1333 Elk Vale Rd, Rapid City, SD 57703-9504

This exceptional 5,252-square-foot restaurant and bar space is located at 1333 N Elk Vale Rd in Rapid City, South Dakota, 57703. The property boasts a prime location with excellent visibility and accessibility from I-90 and Elk Vale Road, benefiting from substantial summer tourist traffic and convention traffic during the off-season. Situated within a rapidly developing area with limited full-service restaurant and entertainment options, this Class A property presents a unique investment opportunity. The building itself is a four-story structure with over 100 parking spaces, ensuring ample convenience for patrons and staff. The interior features a spacious 47' x 57' dining and entertaining area, a sizable 47' x 17' catering kitchen complete with a storage room, and convenient features such as men's and women's restrooms, a coat room, and additional storage. A connecting corridor provides direct access to the adjacent Comfort Suites hotel, a top-ranked Choice hotel with consistently high guest ratings and near-full occupancy during peak seasons. The property is zoned for General Commercial use and sits on a 3.6-acre lot. A tenant improvement allowance is negotiable. The lease rate is $15.00 per square foot per year, NNN.