High-Visibility Multi-Tenant Office
For Sale
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4447 S Canyon Rd, Rapid City, SD 57702
Multi-suite office property with recent unit remodeling and a resurfaced parking lot as of 2021.
Property Size12,477 SF
Days on Market122
Property Features for 4447 S Canyon Rd
General Information
Standard status
Active
Size
12,477 SF
Property subtype
Office
Building Details
Tenancy
Multi
Listing Agency:
Sun Real Estate
Listed By:
Bobby Sundby, CCIM · License #SD11208
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 2:29PM
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 Sun Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant office building includes multiple individually configured suites. According to the listing, one unit has been remodeled and another unit is being remodeled in September. The property features main-floor space totaling 10,087 square feet plus 2,390 square feet in the basement under Unit 6. At the time of listing, all suites were rented except Unit 6, which was vacant.
The building is described as being on the west side of Rapid City in a high-visibility corner location at 44th and W Chicago. Parking was resurfaced in 2021, and the listing notes landscaping and flowers in the right of way.
Rental information provided for the suites at time of listing includes Suite 1 ($1,100 per month, includes utilities), Suite 2 ($900 per month, includes utilities), Suites 3/4 together ($1,100 per month, pays own utilities), Suite 5 ($1,300 per month, pays own utilities), Suite 6 ($4,875 per month, includes utilities and was vacant), and Suite 7 ($975 per month, pays own utilities).
The building is described as being on the west side of Rapid City in a high-visibility corner location at 44th and W Chicago. Parking was resurfaced in 2021, and the listing notes landscaping and flowers in the right of way.
Rental information provided for the suites at time of listing includes Suite 1 ($1,100 per month, includes utilities), Suite 2 ($900 per month, includes utilities), Suites 3/4 together ($1,100 per month, pays own utilities), Suite 5 ($1,300 per month, pays own utilities), Suite 6 ($4,875 per month, includes utilities and was vacant), and Suite 7 ($975 per month, pays own utilities).
Key Highlights
- Appraised for $1,315,000 in 2019; one unit remodeled and another unit being remodeled in September.
- 7‑suite income‑producing property on the west side of Rapid City; all suites rented except one (Suite 6 vacant at listing).
- Rents (incl. units and utilities per suite): Suite 1 $1,100/mo incl utils; Suite 2 $900/mo incl utils; Suites 3/4 $1,100/mo (pays own utils).
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
Demographics for 57702, SD
33,162
Population
16,786
Households
2
Avg Household Size
46
Median Age
48%
College-Educated
98%
High-School Grad
285.8 sq mi
ZIP Area
116
Density / Sq Mi
$85,700
Median Household Income
$44,214
Median Earnings
$1,209
Median Rent
$341,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Multi-suite office property with recent unit remodeling and a resurfaced parking lot as of 2021.
Where is this office units located?
The property is located at 4447 S Canyon Rd Rapid City, SD.
What are key features of this property?
This property features: Appraised for $1,315,000 in 2019; one unit remodeled and another unit being remodeled in September.; 7‑suite income‑producing property on the west side of Rapid City; all suites rented except one (Suite 6 vacant at listing).; Rents (incl. units and utilities per suite): Suite 1 $1,100/mo incl utils; Suite 2 $900/mo incl utils; Suites 3/4 $1,100/mo (pays own utils).
