$600,000
MLS #: 180788

Description of 711 5TH ST, Rapid City, SD 57702

Listed by Mike Bulich (605-786-8107) with Berkshire Hathaway HomeServices Midwest Realty. Unique downtown Rapid City investment opportunity with multiple possibilities! Located directly behind the historic Pillen Optical Building, this non-conforming duplex is commercially zoned, offering potential to continue its current residential use or explore conversion to commercial space, subject to applicable city requirements and approvals. The property features two units, including a 1-bedroom, 1-bath upper apartment and a 2-bedroom, 1-bath main-level unit with basement access, plus a single-car garage. Its downtown location creates opportunities for rental income, office or commercial use, or a larger redevelopment vision utilizing both neighboring properties. Property must be sold with, or simultaneously with, the Pillen Optical Building at 501 Kansas City Street, MLS #178324. The list price of $600,000 is for both properties (711 5Th street & 501 Kansas City). Two neighboring downtown properties with income potential, commercial zoning, and flexibility for future use.

Property Features of 711 5TH ST, Rapid City, SD 57702

TYPE
Duplex
Year Built
1934
Subdivision
ORIGINAL TOWN
Community
City Center
Features
Electric heat
Baseboard heat
Window unit air conditioner
Frame exterior
Lot has city view
Subdivision: ORIGINAL TOWN
Lot zoned: Unknown
Smoke alarm
Window coverings
Composition roof
Public sewer
Public water
Units in building(s): 2
For sale
Courtesy of: BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY MICHAEL BULICH

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