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Multi-Unit Flex Space
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635 655 675 Creek Drive, Rapid City, SD 57703

Three buildings provide office and heated industrial space with overhead doors, bathrooms, parking, and tenant signage.

Property Size12,856 SF
Lot Size1.14 Acres
Days on Market144

Property Features for 635 655 675 Creek Drive

General Information

Standard status Active
Size 12,856 SF
Lot size 1.14 Acres
Property subtype Industrial

Additional Details

Office Units 7

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Coldwell Banker Black Hills Legacy
Listed By: Lisa Mueller · License #13295
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 4:26PM

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 Coldwell Banker Black Hills Legacy

Investment Insights

Based on property information with market context.

The property comprises three buildings with seven total units totaling 12,856 square feet on a 1.14-acre corner lot. One unit is configured as office space with a bathroom, while the remaining six combine offices, bathrooms, overhead doors, and heated industrial or warehouse areas with drains. Two units include two overhead doors, and the largest unit has a finished lot area that can support additional office or storage use.

Exterior improvements include paint completed in Summer 2022 and high-impact shingles on the roofs. The site offers on-site and supplemental tenant parking, along with signage for occupants. Ownership currently provides trash, water, sewer, snow removal, and lawn care or weed spraying.

Key Highlights

  • Three buildings with 7 total units and 12,856 sq ft of combined building area
  • Situated on a 1.14 acre corner lot
  • Six units include offices, bathrooms, overhead doors, and heated industrial/warehouse space

Property Analytics

Current Use

Warpaint Ink (Bike/Boat/Book/etc) Store Black Hills Open-Top-Tours Travel Agency Black Hills Awards ... Engraver Rapid Claims Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby
Balanced
Demand for This Use

Demographics for 57703, SD

16,933
Population
7,476
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
92%
High-School Grad
129.8 sq mi
ZIP Area
130
Density / Sq Mi
$84,495
Median Household Income
$41,342
Median Earnings
$1,394
Median Rent
$250,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Three buildings provide office and heated industrial space with overhead doors, bathrooms, parking, and tenant signage.
Where is this flex space located?
The property is located at 635 655 675 Creek Drive Rapid City, SD.
What are key features of this property?
This property features: Three buildings with 7 total units and 12,856 sq ft of combined building area; Situated on a 1.14 acre corner lot; Six units include offices, bathrooms, overhead doors, and heated industrial/warehouse space
More about this property
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