- For Sale $3,300,000
- Property Type Retail
- Property Size 11,085 SF
- Lot Size 2.87 Acre
- # of Floors 2
- Date Updated Jul 28, 2026
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
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Contacts
KW Commercial | Black Hills
KW Commercial | Black Hills