711 5TH ST, Rapid City, SD 57702
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
Duplex
1934
ORIGINAL TOWN
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 |
