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$600,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Original Town
MLS Listing ID 180788
Year Built 1934
Property Sub-Type Duplex
Property Description
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.
Location
State SD
County Pennington
Area City Center
Zoning Unknown
Interior
Heating Electric, Baseboard
Cooling Window
Exterior
Roof Type Composition
Building
Foundation Full Basement
Sewer City (at site)
Water City (at site)
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Listed by BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY
Nearby Locations
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