2315 Mt Rushmore Rd — Sale in Rapid City, SD
- Price: $3.3M
- Listing type: For sale
- Asset type: Retail Business
- Location: Rapid City, SD 57701
- Size: 11,085 SF
Photos
Investment Figures
- Price per square foot
- $298
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Turnkey 11,085 SF restaurant building for sale at 2315 Mt Rushmore Rd in Rapid City, SD. The sale includes the liquor license and FF&E; the operating business is not included. The facility supports full-service restaurant use with a commercial kitchen, bar, dining areas, bakery production space, mezzanine office and conference room, and storage. Originally built in 1955 and remodeled down to the studs in 2015, the building sits on a 2.87-acre site with105 paved parking spaces and direct access from Mt Rushmore Rd, which carries 25,115 vehicles per day (2025MPO). Zoned General Commercial. The owners are retiring after decades of operation and are offering this landmark property for sale, with an openness to a buyer continuing the Colonial House name or bringing a new concept to the site. Asking price $3,300,000 Building SF: 11085 | Land Size: 2.87 Ac | Listing Type: FOR SALE
Market Context
This retail in Rapid City, SD is listed for sale at $3,300,000 across 11,085 SF. Compare it against other retail listings for sale in Rapid City, SD — view the full market.
Contact
- Chris Long — KW Commercial | Black Hills · +16053358100 · chris@rapidcitycommercial.com
- Chris Long · +16053358100 · chris@rapidcitycommercial.com
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