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    OFF-MARKET
    Warehouses

    401 3Rd St, Rapid City, SD 57701

    9,520 SF Built 1948
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9,520-square-foot warehouse, built in 1948, presents a rare opportunity in the heart of downtown Rapid City, South Dakota. Located at 401 3rd Street, this single-tenant industrial property offers a spacious, clear-span interior perfect for various uses, particularly cold storage given its 14-foot ceiling height. The building boasts two convenient drive-in doors for efficient loading and unloading. Its prime location offers excellent visibility and accessibility, situated just one block from well-lit intersections at Omaha Street and Main Street. The entire 9,520 square feet is currently vacant and available for immediate occupancy. The monthly lease rate is $4,500, plus electricity. This freestanding warehouse is situated in Pennington County, South Dakota, and features a single story. The property's address is 401 3rd St, Rapid City, SD 57701. This is a unique chance to secure a substantial warehouse space in a thriving downtown area.

    Property profile
    Verified
    Property type Warehouses
    Year built 1948
    Total area 9,520 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
    Current use
    Occupant on record · Public records
    • Kato Studios Artist
    • Davanzo Medical Group Medical Group
    • Nichole Rose Photography (Bike/Boat/Book/etc) Store Photography Service
    • C CLEAN CORP Hardware & Home Improvement
    • Confirmed Portable Toilet Rental of Rapid City Building Supply
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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