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    OFF-MARKET
    Commercial real estate

    0 St Joseph St, Rapid City, SD 57701

    Property ID
    Property summary
    AI-generated overview

    This thriving business, Black Hills Vinyl, established in 2012, presents a unique opportunity for an entrepreneur. Located at 622 St Joseph St, Rapid City, SD 57701, this well-established business caters to both locals and tourists in the Black Hills region. The sale includes the business entity, its extensive inventory of new and used vinyl records, CDs, tapes, turntables, stereos, and accessories. A significant portion of the inventory also includes discs, bags, and accessories for disc golf, demonstrating a diversified product offering. The sale price of $300,000 encompasses all business assets, including the valuable business name, website domain, and existing marketing materials. This turnkey operation provides immediate access to an established customer base and a proven business model. Interested parties should contact the listing agent to review the financial statements and execute a non-disclosure agreement. Note that the retail building is also available for purchase separately (MLS#170684). This is an exceptional opportunity to acquire a profitable and well-regarded business in a vibrant community.

    Property profile
    Verified
    Property type Commercial real estate
    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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