2315 Mt Rushmore Rd
$3,300,000
2315 Mount Rushmore Road, Rapid City, SD 57701
11,085 sqft
Building Size
2.87 acres
Lot Area
Details:
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
Frontage on Mt Rushmore Rd, one of Rapid City's primary commercial corridors
25,115 vehicles per day (2025 MPO)
Near downtown Rapid City, Monument Health, and established neighborhoods
Pennington County
11,085 SF restaurant building on 2.87 acres
Asking price $3,300,000, approximately $297.70/SF
Liquor license and FF&E included; operating business not included
105 paved on-site parking spaces
General Commercial zoning
Full remodel completed down to the studs in 2015
Easily demisable for multiple tenant suites
Documents:
| Title | ||
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| 2315 Mt Rushmore Rd Information Packet |
Location
Gallery
