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Listed byTONY MARSHALL • CINC REALTY LLC
$1,399,900
Est. payment /mo
13,197 SqFt
Active
406 5TH ST Rapid City, SD 57701
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,197 sqft
Price per Sqft $106
MLS Listing ID 178649
HOA Y/N No
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Commercial
Property Description
Located within an SBA Opportunity Zone, this prime downtown Rapid City commercial opportunity in the heart of the fastest-growing market in the region. This multi-tenant property offers exceptional flexibility for investors, operators, and developers seeking a high-visibility location with average traffic counts of nearly 17,500 vehicles per day. The building supports a wide range of existing and future uses, including: Restaurant / Bar, Retail, Entertainment venue, Indoor/outdoor multimedia event center, Office, Residential & Storage. The iconic tower—long recognized as a local advertising beacon for over 100 years—remains undeveloped, offering a rare opportunity to add new leasable square footage or create a signature branding feature visible throughout downtown. Also available for purchase or lease is the existing operating business, which includes: Liquor license, Video lottery license, Restaurant/bar FF&E. This is a unique chance to acquire a versatile downtown asset with multiple income streams and significant upside potential. Call today to schedule a private tour and explore the full scope of this opportunity. Listed by Tony Marshall, CINC Realty, tony@cincrealty.com.
Location
State SD
Area City Center
Zoning Urban Commercial District
Exterior
Parking Features 11-20, Asphalt/Off-Street
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N Yes
Building
Sewer Public Sewer
Water Public
Others
Security Features Fire Sprinkler System
Virtual Tour https://lisaduncanphotography.hd.pics/media/download2.asp?B061083C65674E4BABADC4F120E55E6B
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