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    7201 Mt. Rushmore Rd Rapid City, SD 57702

    For Sale
    Contact for pricing

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

    Property size:
    3,315 SF
    Lot size:
    3.37 Acres
    Days on Market:
    209
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 7201 Mt. Rushmore Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    3,315 SF
    Lot size
    3.37 Acres

    Building Details

    Year built
    2022
    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# 74279 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

    Rapid City Retail/Office Opportunity

    Located at Hwy 16 & Catron, this property features the historic Stamper Gold Factory, which is being converted to multi-unit retail and office spaces. The north end is suited for a brewery, taproom, or restaurant, with a planned outdoor seating area. The building retains its original character with tongue & groove ceilings and wood beams, offering views of the Black Hills skyline. Planned improvements include a new façade with an interior boardwalk and common area restrooms. The location is positioned to capture summer tourist traffic and build a year-round clientele in the growing south Rapid City market. The 3.37-acre property is situated in Rapid City's hottest submarket, with the development of three high-density apartment complexes in 2020-2021, new major medical facilities, hotels, and the BH Energy headquarters. The property offers 3315 square feet of living area. Endcaps lease for $20.00/SF/YR plus NNN & utilities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.251764
    Latitude
    44.014991

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    FAQs

    What type of property is this?
    Retail space - Historic building conversion to retail and office spaces available now.
    Where is this retail space located?
    The property is located at 7201 Mt. Rushmore Rd Rapid City, SD.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - Ideal location for brewery/taproom or restaurant with planned outdoor seating and stunning Black Hills views.; - High-traffic location on Hwy 16, perfect for capturing summer tourist traffic and building a year-round clientele.; - Located in Rapid City's hottest submarket experiencing rapid growth with new apartments, medical facilities, and the BH Energy headquarters.
    (605) 343-7500
    Request Owner's contact information
    7201 Mt. Rushmore Rd Rapid City, SD 57702
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    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
    7201 Mt. Rushmore Rd Rapid City, SD 57702
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