• Asking Price $1,049,000

  • 625 FLORMANN ST RAPID CITY, SD 57701

  • 5,527 SqFt
  • Commercial / Resale (MLS)
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Property Details for 625 FLORMANN ST, RAPID CITY, SD 57701

Features

  • Price/sqft: $189
  • Lot Size: 13939 sq. ft.
  • Total Rooms: 1
  • Room List: Basement
  • Stories: 100
  • Heating: Forced Air Heating

Facts

  • Year Built: 01/01/2001
  • Property ID: 877901277
  • MLS Number: 79805
  • Parcel Number: 37-12-107-002
  • Property Type: Commercial
  • County: PENNINGTON
  • Legal Description: SOUTH BOULEVARD ADD, BLOCK 17, LOT 12 - 15
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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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Property Brokerage: Keller Williams Realty Black Hills 2401 W Main Street Suite #1 Rapid City SD 57702
Copyright © 2024 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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