550 N 5th St, Rapid City, SD 57701

Property Description

Prime commercial opportunity at 550 N 5th St, just NE of the Civic Center and close to downtown. Offered at $1,700,000, this office building features 58 office suites plus 2 conference rooms, providing flexible space for a variety of professional users. On-site amenities include 6 bathrooms and approximately 60 on-site parking spaces. A digital reader board supports high visibility signage and a additional revenue source, and the property is being sold with all equipment and fixtures. Security and life-safety features include an internal and external motion-detected camera system, outside monitored burglar alarm, and fire alarm/sprinkler system. Currently approximately 90% are occupied, including two units occupied by the current owner. Financials are available with a signed NDA. Conveniently located across from the Civic Center with quick access to downtown services and employers.