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    Rapid City, SD Healthcare Properties 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
    Spa & Wellness Property with Massage Room
    Spa & Wellness Property with Massage Room

    430 Quincy St, Rapid City, SD 57701

    $249,000

    Existing salon layout includes multiple service stations and a dedicated massage room.

    View details
    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 76 Potential Opportunities for your consideration. Besides 3 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

    Mixed-Animal Veterinary Medical Office
    Mixed-Animal Veterinary Medical Office

    77 MT HWY 13, Circle, MT 59215

    $695,000
    234,788 sqft

    Established veterinary facility serving both agricultural and residential communities with care capabilities for large and small animals.

    View details
    Operating Tanning Salon Business
    Operating Tanning Salon Business

    1900 CONVERSE AVE, Cheyenne, WY 82001

    $450,000
    3,293 sqft

    Established wellness business with multiple tanning formats, specialty retail products, and an existing lease extending through December 2035.

    View details
    Tanning Salon Business with Therapy Beds
    Tanning Salon Business with Therapy Beds

    1900 Converse Ave, Cheyenne, WY 82001

    $450,000
    3,293 sqft

    Operating salon with multiple tanning formats, red light therapy, spray tanning, and an established management team.

    View details
    Mixed-Animal Veterinary Center
    Mixed-Animal Veterinary Center

    77 MT HWY 13, Circle, MT 59215

    $695,000
    234,788 sqft 5.39 AC lot

    Established veterinary property serving both large and small animals, with associated real estate included.

    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.

    716 Quincy St
    DENTAL BUILDING

    716 Quincy St, Rapid City, SD 57701-4084

    Estimated value:
    $255,000
    4,702 sqft 0.16 AC lot
    View details
    5615 Nugget Gulch Rd
    DENTAL BUILDING

    5615 Nugget Gulch Rd, Rapid City, SD 57702-8349

    Estimated value:
    $575,000
    4,906 sqft 4.33 AC lot
    View details
    1687 Tablerock Rd
    DENTAL BUILDING

    1687 Tablerock Rd, Rapid City, SD 57701-5495

    Estimated value:
    $325,000
    3,897 sqft 2.33 AC lot
    View details
    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
    2020 Jackson Blvd
    MEDICAL BUILDING

    2020 Jackson Blvd, Rapid City, SD 57702-3484

    Estimated value:
    $420,000
    6,480 sqft 0.65 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
    101 Minnesota St
    MEDICAL BUILDING

    101 Minnesota St, Rapid City, SD 57701-7756

    Estimated value:
    $765,000
    18,292 sqft 1.66 AC lot
    View details
    3006 Tower Rd
    MEDICAL BUILDING

    3006 Tower Rd, Rapid City, SD 57701-5392

    Estimated value:
    $385,000
    6,190 sqft 2.00 AC lot
    View details
    3808 Sheridan Lk Rd
    MEDICAL BUILDING

    3808 Sheridan Lk Rd, Rapid City, SD 57702-5382

    Estimated value:
    $455,000
    8,213 sqft 2.30 AC lot
    View details
    720 Saint Anne St
    MEDICAL BUILDING

    720 Saint Anne St, Rapid City, SD 57701-4670

    Estimated value:
    $295,000
    2,221 sqft 0.48 AC lot
    View details
    3712 Cyn Lk Dr
    MEDICAL BUILDING

    3712 Cyn Lk Dr, Rapid City, SD 57702-3198

    Estimated value:
    $305,000
    1,868 sqft 0.69 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
    241 Minnesota St
    MEDICAL BUILDING

    241 Minnesota St, Rapid City, SD 57701-6219

    Estimated value:
    $590,000
    9,648 sqft 1.60 AC lot
    View details
    3615 5th St
    MEDICAL BUILDING

    3615 5th St, Rapid City, SD 57701-6014

    Estimated value:
    $380,000
    10,505 sqft 1.33 AC lot
    View details
    522 7Th St
    Coworking space

    522 7Th St, Rapid City, SD 57701

    Estimated value:
    by Request
    View details
    522 7Th St
    Office Units

    522 7Th St, Rapid City, SD 57701

    Estimated value:
    by Request
    0.26 AC lot
    View details
    522 7Th St
    Office Units

    522 7Th St, Rapid City, SD 57701

    Estimated value:
    by Request
    0.26 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
    330 Stumer Rd
    MEDICAL BUILDING

    330 Stumer Rd, Rapid City, SD 57701-6406

    Estimated value:
    $365,000
    6,656 sqft 0.88 AC lot
    View details
    5430 Sheridan Lk Rd
    MEDICAL BUILDING

    5430 Sheridan Lk Rd, Rapid City, SD 57702-9208

    Estimated value:
    $775,000
    6,604 sqft 1.14 AC lot
    View details

    Rapid City, SD Healthcare Properties Market Trends and Statistics

    Explore 72 healthcare properties for sale in Rapid City, SD, showcased through 3 active listings 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 $6,749,000.

    Sale prices for medical real estate in Rapid City, SD start at $249,000, averaging $2,249,666, 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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