RETAIL FOR SALE/LEASE 501 Kansas City Street, Rapid City, SD 57701

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1 RETAIL FOR SALE/LEASE Updated November 2018 Highlights Sale Price: $325,000 Former location of Pillen Optical at the corner of Kansas City and 5th Street Main floor boasts 1,456 square feet of retail and office space with large picture windows and historic woodwork and built-ins Upstairs, accessed by a spiral staircase, is an additional 680 square feet for showroom and or office space Basement provides 1,288 square feet more for storage and includes a lot of plumbing Multi-family residential building on 5th Street directly behind this property that could be available in this sale for expansion or additional parking Parking is provided in back, but zoning does not require off street parking Lease Rate: $2,500 + utilities Property Details Building Size: 3,424 SF Total Main Floor: 1,456 SF Upper Floor: 680 SF Lower Floor: 1,288 SF - Storage & work space Acres: 0.10 Acres Zoning: Central Business District Year Built: 1919 Legal Description: Original Town of Rapid City, Block 105, N90 of Lot 1-2 Tax ID: Taxes (2017): $3, Special Assessment (2017): $32.67 (Storm Water) Traffic Count (2017): 21,846 vehicles per day Exclusively listed by: Chris Long, CCIM Commercial Broker chris@rapidcitycommercial.com Your Property... Our Priority SM

2 FLOOR PLAN Main Level Rear Entrance Upper Level Down Closet Work Room 14'x10' Showroom 14'x12' 14'x15' Storage 10'x7' Storage 11'x6' Spiral Staircase Wash Room 14'x6' 10'x10' Supply 6'x18' 6'x18' 13'x25' 10'x10' Fireplace 14'x27' Desk Bath 4'x4' 14'x10' *Not to scale Front Entrance

3 PHOTOS

4 LOCATION 501 Kansas City St St. Joseph St 501 Kansas City St

5 DEMOGRAPHICS Rapid City, SD Spearfish Welcome to South Dakota and Rapid City! The Mount Rushmore State of South Dakota has carved a solid reputation for business friendliness. It is consistently ranked in the top five states for setting up and conducting business. Small and big companies alike are discovering South Dakota s central location and progressive business climate. Rapid City is a gem of a city in the state. Located in the west, it is situated on I-90 with direct access to the Black Hills and the surrounding energy fields and is the regional economic and medical hub for a 200 mile radius containing 630,000 people. Rapid City has a diverse economy of many thriving small businesses boosted by the area s major industries of tourism, healthcare, Ellsworth Air Force Base, and financial call centers. National Rankings #1 #2 #4 Rapid City Best Towns Outdoor Life, 2010 South Dakota Best State for Business CNBC, 2016 Rapid City Best Places to Launch a Business CNN Money, 2009 Deadwood Lead Black Hills National Forest Hill City Crazy Horse Monument Custer Sturgis Keystone Mt. Rushmore Custer State Park Wind Cave National Park Hot Springs Rapid City Hermosa Ellsworth Air Force Base Box Elder Badlands National Park #6 #6 Rapid City Cities with the Lowest Unemployment Rate Forbes, 2017 Rapid City Best Small City for Business and Careers Forbes, 2013 Rapid City Area Key Stats Total Work Force... 65,250 Employed... 62,900 Unemployed... 2,350 Unemployment Rate % Right-to-work Law... Yes Employment by Sector: Trade... 8,400 Transportation, Warehousing & Utilities... 11,600 Professional & Business Services... 5,100 Educational & Health Services... 10,600 Leisure & Hospitality... 7,800 Government... 10,700