USASDRapid City2315 Mount Rushmore Rd
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New
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$3,300,000

For Sale

2 days ago

2315 Mount Rushmore Rd, Rapid City, SD

House

MLS® 179979

0 Bed

0 Bath

11085 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 11085 sqft
Garage 
Taxes 
Days Active 2
Lot Size 
Approx. Age 
Avg. Price Per Sqft $297
MLS® Number 179979

Property Address: 2315 Mount Rushmore Rd, rapid city, SD, 57701-5337

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number179979
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementNone
DrivewayAsphalt/Off-Street
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 13, 2026List Date
$3,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
2315 Mount Rushmore Rd, Rapid City, SD

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