751 CATHEDRAL DR $650,000

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    751 CATHEDRAL DR Rapid City, SD 57701

    • 0.89 Acres
    • Commercial
    • MLS# 142158
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    Views: 43 Days On Market: 81

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    Property Details

    FAST FOOD RESTAURANT Former Wendy's fast food restaurant at the southwest corner of Tower Road and Cathedral Drive just east of Mt Rushmore Road. In high traffic area off of Mt Rushmore Road (over 16,000 vehicles per day) and just two blocks from Rapid City Regional Medical Center on 5th St in established neighborhood with strong mix of residential and commercial. Great visibility from major arteries Mt Rushmore Rd to the west and 5th St from the east, frontage on Cathedral Dr and Tower Rd. Large dining room (30'x32'), two drive-thru windows, two customer entrances, large kitchen with small office, large freezer/cooler space, locked storage, and 44 parking spaces. Accessed from Tower Road, shared entrance with neighboring Taco Bell. Replatting required. Current platting includes Taco Bell to the west. Also available for lease at $3,500/month + NNN and utilities. Listed by Brad Estes, Keller Williams Realty Black Hills, 605-381-1171.

    • General Features
      • View City
      • Auction Y/N No
      • Area Southeast
      • Sale/Rent For Sale
    • Building Features
      • Basement None
      • Construction Masonry
      • COOLING Central
      • Exterior Walls Brick
      • FLOOR COVERING Carpet,Tile
      • INTERIOR WALLS Sheetrock,Paneling
      • Retail SqFt 3124
      • ROOF TYPE Tar/Gravel
      • 1 3124
    • Property Features
      • PARKING Asphalt/Off-Street
      • ROAD FRONTAGE Major Artery

    Contact

    BRADLEY ESTES

    BRADLEY ESTES

    KELLER WILLIAMS REALTY BLACK HILLS

    KELLER WILLIAMS REALTY BLACK HILLS

    Primary: 605-381-1171

    Neighborhood

    57701 (Rapid City) Demographics

    34 Median Age
    637 Population Density (per sq. mile)
    33% College Educated
    $41,316 Estimated Median Income
    9,970 Estimated Total Home Owners
    7,926 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    45,122 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    142 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $650,000
        7/1/2020 6:24:58 PM Price Reduced Source New Value: $650,000 -13.33%
        7/1/2020 5:25:00 PM New in Database Source New Value: $750,000

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        **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.