This general commercial lot and shop building with warehouse and retail space is adjacent to the new convention center slated to be built to the East of Elk Vale Road and just South of Interstate 90. The multiple national franchise hotels and indoor waterpark are neighbors too. There are currently month to month tenants in the building: the warehouse space is occupied by a company that also uses the fenced yard; and then there are two tenants in the front two retail spaces. The mobile home adjacent to the building will be removed as the property is sold. As a part of the growth between Rapid City and Box Elder, this is a perfect opportunity to purchase and then improve this property to a highest and best use. The list price is not based on historic rental income. The highest and best use is a new building/paved parking lot. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Black Hills Association of REALTORS®.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.