711 5th St, Rapid City, SD 57702 Photo
711 5th St Rapid City, SD 57702
$600,000
Active / MLS# 180788 / Multi Unit - Multiple / Rapid City
0 Beds

Listed by Mike Bulich (605-786-8107) with Berkshire Hathaway HomeServices Midwest Realty. Unique downtown Rapid City investment opportunity with multiple possibilities! Located directly behind the historic Pillen Optical Building, this non-conforming duplex is commercially zoned, offering potential to continue its current residential use or explore conversion to commercial space, subject to applicable city requirements and approvals. The property features two units, including a 1-bedroom, 1-bath upper apartment and a 2-bedroom, 1-bath main-level unit with basement access, plus a single-car garage. Its downtown location creates opportunities for rental income, office or commercial use, or a larger redevelopment vision utilizing both neighboring properties. Property must be sold with, or simultaneously with, the Pillen Optical Building at 501 Kansas City Street, MLS #178324. The list price of $600,000 is for both properties (711 5Th street & 501 Kansas City). Two neighboring downtown properties with income potential, commercial zoning, and flexibility for future use.

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Estimated Payment

$ 1,508.33 per month $1,333.33 Principal & Interest $0.00 Property Tax (data not provided by mls) $175.00 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Home Style: Duplex
Lot Size: 0
Year Built: 1934

Feature Descriptions

Lot Dimensions: .06
Parking Notes: Paved
Units: 2

Listed By / Shown By

Listed By

Agency Name: BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY
Agent Name: MICHAEL BULICH
Agency Phone: 605-791-2340

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Shown By

Agent Name: Rosie Sanchez
Agent Phone: (605) 405-3133
Agency Title: The Experience Real Estate, Inc.

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