Live - Work Space

Rapid City, SD Live-work Space for Sale

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Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD
Mixed-Use Property with On-Site Residence
Updated: Mar 28
Mixed-Use Property with On-Site Residence

157 W N Main St & 502 Maple Ave, Rapid City, SD 57701

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10,256 sqft 0.38 AC lot
Two‑building mixed‑use property on a 0.38‑acre parcel
8,464 sq ft commercial building leased to long‑term tenants
Updated 1,792 sq ft residence with 3 bedrooms and 2 bathrooms
Residence includes a full basement and 1‑car garage
General Commercial zoning applies to both buildings
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See hot listings in Rapid City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Level Mixed-Use Property
Two-Level Mixed-Use Property

1324 Main Street, Sturgis, SD 57785

$1,500,000
6,460 sqft

Main-level commercial space combines with an upstairs residential layout, kitchen, laundry room, and covered deck.

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Mixed-Use Property with Steel Building
Mixed-Use Property with Steel Building

1011 W 3rd Street, Alliance, NE 69301

$400,000
5,000 sqft 0.32 AC lot

Two-level property combines commercial space, living quarters, and an accessory steel building.

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Live-Work Space with Studio Apartment
Live-Work Space with Studio Apartment

1003 West 3rd Street, Alliance, NE 69301

Contact for pricing
7,000 sqft

Corner property combines open commercial space, a studio apartment, and an attached garage.

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Storefront Property with Loft
Storefront Property with Loft

815 Junction Ave, Sturgis, SD 57785

$1,500,000

Remodeled commercial building with showroom, office, storage, and live-work functionality near a major Sturgis intersection.

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Off-Market Properties in Rapid City, SD

Consider similar Off-Market properties in Rapid City, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4110 Cyn Lk Dr
OFFICE/RESIDENTIAL (MIXED USE)

4110 Cyn Lk Dr, Rapid City, SD 57702-3152

Estimated value:
$270,000
620 sqft 0.64 AC lot
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Rapid City, SD Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 10,256 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 11
Office buildings 7
Medical Office Space 3

Demographics Overview

Population 99K
Population Growth (5Y) +3.2%
Median Household Income $70,356
College Educated 33.1%

Taxes & Financing

Tax Rate (average for all types) 1.36%
Property Tax per SF $31.57 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pennington County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Pennington County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Rapid City fall within the 10,000 to 25,000 square foot range.

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