Rapid City, SD
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Rapid City, SD Assisted Living Facilities for Sale

    Notify Me
    List
    Map
    Box Elder, SD Summerset, SD Black Hawk, SD
    Assisted Living Facility For Sale
    $1,500,000
    44,150 SF
    Assisted Living Facility For Sale

    409 East Fairlane Drive, Rapid City, SD 57701

    Assisted living facility with expansion potential in Rapid City, SD.
    • 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.
    Updated: Mar 25
    View details
    Rapid City Assisted Living Facility
    $5,000,000
    21,895 SF
    Rapid City Assisted Living Facility

    1321 Columbus Street, Rapid City, SD 57701

    48-bed assisted living facility in Rapid City, South Dakota.
    • 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.
    Updated: Mar 25
    View details
    Based on your search, we've compiled 23 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Established Assisted Living Facility
    $1,200,000
    12,975 SF
    Established Assisted Living Facility

    15-bed assisted living facility on 3.34 acres near US Hwy 87.

    80007 Us Highway 87, Lewistown, MT 59457

    View details
    Versatile Property with Assisted Living Potential
    $975,000
    Versatile Property with Assisted Living Potential

    Spacious property zoned for mixed-use, senior housing, or bed & breakfast.

    55 Pauma Valley Dr, Colorado Springs, CO 80921

    View details
    Versatile Religious Facility on Corner Lot
    $2,200,000
    20,678 SF
    Versatile Religious Facility on Corner Lot

    Adaptable 20,678 SF facility on 2.5 acres for sale.

    4720 Galley Road, Colorado Springs, CO 80915

    View details
    Assisted Living Facility on Highway
    $1,200,000
    12,000 SF
    Assisted Living Facility on Highway

    3.34 acres with assisted living, shop, and apartment.

    80007 US-87, Lewistown, MT 59457

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Growing Corridor
    $500,000
    Commercial Land in Growing Corridor

    Commercial property with growth potential in downtown Logan.

    830 N 200 W, Logan, UT 84321

    View details
    Santa Fe Commercial Land Opportunity
    $2,100,000
    12.10 Acres
    Santa Fe Commercial Land Opportunity

    12.10 acre commercially zoned land near Las Campanas.

    CAMINO LA TIERRA, Santa Fe, NM 87506

    View details
    Volcano Cliffs Subdivision Land Opportunity
    $445,000
    2.11 Acres
    Volcano Cliffs Subdivision Land Opportunity

    2.11 acre subdividable land in growing Volcano Cliffs Subdivision.

    Calle Nortena NW, Albuquerque, NM 87120

    View details
    Wooded Development Land with Stream
    $469,900
    5.94 Acres
    Wooded Development Land with Stream

    Zoned R-2 wooded acreage with substantial main-thoroughfare frontage and a spring creek backdrop for flexible development concepts.

    507 Clara Avenue, Wisconsin Dells, WI 53965

    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)
    13,311 SF Lot: 1.10 Acres
    Value Estimation by Request

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

    View details
    4110 Winfield Ct
    HOMES (RETIRED, NURSING)
    6,912 SF Lot: 0.67 Acres
    Value Estimation by Request

    4110 Winfield Ct, Rapid City, SD 57701-8306

    View details
    2303 Michigan Ave
    HOMES (RETIRED, NURSING)
    4,872 SF Lot: 0.56 Acres
    Value Estimation by Request

    2303 Michigan Ave, Rapid City, SD 57701-5655

    View details
    314 Wright St
    HOMES (RETIRED, NURSING)
    5,200 SF Lot: 0.53 Acres
    Value Estimation by Request

    314 Wright St, Rapid City, SD 57701-0619

    View details
    2000 Wesleyan Blvd
    HOMES (RETIRED, NURSING)
    48,786 SF Lot: 5.00 Acres
    Estimated value
    $905,000

    2000 Wesleyan Blvd, Rapid City, SD 57702-9340

    View details
    302 Saint Cloud St
    HOMES (RETIRED, NURSING)
    11,416 SF Lot: 5.14 Acres
    Value Estimation by Request

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

    View details
    410 Neel St
    HOMES (RETIRED, NURSING)
    5,644 SF Lot: 1.11 Acres
    Value Estimation by Request

    410 Neel St, Rapid City, SD 57703-6880

    View details
    916 Mtn Vw Rd
    HOMES (RETIRED, NURSING)
    17,847 SF Lot: 1.14 Acres
    Value Estimation by Request

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

    View details
    224 Elk St
    HOMES (RETIRED, NURSING)
    12,326 SF Lot: 4.90 Acres
    Value Estimation by Request

    224 Elk St, Rapid City, SD 57701-7359

    View details
    1321 Columbus St
    HOMES (RETIRED, NURSING)
    5,693 SF Lot: 1.64 Acres

    1321 Columbus St, Rapid City, SD 57701-2538

    View details
    2500 Arrowhead Dr
    HOMES (RETIRED, NURSING)
    21,099 SF Lot: 5.92 Acres
    Estimated value
    $590,000

    2500 Arrowhead Dr, Rapid City, SD 57702-4225

    View details
    4120 Winfield St
    HOMES (RETIRED, NURSING)
    6,912 SF Lot: 0.75 Acres
    Value Estimation by Request

    4120 Winfield St, Rapid City, SD 57701-8306

    View details
    820 Ee Blvd
    HOMES (RETIRED, NURSING)
    2,100 SF Lot: 0.95 Acres
    Value Estimation by Request

    820 Ee Blvd, Rapid City, SD 57701-3861

    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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 2
    Senior Housing / Retirement Homes 1
    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)

    Property Size Breakdown

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings