Assisted Living Facility For
409 East Fairlane Drive Rapid City, SD 57701
For Sale
$1,500,000
Assisted living facility with expansion potential in Rapid City, SD.
Property Size44,150 SF
Lot Size1.91 Acres
Price / SF$33.98
Days on Market128
Property Features for 409 East Fairlane Drive
General Information
Standard status
Active
Size
44,150 SF
Lot size
1.91 Acres
Property subtype
Healthcare
Listing Agency:
(917) 280-6612
Listed By:
Chessa Pike
(917) 280-6612
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 30 at 3:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chessa Pike
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Edgewood Rapid City — 4001 Derby Ln, Rapid City, SD 57701
- Black Hills Works Hampton Apartments — 3922 Hampton Ct, Rapid City, SD 57701
- Morningstar Assisted Living — 4120 Winfield Ct, Rapid City, SD 57701
- Yackley Evelyn — 255 Texas St, Rapid City, SD 57701
- Black Hills Works Wisconsin Apartments — 4049 Wisconsin Ave, Rapid City, SD 57701
Frequently Asked Questions
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 Drive 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.
