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    7201 Mount Rushmore Rd Rapid City, SD 57702

    Sponsored
    For Lease
    $20 SF/Yr

    Historic building, stunning views, one suite left.

    Lot size:
    21,745 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A commercial property, Peaks on the Horizon, offers a unique opportunity to lease the last remaining space in a revitalized historic building. Originally the Stamper Gold factory, this 21,745 square foot multi-unit facility seamlessly blends original charm with modern upgrades. The building boasts original tongue-and-groove ceilings and wood beams, complemented by a contemporary exterior, updated mechanical systems, and expansive new west-facing windows providing breathtaking panoramic views of the Black Hills skyline. The available space is a 3,315 square foot endcap suite, ideally suited for a variety of uses, including a brewery, tasting room, or restaurant, with the added benefit of an adjacent outdoor seating area. Located in Rapid City's most desirable submarket, this property benefits from the recent surge in development, including three high-density apartment complexes, major medical facilities, hotels, and the Black Hills Energy headquarters. The property sits on 3.37 acres and is zoned for General Commercial use. Multiple tenancies are available within the building. Don't miss this chance to secure a prime location in a thriving area.

    Property Features for 7201 Mount Rushmore Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,745 SF
    Class
    A
    Total Rate
    36241.67

    Unit(s) available at that property

    Space
    Ste 100 - South Endcap
    Size
    3,315 SF
    Rate per SF
    $20

    HighLights

    • Class A, 21,745 SF multi‑tenant office and retail building on 3.37 acres.
    • One remaining 3,315 SF endcap suite available.
    • Located in Rapid City's hottest submarket, near new apartments, medical facilities, hotels, and Black Hills Energy headquarters.
    • General Commercial zoning.
    • Features include original character details (tongue & groove ceilings, wood beams), updated mechanical systems, and large west‑facing windows with Black Hills views.
    • Ideal for brewery, tasting room, or restaurant use (endcap suite).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Auto Repair Shop Hotel & Motel Gym & Fitness Skin Care Clinic Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.2517058
    Latitude
    44.0148381

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    FAQs

    What type of property is this?
    Restaurant - Historic building, stunning views, one suite left.
    Where is this restaurant located?
    The property is located at 7201 Mount Rushmore Rd Rapid City, SD.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Class A, 21,745 SF multi-tenant office and retail building on 3.37 acres.; One remaining 3,315 SF endcap suite available.; Located in Rapid City's hottest submarket, near new apartments, medical facilities, hotels, and Black Hills Energy headquarters.
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    7201 Mount Rushmore Rd Rapid City, SD 57702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7201 Mount Rushmore Rd Rapid City, SD 57702
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