106 South Chicago Hot Springs SD 57747

Call Us Now 605-745-6772

Serving the

entire Black Hills region!

Property Information
Price $425,000.00

MLS
#66337
Price
$425,000.00
Type
CI Land w/Building
Area
Rapid City
Selling
Assets
Legal Ownership
Limited Liability Company
Current Use
Other
Liquor License
No
Malt Beverage
No
Number of Acres
0.38

157 E Main Street, Rapid City

Fully Leased Investment Property! Two buildings - warehouse and single family home located near SD School of Mines and one block south of Omaha St on Maple - convenient, easy access to downtown and Hwy 44. Warehouse (157 E Main St): Leased to 605 Grit Fitness on a 3 year lease at $2,500 per month through June 2022. 3% annual increase after the first year. 10’x10’ overhead door, new roof in 2019, and tenant improvements throughout. Gym provides fitness classes throughout the day and 24/7 access to members. Single Family Home (502 Maple Ave): Month-to-month lease at $1,100 per month. Current tenant has occupied for 5+ years. One block east of new Ascent Innovation Campus to open in late 2020. Listed by Chris Long, Keller Williams Realty Black Hills/KW Commercial, 605-939-4489.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Keller Williams Realty Black Hills Rapid City, Agent: Long, Christopher
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706