See Home Value
Rapid City 57701
157 E Main N St
$540,616*
Commercial - Off Market

157 E Main N St

Rapid City, SD 57701
bedrooms
Studio
bathrooms
0 Bath
square feet
8320 Sqft
$383,000 - $467,000
Reference Base Price*
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

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.

The manager has listed the unit size as 8320 square feet.
Unit Size
8,320Ft²
Days on Market
-
Land Size
-
Price per sqft
$51
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Feb 24, 2021 No longer available -
No longer available
Jan 24, 2021 Relisted $425,000
Relisted
Jan 4, 2021 No longer available -
No longer available
Sep 30, 2020 Relisted $425,000
Relisted
Aug 3, 2020 No longer available -
No longer available
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200304
03/04/2020
Loft
-
8320 ft²
$425,000
bedrooms
Loft
bathrooms
-
square feet
8320 ft²
-
-
-
Chris Long, CCIM
Keller Williams - Black Hills

Building Info

157 East Main N Street 157 East Main N Street, Rapid City, SD 57701
More about this Building
157 East Main N Street
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About Rapid City


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