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Listed byCHRISTOPHER LONG • KELLER WILLIAMS REALTY BLACK HILLS
$2,975,000
Est. payment /mo
11,085 SqFt
Active
2315 MT RUSHMORE RD Rapid City, SD 57701
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,085 sqft
Price per Sqft $268
MLS Listing ID 179979
HOA Y/N No
Lot Size 2.870 Acres
Acres 2.87
Property Sub-Type Retail
Property Description
11,085 SF turn-key restaurant facility for sale on Mt Rushmore Rd, one of Rapid City's primary north-south commercial corridors. After 50 years as a community gathering place, the owners of Colonial House are retiring and offering the real estate and FF&E for sale. The building is configured as a full-service restaurant use with commercial kitchen, bar, dining areas, bakery production space, office, mezzanine storage, and support areas. The 2.87-acre site includes 105 paved parking spaces and direct access from Mt Rushmore Rd. The location has historically supported more than $5M in annual restaurant sales, demonstrating the strength of the site and corridor. Originally constructed in 1955 and fully remodeled down to the studs in 2015, the property offers an established restaurant location with decades of community goodwill. Ownership would welcome a buyer interested in carrying the Colonial House name forward, though the site is equally suited for a new restaurant concept or easily converted to a multi-tenant retail space. For additional information or to schedule a showing, contact Chris Long at 605-939-4489 or Dan Logan at 605-593-7980.
Location
State SD
Area Southeast
Zoning General Commercial
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Flooring Tile, Carpet
Exterior
Parking Features 100+, Asphalt/Off-Street
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N Yes
Roof Type Rubber
Accessibility Handicap Access
Building
Story 2
Sewer Public Sewer
Water Public
Others
Security Features Fire Sprinkler System,Smoke Detector(s),Fire Alarm,Panic Alarm
Schools and Properties Nearby