$425,000
MLS #: 147860
10,352 Sq Ft

Description of 157 E MAIN ST, Rapid City, SD 57701

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.

Property Features of 157 E MAIN ST, Rapid City, SD 57701

TYPE
Warehouse
Community
City Center
Features
Central air
Off street parking
Lot has city view
Present use: Warehouse,Other
Road frontage: City/County
Carpet
Ceiling Height: 8-11 feet
Composition roof
City sewer
City water
Natural gas
Total square feet: 10352
For sale
Business type: Warehouse
Courtesy of: KELLER WILLIAMS REALTY BLACK HILLS LONG,CHRISTOPHER

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