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625 Flormann Street

Rapid City, SD 57701
  • $1,049,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 79805
$1,049,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2001

School Ratings & Info

Description

Beautifully remodeled and well maintained single tenant NNN investment property located in Rapid City medical corridor. After being purchased and extensively remodeled in 2019 specifically for the tenant use, the location provides counseling and treatment services for substance abuse. Tenant is a subsidiary of QuickMD who purchased the business in March 2024. Current lease expires 5/31/2025, with the tenant having five 5-year renewal options. Building includes 4 large offices, 4 consultation rooms, 3 restrooms, breakroom/kitchenette, parking lot with 20 parking spots, and a 1,495 SF basement (renovated in 2023) that serves as extra work space. Equipped with key card entry and security throughout. The property previously operated as a bank, so the building has a fully functioning vault and 4 drive thru lanes, currently used for additional parking.

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© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Black Hills SD Realty are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-05-25T23:44:55.887.
www.blackhillsrealtyhomes.com/homes/149250022
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625 Flormann Street Rapid City, SD 57701

  • Price: $1,049,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 79805
0
Beds
0
Baths
0
½ Baths
0.56
Acres
2001
Built
Neighborhood:
Rapid City Southeast
Area:
Rapid City Southeast
Property Description
Beautifully remodeled and well maintained single tenant NNN investment property located in Rapid City medical corridor. After being purchased and extensively remodeled in 2019 specifically for the tenant use, the location provides counseling and treatment services for substance abuse. Tenant is a subsidiary of QuickMD who purchased the business in March 2024. Current lease expires 5/31/2025, with the tenant having five 5-year renewal options. Building includes 4 large offices, 4 consultation rooms, 3 restrooms, breakroom/kitchenette, parking lot with 20 parking spots, and a 1,495 SF basement (renovated in 2023) that serves as extra work space. Equipped with key card entry and security throughout. The property previously operated as a bank, so the building has a fully functioning vault and 4 drive thru lanes, currently used for additional parking.
Exterior Features

Construction Concrete Parking Parking Lot Parking Spaces 20

Interior Features

Approx Building Sq Ft 5527 Basement Substructure Full BasementCompletely Finished Heating Forced Air

Property Features

Auction YN No Commercial Property Type CI Land w/Building Extras FireplaceKitchen AreaRestrooms For Sale Or Rent For Sale Lease Renewable Yes Number Of Building Levels 2 Occupant Long Term Tenant Short Sale No Subdivision YN Yes Type Lot Building Site Utilities Sewer City (At Site)

[Mount Rushmore Area Association of Realtors] logoListing information © 2024 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Christopher Long of Keller Williams Realty Black Hills RC: 605-343-7500.



© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Black Hills SD Realty are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-05-25T23:44:55.887.
 
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Black Hills SD Realty
4905 5th Street, Ste. 101
Rapid City SD, 57701