Multi-Tenant Office Building in Rapid
2001 7th Street, Rapid City, SD 57701
CI Land w/Building - Rapid City, SD
Property size:
4,662 SFLot size:
0.32 AcresPrice / SF:
$128/SF- Added:
- Apr 14, 2026
- Days on Market:
- 37
- Last Refresh:
- May 20 at 2:06 am
Property Features for 2001 7th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Parking Lot, Paved or Surfaced
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 4,662 SF
- Lot size
- 0.32 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Architectural style
- Other
Listing agent Christopher Long (605) 343-7500
Listing office Keller Williams Realty Black Hills RC 2401 W Main Street, Rapid City, SD (605) 343-7500
Listing date Apr 14, 2026
MLS# 88189
Listing URL
Copyright © 2026 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.
HighLights
- In‑place income from two existing tenants (PT‑OT and Hearing Solutions).
- Recent capital improvements totaling over $139,000 including a new roof and parking lot.
- Central Rapid City location near Mount Rushmore Road and St. Patrick Street.
- Opportunity to increase income by leasing the vacant 720 SF suite ($1,400/month, utilities included).
- Potential for owner to sign a master lease for the full property for two years.
- Flexible layout suitable for multi‑tenant use or a single, larger user.
Overview
This multi-tenant office property is located in a central Rapid City location, just off Mount Rushmore Road near St. Patrick Street. The building has a total area of 4,482 square feet and is divided into three suites. Two suites are currently occupied by tenants, PT-OT and Hearing Solutions. One suite, comprising 720 square feet, is currently vacant and offered for lease at $1,400 per month, including utilities. The layout includes a mix of private offices and open work areas, making it suitable for either multi-tenant use or a single, larger user. The building features three separate entrances, including one that is ADA-accessible. A basement level provides additional storage and utility space. Recent capital improvements totaling over $139,000 have been made, including a new roof, parking lot asphalt, and mechanical updates. The property is situated on a 0.32-acre lot. The owner is willing to sign a master lease for the full property for two years, if desired, creating a clear path to increasing income or accommodating an owner-user.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
PT-OT Professionals
Physician
Active At Any Age ...
Gym & Fitness Center
Cassandra Garver
Physician
Mr. Karl Kirsch
Physician
Kelly Chocholousek
Physician
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.2304811
- Latitude
- 44.0663507
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Multi-tenant office property with income potential in central Rapid City.
Where is this office building located?
The property is located at 2001 7th Street Rapid City, SD.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: In‑place income from two existing tenants (PT‑OT and Hearing Solutions).; Recent capital improvements totaling over $139,000 including a new roof and parking lot.; Central Rapid City location near Mount Rushmore Road and St. Patrick Street.
