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12300 W Hwy 44 3,456 SF 100% Leased Retail Building Rapid City, SD 57702 $759,816 CAD ($219.85 CAD/SF)
Executive Summary
-Formerly the gas station at Johnson Siding, this 2,136sqft retail space has been fully remodeled and now offers a fantastic commercial opportunity in a high traffic location.
-Current owners have spared no expense in updating the property. Outside updates include: new rubber roof on main building and a metal roof on the storage building, new mound septic system with lift station, new HVAC trunks and an energy efficient heat meter. Interior updates include: new interior ceiling with 20" of blown-in insulation, updated electrical,new plumbing lines, LED lighting, fresh paint and new drywall throughout, and a freshly painted and sealed concrete floor. Walk in 25'x7' cooler with 10 access doors.
-2nd building is 1,320sqft and offers great residual income- front 450sqft is leased to a long term mo/mo tenant, andremaining 864sqft is split into 3 separate storage units with 10' overhead doors.
-Plenty of parking in gravel area around property, and sellershave retained the front covered awning for expansion opportunities. Great visibility and daily traffic count (SD DOT 2024 ADT report up to 2,500vehicles/day).
-Sellers removed the non-compliant fuel system, but these could be added back later for additional income potential.
-Property has a shared well and septic system. Majority of work has been completed, but a few items remain: electrical covers, switchplates and heat register covers, minor bathroom work, replacing some interior wood paneling, adding small section of tin ceiling above indoor cooler and thewalk-in cooler is being serviced soon.
-There is an environmental review/mediation process is in progress for the non-compliantfuel system that was removed.
-Current owners have spared no expense in updating the property. Outside updates include: new rubber roof on main building and a metal roof on the storage building, new mound septic system with lift station, new HVAC trunks and an energy efficient heat meter. Interior updates include: new interior ceiling with 20" of blown-in insulation, updated electrical,new plumbing lines, LED lighting, fresh paint and new drywall throughout, and a freshly painted and sealed concrete floor. Walk in 25'x7' cooler with 10 access doors.
-2nd building is 1,320sqft and offers great residual income- front 450sqft is leased to a long term mo/mo tenant, andremaining 864sqft is split into 3 separate storage units with 10' overhead doors.
-Plenty of parking in gravel area around property, and sellershave retained the front covered awning for expansion opportunities. Great visibility and daily traffic count (SD DOT 2024 ADT report up to 2,500vehicles/day).
-Sellers removed the non-compliant fuel system, but these could be added back later for additional income potential.
-Property has a shared well and septic system. Majority of work has been completed, but a few items remain: electrical covers, switchplates and heat register covers, minor bathroom work, replacing some interior wood paneling, adding small section of tin ceiling above indoor cooler and thewalk-in cooler is being serviced soon.
-There is an environmental review/mediation process is in progress for the non-compliantfuel system that was removed.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
3,456 SF
Building Class
C
Year Built/Renovated
1959/2025
Price
$759,816 CAD
Price Per SF
$219.85 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.44 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Mining, Quarrying, and Oil and Gas Extraction
- -
- -
- -
Depuis les débuts de Conoco Travel Bureau jusqu'aux gares modernes d'aujourd'hui, Conoco a été une source d'inspiration et d'aventure pour les conducteurs américains. Le carburant Conoco® contient 3 fois plus d'additifs détergents que le minimum exigé par l'EPA et 30 % de plus que la norme TOP TIER® pour l'essence détergente recommandée par les principaux constructeurs automobiles.
- Johnson's Siding General Store
- Retailer
- -
- -
- -
- Rimrock Happy Tavern
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Mining, Quarrying, and Oil and Gas Extraction | - | - | - | ||
| Johnson's Siding General Store | Retailer | - | - | - | ||
| Rimrock Happy Tavern | Accommodation and Food Services | - | - | - |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0046691 | Improvements Assessment | $104,920 CAD |
| Land Assessment | $43,406 CAD | Total Assessment | $148,326 CAD |
Property Taxes
Parcel Number
0046691
Land Assessment
$43,406 CAD
Improvements Assessment
$104,920 CAD
Total Assessment
$148,326 CAD
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12300 W Hwy 44
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