$1,700,000
MLS #: 179208

Description of 550 N 5TH ST, Rapid City, SD 57701

Prime commercial opportunity at 550 N 5th St, just NE of the Civic Center and close to downtown. Offered at $1,700,000, this office building features 58 office suites plus 2 conference rooms, providing flexible space for a variety of professional users. On-site amenities include 6 bathrooms and approximately 60 on-site parking spaces. A digital reader board supports high visibility signage and a additional revenue source, and the property is being sold with all equipment and fixtures. Security and life-safety features include an internal and external motion-detected camera system, outside monitored burglar alarm, and fire alarm/sprinkler system. Currently approximately 90% are occupied, including two units occupied by the current owner. Financials are available with a signed NDA. Conveniently located across from the Civic Center with quick access to downtown services and employers.

Property Features of 550 N 5TH ST, Rapid City, SD 57701

TYPE
Office
Community
North
Acres
1.2
Features
Central air
Forced air heat
Off street parking
Stucco exterior
Frame exterior
Lot acreage is: 1.2
Lot has city view
Present use: Office
Carpet
Tile flooring
Security system
Smoke alarm
Composition roof
Full basement
Asphalt driveway
Public water
Total square feet: 13232
Living square feet: 13232
For sale
Courtesy of: THE REAL ESTATE GROUP, INC. JOHN ROBERTS

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