Conventional Restaurant

Rapid City, SD Conventional Restaurants for Sale

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Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
Turnkey Restaurant Building with Parking
Updated: Jul 13
Turnkey Restaurant Building with Parking

2315 MT RUSHMORE RD, Rapid City, SD 57701

$3,300,000
11,085 sqft
11,085 SF turnkey restaurant building at 2315 Mt Rushmore Rd in Rapid City, SD
Includes liquor license and FF&E; operating business not included
Full‑service layout with commercial kitchen, bar, dining areas, bakery production space, and storage
Mezzanine office and conference room plus demisable space for multiple tenant suites
2.87‑acre site with direct access from Mt Rushmore Rd and 105 paved parking spaces
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Freestanding Restaurant with I-90 Visibility
Updated: May 8
Freestanding Restaurant with I-90 Visibility

665 E Disk Dr, Rapid City, SD 57701

Contact for pricing
6,500 sqft 1.21 AC lot
6,500 SF restaurant on 1.209 acres
Outback Steakhouse operation established at the site since November 2000
Fourth and final lease option period extends through 11/30/2030
Heartland Expressway exposure with approximately 23,815 VPD
Direct I‑90 visibility and immediate adjacency to four hotels
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Freestanding Former Hardee’s Restaurant
Freestanding Former Hardee’s Restaurant

2250 Haines Avenue, Rapid City, SD 57701

Contact for pricing
4,391 sqft 1.51 AC lot

Commercial-corridor site includes on-site parking, convenient access, and a pylon sign.

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See what stands out in Pennington County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Operational Tortilla Food Truck
Operational Tortilla Food Truck

2007 South Douglas Highway, Gillette, WY 82718

Contact for pricing
128 sqft

Fully operational mobile tortillera offering fresh tortillas and traditional Mexican cuisine to an established customer base.

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Historic Main Street Casino Complex
Historic Main Street Casino Complex

662 Main Street, Deadwood, SD 57732

$12,500,000

Multi-use hospitality property combining casino, full-service restaurant, bar, and entertainment operations under one roof.

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Conventional Restaurant with Lease-Back
Conventional Restaurant with Lease-Back

1000 E Boxelder Rd, Gillette, WY 82718

Contact for pricing

Restaurant property with an established tenant, hotel affiliation, and ample on-site parking.

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Two-Storefront Retail Property
Two-Storefront Retail Property

675 Main St, Deadwood, SD 57732

Contact for pricing

Leased commercial building with restaurant improvements, retail space, upper-level access, and multiple storage areas.

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Rapid City, SD Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Rapid City, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,976 square feet of properties for sale, with an estimated market value of $3,300,000.

Sale prices for conventional restaurants in Rapid City, SD average $3,300,000 — 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

Conventional restaurants 4
Bars & Pubs 2
Drive through restaurants 2

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

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