5626 Fargo Lane Rapid City, SD 57701
Office Bldg
MLS #: 173715
Listed By CENTURY 21 ClearView Realty
1
Property InformationDescription
Introducing a versatile commercial investment opportunity with a very desirable location, exceptional functionality and great visibility off of Catron Boulevard just 1/2 mile from the Stumer Rd. Walmart. This attractive newer two year old property has a total of 17,400 sq. ft., with10 units and runs 100% occupancy. Tenants are all high quality, well established businesses with long term leases and options to renew. Enjoy the passive income opportunity with the flexibility for either 100% multi-tenant occupancy, or partial rental income for an owner occupant. This location is poised to take advantage of the Catron Boulevard / 5th Street expansion that has been ongoing and will be ramping up in the near future. Each unit has both front and rear off street parking, with heated concrete zero entry front entrances, 14 ft., ceilings and a 12 ft., overhead door with an additional entrance in back. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.
Features
- Building Area: 17400.00 SF
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 1.91 Acres
- MLSID: 173715
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Office Bldg -General
- Sublease: N
- Tax Year: 2024
- Taxes: $31603.30
