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    701 Main St Rapid City, SD 57701

    Sponsored
    For Lease
    $146 SF/Yr

    Downtown Rapid City Office Space - 1570 sq ft

    Lot size:
    1,570 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office space, located at 701 Main Street, Suites 207 & 209 in Rapid City, South Dakota, offers 1,570 square feet of versatile commercial space. The property is situated in the heart of the Central Business district, providing excellent visibility and accessibility. The suite features multiple offices and conference rooms, ideal for a variety of business needs. This single-tenant space is perfect for traditional office use, executive offices, coworking setups, medical practices, or creative businesses. Convenient sidewalk-level entry and elevator access ensure easy client access. The building sits on a 0.4-acre lot. The monthly lease rate is $1,600, plus utilities. Square footage is based on county equalization data. This prime location in Pennington County, zip code 57701, offers unparalleled convenience and exposure within Rapid City's thriving downtown area. The property's zoning designation is Central Business, reflecting its strategic location and suitability for a range of commercial uses. This is a fantastic opportunity to secure a well-appointed office space in a highly desirable location. Contact us today to schedule a viewing.

    Property Features for 701 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,570 SF

    Unit(s) available at that property

    Space
    Size
    1,570 SF
    Rate per SF
    $146

    HighLights

    • 1,570 SF of versatile office space in Rapid City, SD.
    • Located in the Central Business District with excellent visibility and accessibility.
    • Features multiple offices and conference rooms, suitable for various business types.
    • $1,600/month lease rate, plus utilities.
    • Convenient sidewalk‑level and elevator access.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Stop Gun ... Gun Shop Mt Rushmore Wildlife ... Animal Control Service Lyndon B. Johnson Tourist Attraction President Lyndon B. ... Tourist Attraction

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.22881618701
    Latitude
    44.081385457686

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    FAQs

    What type of property is this?
    Office space - Downtown Rapid City Office Space - 1570 sq ft
    Where is this office space located?
    The property is located at 701 Main St Rapid City, SD.
    What is the lease rate?
    The lease rate is $146 SF/Yr.
    What are key features of this property?
    This property features: 1,570 SF of versatile office space in Rapid City, SD.; Located in the Central Business District with excellent visibility and accessibility.; Features multiple offices and conference rooms, suitable for various business types.
    Request Owner's contact information
    701 Main St Rapid City, SD 57701
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    Rapid City, SD 57701
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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
    701 Main St Rapid City, SD 57701
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