1511 Rocker Dr - Retail FOR SALE


Rapid City, SD 57703
$785,000 USD
605-721-1257

NO PHOTO

$785,000 USD
Retail - FOR SALE
null | Request Cap Rate

1511 Rocker Dr
Rapid City, SD 57703


OVERVIEW

This fully occupied 3-unit commercial property presents an exceptional investment opportunity in a high-demand market, currently generating stable income with 100% occupancy. Unit A features two office spaces (18'x14' and 11'x11'), a 27'x26' reception area, and a spacious 59'x58' shop with four 12'x10' overhead doors, a 14'x12' front door, and a newer heat pump for climate control. Unit B offers negotiable occupancy terms with a 20'x14' office, shared bathroom, and 31'x29' shop featuring a 14'x12' overhead door, while Unit Chouses a month-to-month tenant in a 39'x30' shop with a 12'x12' overhead door. The property boasts a new roof (2021), Co-Ray-Vac heating in all shops, 29 parking spaces, and a covered 31'x12'x14' carport. Ideally located in an expanding commercial corridor with limited available inventory, this turnkey asset combines income potential with modern upgrades and functional spaces, making it an excellent choice for investors seeking a low-maintenance commercial property with room for growth or that ability for for a business to relocate to accommodate growth!

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Seth MalottCentury 21 Clearview RealtyMore Info
605-721-1257

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Seth MalottCentury 21 Clearview RealtyMore Info
605-721-1257

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.