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Rapid City, SD 57701 2315 Mt Rushmore Rd

2315 Mt Rushmore Rd Rapid City, SD - Image 12315 Mt Rushmore Rd Rapid City, SD - Image 22315 Mt Rushmore Rd Rapid City, SD - Image 3
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Presented By: KELLER WILLIAMS REALTY BLACK HILLS
  • MLS# 179979
  • 07/13/2026
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  • SQFT • 11,085

Home Details

11,085 SF turn-key restaurant facility for sale on Mt Rushmore Rd, one of Rapid City’s primary north-south commercial corridors. After 50 years as a community gathering place, the owners of Colonial House are retiring and offering the real estate, liquor license, and FF&E for sale. The operating business is not included. The building is configured as a full-service restaurant use with commercial kitchen, bar, dining areas, bakery production space, office, mezzanine storage, and support areas. The 2.87-acre site includes 105 paved parking spaces and direct access from Mt Rushmore Rd. The location has historically supported more than $5M in annual restaurant sales, demonstrating the strength of the site and corridor. Originally constructed in 1955 and fully remodeled down to the studs in 2015, the property offers an established restaurant location with decades of community goodwill. Ownership would welcome a buyer interested in carrying the Colonial House name forward, though the site is equally suited for a new restaurant concept or easily converted to a multi-tenant retail space. For additional information or to schedule a showing, contact Chris Long at 605-939-4489 or Dan Logan at 605-593-7980.
Presented By: KELLER WILLIAMS REALTY BLACK HILLS

Interior Features for 2315 Mt Rushmore Rd

Other Interior Features

BasementNone
Floor CoveringCarpet, Tile
WallsSheetrock

General for 2315 Mt Rushmore Rd

Auction Y/NNo
CityRapid City
CoolingCentral
CountyPennington
Docs on FileAppraisal, Financial Statements, Personal Property List, Inventory, Liquor License
HeatingNatural Gas, Forced Air
LeasedOwner Occupied
Originating MLSBlack Hills AOR
ParkingAsphalt/Off-Street
Postal Code57701
Primary CityRapid City
Public Remarks11, 085 SF turn-key restaurant facility for sale on Mt Rushmore Rd, one of Rapid City’s primary north-south commercial corridors. After 50 years as a community gathering place, the owners of Colonial
Road FrontageHighway, Major Artery
RoofRubber
Sale/LeaseFor Sale
Sale/RentFor Sale
StatusACTIVE
Status Detail0
SubdivisionSD
TypeRetail
ViewCity

Exterior for 2315 Mt Rushmore Rd

ExteriorBlock
METERSMaster

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $3,300,000
MLS#179979
List Date 07/13/2026
Property Type Commercial
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