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    Rapid City, SD Commercial Real Estate for Sale

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    Box Elder, SD Summerset, SD Piedmont, SD
    76 results
    Multi-Tenant Office Building in Rapid City
    $599,000
    4,662 SF

    Multi-Tenant Office Building in Rapid City

    2001 7th Street, Rapid City, SD 57701

    Multi-tenant office property with income potential in central Rapid City.

    • In‑place income from two existing tenants (PT‑OT and Hearing Solutions).
    • Recent capital improvements totaling over $139,000 including a new roof and parking lot.
    • Central Rapid City location near Mount Rushmore Road and St. Patrick Street.
    • Opportunity to increase income by leasing the vacant 720 SF suite ($1,400/month, utilities included).
    • Potential for owner to sign a master lease for the full property for two years.
    Updated: Apr 14
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    Rapid City Professional Office Building
    $995,000
    5,527 SF

    Rapid City Professional Office Building

    625 Flormann Street, Rapid City, SD 57701

    Professional office building near medical corridor in Rapid City, SD.

    • Prime location near Rapid City's established medical corridor, off Mount Rushmore Road.
    • Configured for medical, counseling, or service‑based use with reception, waiting area, and eight private offices.
    • Recent full interior remodel (2019) and basement renovation (2023).
    • Finished 1,494 SF basement provides flexible workspace and storage.
    • Security features include key card access, surveillance, and a secured vault.
    Updated: Apr 10
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    Remodeled Retail Space in Rapid City
    $549,000
    3,456 SF

    Remodeled Retail Space in Rapid City

    2,136 SF remodeled retail space with additional income potential.

    12300 W Hwy 44, Rapid City, SD 57702
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    Rapid City Warehouses on Cambell
    $975,000
    10,840 SF

    Rapid City Warehouses on Cambell

    Two warehouses totaling 10,840 SF on 2.22 acres.

    3418 Cambell Street, Rapid City, SD 57701
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    Rapid City Multi-Tenant Office Building
    $1,090,000
    7,234 SF

    Rapid City Multi-Tenant Office Building

    Multi-tenant office building with income potential near Mount Rushmore.

    1010 9th Street, Rapid City, SD 57701
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    Rapid City Development Opportunity
    $610,000
    4.00 Acres

    Rapid City Development Opportunity

    4-acre commercial/multifamily development site in established Orchard Meadows subdivision.

    3222 Jaffa Garden Way, Rapid City, SD 57703
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    Rapid City Commercial Corner Property
    $450,000
    1,920 SF

    Rapid City Commercial Corner Property

    Commercial property with showroom, garage, and highway frontage.

    1585 Valley Drive, Rapid City, SD 57703
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    New Construction Warehouse Space Available
    Contact for pricing
    4,000 SF

    New Construction Warehouse Space Available

    New construction warehouse space for contractor, service, and equipment-based businesses.

    1931 Dyess Avenue, Rapid City, SD 57701
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    New Construction Warehouse Space Available
    Contact for pricing
    8,000 SF

    New Construction Warehouse Space Available

    New construction warehouse space for contractor, service, and equipment-based businesses.

    1931 Dyess Avenue, Rapid City, SD 57701
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    Rapid City Commercial Development Land
    $1,875,885
    7.23 Acres

    Rapid City Commercial Development Land

    7.23-acre commercial development land in active retail area.

    621 E Mall Drive, Rapid City, SD 57702
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    Commercial Lot in Rapid City
    $150,000
    0.30 Acres

    Commercial Lot in Rapid City

    General commercial building lot on Rapid City's thriving west side.

    3429 W Rapid Street, Rapid City, SD 57701
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    Rapid City Commercial Lot Opportunity
    $89,900
    0.27 Acres

    Rapid City Commercial Lot Opportunity

    Prime commercial lot in high-traffic area, excellent visibility.

    530 E NORTH, Rapid City, SD 57701
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    Rapid City Office Building Investment
    $1,495,000
    11,843 SF

    Rapid City Office Building Investment

    Well-located office building with suites, investment or owner-occupancy opportunity.

    2620 Jackson Boulevard, Rapid City, SD 57702
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    Rapid City Commercial Building Lot
    $150,000
    0.30 Acres

    Rapid City Commercial Building Lot

    General commercial building lot in high-traffic Rapid City location.

    3429 W RAPID, Rapid City, SD 57701
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    Rapid City Industrial Warehouse Available
    $1,575,000
    13,568 SF

    Rapid City Industrial Warehouse Available

    13,568 SF industrial warehouse with office and storage.

    940 Kennel Dr, Rapid City, SD 57703
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    Commercial Land in Rapid City
    $150,000
    0.30 Acres

    Commercial Land in Rapid City

    General commercial building lot on Rapid City's thriving west side.

    3429 W Rapid Street, Rapid City, SD 57701
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    Rapid City Development Opportunity
    $2,340,000
    15.34 Acres

    Rapid City Development Opportunity

    15.34-acre commercial land in Rapid City's retail corridor.

    E Anamosa Street, Rapid City, SD 57701
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    Retail Site on Haines Avenue
    $220,000
    0.51 Acres

    Retail Site on Haines Avenue

    Prime retail location in Rapid City's commercial corridor.

    2440 Haines Avenue, Rapid City, SD 57701
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    Rapid City Farm/Estate Land
    $3,399,000
    324.67 Acres

    Rapid City Farm/Estate Land

    Large, developable land near Rapid City with residential potential.

    0000 North of Bethpage Drive, Rapid City, SD 57702
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    Rapid City Flex Building For Sale
    $1,185,000
    11,600 SF

    Rapid City Flex Building For Sale

    11,600 SF flex building in central Rapid City location.

    1202 E St. Francis Street, Rapid City, SD 57701
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    Rapid City Flex Building
    $1,185,000
    11,600 SF

    Rapid City Flex Building

    11,600 SF flex building in central Rapid City location.

    1202 E St. Francis Street, Rapid City, SD 57701
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    Rapid City Commercial Land I-90
    $1,700,000
    6.19 Acres

    Rapid City Commercial Land I-90

    Exceptional commercial land with unmatched I-90 potential in Rapid City.

    TBD Latrobe Avenue, Rapid City, SD 57701
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    New Industrial Development For Sale
    $2,900,000
    24,000 SF

    New Industrial Development For Sale

    New 24,000 SF industrial development near I-90.

    3460 Jet Drive, Rapid City, SD 57703
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    East Mall Drive Frontage Property
    $1,842,000
    9.95 Acres

    East Mall Drive Frontage Property

    Prime commercial land with high visibility and development potential.

    2827 E Mall Dr, Rapid City, SD 57701
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    Rapid City, SD Commercial Real Estate Investment Opportunities Market Analysis

    Explore 2231 commercial real estate for sale in Rapid City, SD, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 390,686 square feet of properties for sale, with an estimated market value of $46,641,000.

    Sale prices for business properties in Rapid City, SD start at $85,000, averaging $2,027,869, and reaching up to $9,060,000 — 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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    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    57702 $1.1M
    57701 $1.4M
    57703 $1.6M

    Taxes & Financing

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

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