Listed by Keller Williams Realty Black Hills
$3,300,000
Colonial House Real Estate & Assets
Details
APN 75730, 37773
Property Type Retail
Sub Type Restaurant
Square Footage 11,085
Year Built 1955
Year Renovated 2015
Buildings 1
Acreage 2.870
Zoning General Commercial
Parking Spaces 105 spaces
Parking per 1,000 SqFt 9.47
Retail | 11,085 SqFt
Marketing description
Colonial House Real Estate & Assets is an 11,085 SF turnkey restaurant building for sale at 2315 Mt Rushmore Rd in Rapid City, SD, asking $3,300,000. The sale includes the liquor license and FF&E; the operating business is not included.
The building supports full-service restaurant use with a commercial kitchen, bar, dining areas, bakery production space, mezzanine office and conference room, and storage. The 2.87-acre site includes 105 paved parking spaces and direct access from Mt Rushmore Rd. Originally built in 1955 and remodeled down to the studs in 2015, the property is zoned General Commercial and can be demised for multiple tenant suites. The owners are retiring after decades of operation.
Investment highlights
- 11,085 SF restaurant building with mezzanine office and storage
- 2.87-acre site with 105 paved parking spaces
- Real estate, liquor license, and FF&E included
- Operating business not included in the sale
- Full down-to-studs remodel completed in 2015
- General Commercial zoning
- Mt Rushmore Rd frontage with 25,115 vehicles per day (2025 MPO)
- Easily demisable for multiple tenant suites
Listing Contacts
Listed by Keller Williams Realty Black Hills
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?

