Description
Introducing a versatile commercial investment opportunity with a very desirable location, exceptional functionality and great visibility off of Catron Boulevard just 1/2 mile from the Stumer Rd. Walmart. This attractive newer two year old property has a total of 17,400 sq. ft., with 10 units and runs 100% occupancy. Tenants are all high quality, well established businesses with long term leases and options to renew. Enjoy the passive income opportunity with the flexibility for either 100% multi-tenant occupancy, or partial rental income for an owner occupant. This location is poised to take advantage of the Catron Boulevard / 5th Street expansion that has been ongoing and will be ramping up in the near future. Each unit has both front and rear off street parking, with heated concrete zero entry front entrances, 14 ft. ceilings and a 12 ft. overhead door with an additional entrance in back. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
17,400SQFT
-
$207$/SQFT
School Ratings & Info
Description
Introducing a versatile commercial investment opportunity with a very desirable location, exceptional functionality and great visibility off of Catron Boulevard just 1/2 mile from the Stumer Rd. Walmart. This attractive newer two year old property has a total of 17,400 sq. ft., with 10 units and runs 100% occupancy. Tenants are all high quality, well established businesses with long term leases and options to renew. Enjoy the passive income opportunity with the flexibility for either 100% multi-tenant occupancy, or partial rental income for an owner occupant. This location is poised to take advantage of the Catron Boulevard / 5th Street expansion that has been ongoing and will be ramping up in the near future. Each unit has both front and rear off street parking, with heated concrete zero entry front entrances, 14 ft. ceilings and a 12 ft. overhead door with an additional entrance in back. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.
© 2025 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. Data last updated: 2025-06-18T00:16:18.653.