Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1002 W Main St Rapid City, SD 57701

    For Lease
    $1.00 SF/Yr ($500 /Mo)

    Leasehold-Land/Bldg/Both - Rapid City, SD

    Property size:
    6,000 SF
    Lot size:
    0.74 Acres
    Days on Market:
    215
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 1002 W Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot, Paved or Surfaced
    Interior features
    High Visibility
    Size
    6,000 SF
    Lot size
    0.74 Acres

    Building Details

    Year built
    2025
    Floors in Building
    2
    Architectural style
    Other

    Keller Williams Realty Black Hills (605) 343-7500 [email protected]

    Listing agent Christopher Long (605) 343-7500

    Listing date May 13, 2025

    MLS# 84394 Listing URL

    Copyright © 2025 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Rapid City Corner Opportunity

    This build-to-suit lease opportunity is situated at the signalized intersection of West Boulevard and West Main Street, a highly visible corner in Rapid City. The property, located on a 0.74-acre lot at the entrance to the west side and next to the growing central business district, offers access and exposure directly off the I-90 exit. The owner provides $350 per square foot for building and site costs at the advertised lease rate, with tenants responsible for additional business-specific finishes and build-out expenses. The site plan allows for flexible building options, including up to 3,000 square feet for restaurant or food service use, or up to 6,000 square feet (two-story) for standard retail or office use. With 35 dedicated parking stalls and excellent visibility, this location is suitable for tenants seeking a presence in one of Rapid City’s commercial corridors. The location benefits from a daily traffic count of 32,841.
    Property Profile Location Intelligence

    Current Use by Public Records

    Automatic Vendors Amusement Machine Supplier

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.235237
    Latitude
    44.082525

    Nearby Similar for Lease

    • $1.00 SF/Yr
      5,600 SF

      Class A Office Space

      Move-in ready office space on Mt Rushmore Road.
      1220 Mt. Rushmore Rd, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
      182,081 SF

      Rapid City Retail/Warehouse Space

      Corner suite with retail showroom and expansive warehouse space.
      2255 Haines Ave, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
      2,634 SF

      Creekside Professional Office Space

      Office space in well-maintained business park near amenities.
      2620 Jackson Blvd, Rapid City, SD 57702
      View Details
    • $1.00 SF/Yr
      477,853 SF

      Class A Retail Suite

      Remodeled retail suite with high traffic and ample parking.
      36 E Stumer Rd, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
      2,160 SF

      Rapid City Warehouse Storage Space

      2,160 SF shop or warehouse space for lease.
      2050 N Deadwood Ave, Rapid City, SD 57702
      View Details
    • $1.00 SF/Yr
      4,800 SF

      Rapid City Shop Space For Lease

      4800 sq ft shop space with high clearance and heated.
      2044 N Deadwood Ave, Rapid City, SD 57702
      View Details

    FAQs

    What type of property is this?
    Retail space - High-traffic location suitable for retail, restaurant, or office use.
    Where is this retail space located?
    The property is located at 1002 W Main St Rapid City, SD.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at a signalized intersection (West Blvd and West Main Street) with 32,841 daily traffic count.; - Excellent visibility and access directly off the I-90 exit.; - Flexible building options: up to 3,000 SF for restaurant/food service or up to 6,000 SF (two-story) for retail/office.
    (605) 343-7500
    Request Owner's contact information
    1002 W Main St Rapid City, SD 57701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1002 W Main St
    Rapid City, SD 57701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1002 W Main St Rapid City, SD 57701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.