409 East Fairlane Drive Rapid City, SD 57701
Assisted living facility with expansion potential in Rapid City, SD.
Type:Healthcare
Property size:
44,150 SFLot size:
1.91 Acres- Added:
- Mar 25, 2026
- Days on Market:
- 10
- Last Refresh:
- Mar 18 at 8:59 am
Property Features for 409 East Fairlane Drive
General Information
- Standard status
- Active
- Size
- 44,150 SF
- Lot size
- 1.91 Acres
- Property subtype
- Healthcare
Listing agent Chessa Pike
Listing office (917) 280-6612
Listing date Mar 25, 2026
Source Cbre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Chessa Pike
Overview
Assisted Living Facility For Sale
The property at 409 East Fairlane is currently operated as an assisted living facility, but it is suitable for multiple alternative uses. The property consists of four separate buildings on 3 acres, offering ample room for expansion. The independent building setup allows for various patient populations to co-locate within the facility. There are currently 64 beds available, comprised of 4 different floor plans. Most beds are single occupancy, with some dual-occupancy options. The property offers amenities such as community living space and common areas, activity and game rooms, a full-service hair salon, computer areas, laundry facilities, and a community clubhouse. The property is located in Rapid City, the second most populous city in South Dakota and the county seat of Pennington County. Rapid City is located on the Black Hills’ eastern slope. The property has a size of approximately 44,150 square feet and sits on approximately 1.91 acres.
Location Intelligence
Current Use by Public Records
Fairmont Grand Senior ...
Nursing Home
Fairmont Grand
Association Or Organization
Similar Places Nearby
- Edgewood Rapid City — 4001 Derby Ln, Rapid City, SD 57701
- Black Hills Works Hampton Apartments — 3922 Hampton Ct, Rapid City, SD 57701
- Morningstar Assisted Living — 4120 Winfield Ct, Rapid City, SD 57701
- Yackley Evelyn — 255 Texas St, Rapid City, SD 57701
- Black Hills Works Wisconsin Apartments — 4049 Wisconsin Ave, Rapid City, SD 57701
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.2092223
- Latitude
- 44.0556356
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - Assisted living facility with expansion potential in Rapid City, SD.
Where is this assisted living facility located?
The property is located at 409 East Fairlane Drive Rapid City, SD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 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.
