1,494 SF finished basement for workspace or storage
- Secured vault, key card access, and surveillance
- Private office layout with reception and waiting area
- Remodeled in 2019 with basement renovated in 2023
- 20 paved off-street parking spaces
Executive Summary
Professional office building available for sale near Rapid City’s established medical corridor, just off Mount Rushmore Road. The 5,527 SF building is configured for medical, counseling, or service-based use with reception, waiting area, eight private offices, three restrooms, and a finished 1,494 SF basement that adds flexible workspace and storage. Recent improvements include a full interior remodel in 2019 and basement renovation in 2023. The property also features key card access, surveillance, a secured vault, and 20 off-street paved parking spaces with a drive-thru. For additional information or to schedule a showing, contact Chris Long at 605-939-4489 or Gina Plooster at 605-519-0749.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,527 SF
Building Class
C
Year Built/Renovated
2001/2019
Price
$995,000
Price Per SF
$180.03
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,764 SF
Building FAR
0.23
Lot Size
0.56 AC
Zoning
Office Commercial
Amenities
- Security System
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
Moderately walkable
70/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $756,600 | |
| Land Assessment | $140,000 | Total Assessment | $896,600 |
Property Taxes
Parcel Numbers
Land Assessment
$140,000
Improvements Assessment
$756,600
Total Assessment
$896,600
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625 Flormann St
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