Back to Previous Page 2001 7th St

Medical Office Investment - For Sale

$599,000

Bldg 4,662 SF | Land 0.32 Acres | 2 Stories

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Property Information

List Price $599,000

Zoning General Commercial

Bldg SF 4,662

Bldg $/SF $128.49

Year Built 1965

County Pennington County

Acres 0.32

Property Overview

The 4,482 SF building is divided into three suites, with two tenants in place (PT-OT and Hearing Solutions) and one 720 SF suite currently vacant. The layout supports a mix of private offices and open work areas, allowing it to function as either a multi-tenant asset or a larger user footprint. The building includes three separate entrances, including an ADA-accessible entry, with a basement level providing additional storage and utility space. Recent capital improvements totaling over $139,000 include a new roof, parking lot asphalt, and mechanical updates. The 720 SF suite is offered for lease at $1,400/month, utilities included, creating a clear path to increasing income or accommodating an owner-user. The owner will sign a master lease for the full property for two years, if desired. For additional information or to schedule a showing, contact Chris Long at 605-335-8100 or Gina Plooster at 605-519-0749.

Highlights

This multi-tenant office property offers in-place income in a central Rapid City location, just off Mount Rushmore Road near St. Patrick Street. 

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