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409 East Fairlane Dr Rapid City, SD 57701

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For Sale
$1,500,000

Assisted living facility with expansion potential in Rapid City, SD.

Property size:
44,150 SF

Property Features for 409 East Fairlane Dr

General Information

Standard status
Active
Size
44,150 SF

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Listing Contact
Chessa Pike
Source: Cbre

Listing Agent: Chessa Pike

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Assisted Living Facility For Sale

The property at 409 East Fairlane is currently operated as an assisted living facility, but it is suitable for multiple alternative uses. The property consists of four separate buildings on 3 acres, offering ample room for expansion. The independent building setup allows for various patient populations to co-locate within the facility. There are currently 64 beds available, comprised of 4 different floor plans. Most beds are single occupancy, with some dual-occupancy options. The property offers amenities such as community living space and common areas, activity and game rooms, a full-service hair salon, computer areas, laundry facilities, and a community clubhouse. The property is located in Rapid City, the second most populous city in South Dakota and the county seat of Pennington County. Rapid City is located on the Black Hills’ eastern slope. The property has a size of approximately 44,150 square feet and sits on approximately 1.91 acres.
Location Intelligence

Current Use by Public Records

Fairmont Grand Senior ... Nursing Home Fairmont Grand Association Or Organization

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Edgewood Rapid City, Black Hills Works Hampton Apartments, Morningstar Assisted Living, Yackley Evelyn, Black Hills Works Wisconsin Apartments

Location Insight

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  • Local Demand
City
Rapid City
County
Pennington
State
South Dakota
Longitude
-103.2092223
Latitude
44.0556356

FAQs

What type of property is this?
Assisted living facility - Assisted living facility with expansion potential in Rapid City, SD.
Where is this assisted living facility located?
The property is located at 409 East Fairlane Dr Rapid City, SD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Set up as an assisted living facility with **64 beds**, offering immediate operational potential.; - Four separate buildings on **3 acres** allow for diverse patient populations and potential expansion.; - Multiple amenities including community living spaces, activity rooms, hair salon, and laundry facilities.
More about this property
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