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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

622 St Joseph St Rapid City, SD 57701

3,172 SF 0.08 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 3,172 square foot storefront, located at 622 St Joseph St in Rapid City, South Dakota, presents a unique owner/user investment opportunity. Built in 1940, this single-story building sits on a 0.08-acre lot and is zoned for general commercial use. The property boasts a large, inviting showroom with floor-to-ceiling windows, maximizing natural light and showcasing your business to the high volume of traffic on St. Joseph Street – over 9,300 vehicles daily. The interior also includes a well-appointed office area, a bathroom, and ample storage space. Convenient customer parking is available on St. Joseph Street (2-hour limit), with limited employee parking located at the rear of the building. The property is ready for occupancy on October 7, 2024. This is an excellent chance to establish or expand your business in Rapid City's vibrant downtown core. Note that the existing business and inventory are also available for sale under a separate listing (MLS#170687). The asking price for this exceptional retail property is $795,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
Total area 3,172 SF
Lot 0.08 ac (3,485 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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