625 Flormann Street Rapid City SD 57701 MLS #79805

625 Flormann Street
Rapid City, SD, 57701
$999,000
Beds
0 Baths
5,527 SqFt
0.56 Acres
Add
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.

Property Details

Price:
$999,000
MLS #:
79805
Status:
Active
Baths:
0
Address:
625 Flormann Street
Type:
Commercial
Subdivision:
South Boulevard Subdivision
Neighborhood:
rapidcitysoutheast
City:
Rapid City
Listed Date:
Apr 16, 2024
State:
SD
Finished Sq Ft:
5,527
ZIP:
57701
Lot Size:
24,393 sqft / 0.56 acres (approx)
Year Built:
2001
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

B A S E M E N T/ S U B S T R U C T
Full Basement, Completely Finished
H E A T I N G
Forced Air

Exterior

C O N S T R U C T I O N
Concrete
E X T R A S
Fireplace, Kitchen Area, Restrooms
P A R K I N G
Parking Lot

Financial

U T I L I T I E S- S E W E R
City ( At Site)

Map

Community

Similar Listings Nearby

625 Flormann Street
Rapid City, SD