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    Rapid City, SD Assisted Living Facilities for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD
    Assisted Living Facility For Sale
    Updated: Mar 25
    Assisted Living Facility For Sale

    409 East Fairlane Drive, Rapid City, SD 57701

    $1,500,000
    44,150 sqft 1.91 AC lot
    Set up as an assisted living facility with 64 beds, offering immediate operational potential.
    Four separate buildings on 3 acres allow for diverse patient populations and potential expansion.
    Multiple amenities including community living spaces, activity rooms, hair salon, and laundry facilities.
    Located in Rapid City, the second most populous city in South Dakota.
    Designed with a mix of single and dual‑occupancy bed options.
    View details
    Rapid City Assisted Living Facility
    Updated: Mar 25
    Rapid City Assisted Living Facility

    1321 Columbus Street, Rapid City, SD 57701

    $5,000,000
    21,895 sqft 1.64 AC lot
    Well‑designed single‑story facility with 48 identical beds and in‑suite bathrooms.
    Located in Rapid City, the second most populous city in South Dakota.
    Sits on 1.64 acres with area for expansion.
    Three‑wing facility centered by common area, dining, and kitchen.
    Onsite amenities include laundry and a hair salon.
    View details
    See hot listings in Rapid City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Assisted Living Facility with County Offices
    Assisted Living Facility with County Offices

    431 & 443 Quarry, Columbus, MT 59019

    $2,850,000
    32,366 sqft

    Mixed-use healthcare property with resident accommodations, administrative offices, shared areas, and elevator access.

    View details
    Mixed-Use Building with Assisted Living
    Mixed-Use Building with Assisted Living

    431 & 443 Quarry Road, Columbus, MT 59019

    $2,850,000
    32,366 sqft

    Two-story mixed-use property combines assisted living accommodations, county offices, shared spaces, cafeteria, and basement storage.

    View details
    Assisted Living Facility with Expansion Land
    Assisted Living Facility with Expansion Land

    150 Wyoming Street, Lander, WY 82520

    $2,400,000
    34,903 sqft 4.07 AC lot

    Operating Level 1 center with private resident suites, commercial kitchen, laundry, common areas, and staff apartments.

    View details
    Assisted Living Facility With Expansion Land
    Assisted Living Facility With Expansion Land

    150 Wyoming Street, Lander, WY 82520

    $2,400,000

    Operating assisted living center with private resident rooms, support spaces, and undeveloped acreage for future development.

    View details

    Off-Market Properties in Rapid City, SD

    Consider similar Off-Market properties in Rapid City, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    301 Fox Run Dr
    HOMES (RETIRED, NURSING)

    301 Fox Run Dr, Rapid City, SD 57701-2313

    Estimated value:
    $335,000
    13,311 sqft 1.10 AC lot
    View details
    4110 Winfield Ct
    HOMES (RETIRED, NURSING)

    4110 Winfield Ct, Rapid City, SD 57701-8306

    Estimated value:
    $300,000
    6,912 sqft 0.67 AC lot
    View details
    2303 Michigan Ave
    HOMES (RETIRED, NURSING)

    2303 Michigan Ave, Rapid City, SD 57701-5655

    Estimated value:
    $295,000
    4,872 sqft 0.56 AC lot
    View details
    314 Wright St
    HOMES (RETIRED, NURSING)

    314 Wright St, Rapid City, SD 57701-0619

    Estimated value:
    $295,000
    5,200 sqft 0.53 AC lot
    View details
    2000 Wesleyan Blvd
    HOMES (RETIRED, NURSING)

    2000 Wesleyan Blvd, Rapid City, SD 57702-9340

    Estimated value:
    $905,000
    48,786 sqft 5.00 AC lot
    View details
    302 Saint Cloud St
    HOMES (RETIRED, NURSING)

    302 Saint Cloud St, Rapid City, SD 57701-3767

    Estimated value:
    $400,000
    11,416 sqft 5.14 AC lot
    View details
    410 Neel St
    HOMES (RETIRED, NURSING)

    410 Neel St, Rapid City, SD 57703-6880

    Estimated value:
    $270,000
    5,644 sqft 1.11 AC lot
    View details
    916 Mtn Vw Rd
    HOMES (RETIRED, NURSING)

    916 Mtn Vw Rd, Rapid City, SD 57702-2521

    Estimated value:
    $420,000
    17,847 sqft 1.14 AC lot
    View details
    224 Elk St
    HOMES (RETIRED, NURSING)

    224 Elk St, Rapid City, SD 57701-7359

    Estimated value:
    $425,000
    12,326 sqft 4.90 AC lot
    View details
    1321 Columbus St
    HOMES (RETIRED, NURSING)

    1321 Columbus St, Rapid City, SD 57701-2538

    Estimated value:
    $365,000
    5,693 sqft 1.64 AC lot
    View details
    2500 Arrowhead Dr
    HOMES (RETIRED, NURSING)

    2500 Arrowhead Dr, Rapid City, SD 57702-4225

    Estimated value:
    $590,000
    21,099 sqft 5.92 AC lot
    View details
    4120 Winfield St
    HOMES (RETIRED, NURSING)

    4120 Winfield St, Rapid City, SD 57701-8306

    Estimated value:
    $285,000
    6,912 sqft 0.75 AC lot
    View details
    820 Ee Blvd
    HOMES (RETIRED, NURSING)

    820 Ee Blvd, Rapid City, SD 57701-3861

    Estimated value:
    $325,000
    2,100 sqft 0.95 AC lot
    View details

    Rapid City, SD Assisted Living Facilities Market Trends and Statistics

    Explore 15 assisted living facilities for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 66,045 square feet of properties for sale, with an estimated market value of $6,500,000.

    Sale prices for assisted living facilities in Rapid City, SD start at $1,500,000, averaging $3,250,000, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 2
    Spa & wellness properties 1

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57701 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Pennington County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 10,000 to 25,000 square foot range.

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