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Rapid City, SD 57701 5626 Fargo Ln

5626 Fargo Ln Rapid City, SD - Image 15626 Fargo Ln Rapid City, SD - Image 25626 Fargo Ln Rapid City, SD - Image 3
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Presented By: CENTURY 21 CLEARVIEW REALTY
  • MLS# 177291
  • 01/29/2026
  • Request Tour
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  • SQFT • 17,400

Home Details

Listed by Brian Gill, with CENTURY 21 ClearView Realty, (605) 641-3465. Introducing a versatile commercial investment opportunity with a very desirable location near all the medical facilities around Monument Health Hospital, known as the "Medical Mile". 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. This is NOT a metal warehouse building. This is a high quality Business Park constructed conventionally with 2x8 walls and is extremely well insulated and energy efficient. It has 15 Security Cameras throughout the exterior of the property. Six out of the 10 tenants are medical related businesses with their own security system in place. Gas and electric services are metered separately, and water is divided among all the tenants at $40 monthly. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.
Presented By: CENTURY 21 CLEARVIEW REALTY

Interior Features for 5626 Fargo Ln

Other Interior Features

BasementNone
Floor CoveringCarpet, Concrete, Tile
WallsSheetrock

General for 5626 Fargo Ln

Auction Y/NNo
CityRapid City
ConstructionWood Frame
CoolingCentral
CountyPennington
Docs on FileFinancial Statements, Leases
HeatingGas
Leased90-100%
ParkingAsphalt/Off-Street
Postal Code57701
Primary CityRapid City
Public RemarksListed by Brian Gill, with CENTURY 21 ClearView Realty, (605) 641-3465. Introducing a versatile commercial investment opportunity with a very desirable location near all the medical facilities around M
RoofMetal
Sale/LeaseFor Sale
Sale/RentFor Sale
StatusACTIVE
Status Detail0
SubdivisionSD
TypeOffice

Exterior for 5626 Fargo Ln

ExteriorMetal
FoundationSlab
METERSSeparate

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $3,249,000
MLS#177291
List Date 01/29/2026
Property Type Commercial
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