Rapid City, SD Flex space for sale

Updated: Mar 25, 2025

Versatile Commercial Property For Sale

1202 East Saint Francis Street, Rapid City, SD 57701

$1,185,000

11,600 sqft 0.80 AC lot

11,600 SF building with a combination of office and industrial space.
Central location with flexible layout suitable for various business operations.
Over 2,500 SF of warehouse space with a 10’x12’ overhead door.
.80‑acre lot with neighboring vacant lots providing expansion or additional parking opportunities.
Large event room on the main level and another gathering space on the second level.

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This listing looks promising.

Here's a quick look at some key insights for

1202 East Saint Francis Street, Rapid City, SD 57701

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Est. Cap Rate

8.6%
Above avg (5.9%)
Est. NOI

$102K
Annual
Mortgage

$424K
Recorded
Property Type

Mini-Warehouse, Storage
Built 1997

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Flex/Industrial Building with Clear Span

720 N. 11th Street, Spearfish, SD 57783

$800,000

11,700 sqft 0.48 AC lot

Single-level building with clear span steel beam construction and paved parking on three city lots.

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Industrial Flex Warehouse Facility

125 Industrial Dr, Spearfish, SD 57783

Contact for pricing

51,490 sqft 6.37 AC lot

Flex-style facility offers warehouse production space, substantial office buildout, and six loading docks with a drive-in ramp.

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Heated Shop Units with Separate Meters

Rochford Road, Lead, SD 57754

$249,000

Newly built, insulated and heated shop units designed for year-round storage and flexible hobby or work use.

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New Insulated Shop Building

Rochford Road, Lead, SD 57754

$269,000

Brand-new heated shop with 14x14 overhead door, bath, floor drain, and separate utilities per unit.

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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.

Dickinson Industrial Site For Sale

545 28th Ave E, Dickinson, ND 58601

$1,700,000

5.00 AC lot

5-acre industrial site with five buildings for sale.

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Commercial Land in Billings, MT

Backcountry Avenue lot: 66 & 91, Billings, MT 59106

$41,500

0.24 AC lot

Commercial shop lots available in a secluded, private location.

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Commercial Lot in Shop World

Backcountry Avenue lot: 68, Billings, MT 59106

$46,500

0.18 AC lot

Commercial lot with utilities, close to shopping, build to suit.

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Commercial Land in Shop World

Ricky Bobby Avenue lot: 119 & 130, Billings, MT 59106

$68,500

0.30 AC lot

Commercial lots with utilities available, near shopping and amenities.

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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.

Flex space

4451 Seger Dr, Rapid City, SD 57701

Value Estimation by Request

4.68 AC lot

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Rapid City, SD Flex Space Market Trends and Statistics

Explore 2 flex space for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 11,600 square feet of properties for sale, with an estimated market value of $1,185,000.

Sale prices for business spaces in Rapid City, SD start at $1,185,000, averaging $1,185,000, and reaching up to $1,185,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
57701	$1.4M

Neighborhood

Average Price

57701

$1.4M

Rapid City, SD Flex Space for Sale

1202 East Saint Francis Street, Rapid City, SD 57701