South Dakota Medical Office Space for sale

Updated: Apr 10

Rapid City Professional Office Building

625 Flormann Street, Rapid City, SD 57701

$995,000

5,527 sqft · 0.56 AC lot

Prime location near Rapid City's established medical corridor, off Mount Rushmore Road.
Configured for medical, counseling, or service‑based use with reception, waiting area, and eight private offices.
Recent full interior remodel (2019) and basement renovation (2023).
Finished 1,494 SF basement provides flexible workspace and storage.
Security features include key card access, surveillance, and a secured vault.

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This listing looks promising.

Here's a quick look at some key insights for

625 Flormann Street, Rapid City, SD 57701

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Est. Cap Rate

6.4%
Above avg (5.9%)
Est. NOI

$64K
Annual
Price @ 7% Cap

$910K
Suggested
Property Type

Office Building
Built 2001

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Updated: Oct 20, 2025

Renovated Commercial Building in Spearfish

747 Ames Avenue, Spearfish, SD 57783

$998,500

2,400 sqft · 0.16 AC lot

High‑visibility and high‑traffic location in the heart of Spearfish.
Newer (built in 2007), completely renovated commercial building.
Currently has tenants in place (chiropractic office and spa) providing immediate investment income.
Luxurious spa and chiropractic office layout with 5 offices and 2 bathrooms.
Renovations include new windows, luxury vinyl flooring, maintenance‑free siding, and quality Malarkey Legacy shingles.

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Sioux Falls Adaptable Commercial Building

4800 N 4th Ave, Sioux Falls, SD 57104

$2,250,379

49,424 sqft

49,424 SF vacant building suitable for daycare, medical, or office.

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Rapid City Medical Corridor Property

625 Flormann St, Rapid City, SD

$1,049,000

5,527 sqft · 0.57 AC lot

Single tenant NNN investment property in Rapid City medical corridor.

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Aberdeen Office/Medical Building For Sale

1500 N Main St, Aberdeen, SD 57401

$1,500,000

19,600 sqft · 1.95 AC lot

Office/medical building on former Presentation College campus with ample parking.

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Dakota Dunes Office Condo

383 W Steamboat Dr, Dakota Dunes, SD 57049

$395,000

2,800 sqft

2,800 SF office condo, currently a dental office.

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Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 6 Active listings in South Dakota, we suggest exploring several alternatives: similar 66 Off-Market properties to explore as potential leads

Off-Market Properties in South Dakota

Consider similar Off-Market properties in South Dakota. 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.

MEDICAL BUILDING

6301 41st St, Sioux Falls, SD 57106-1217

$2,000,000

Estimated value

3,108 sqft · 0.35 AC lot

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DENTAL BUILDING

101 37th St, Sioux Falls, SD 57105-5701

Value Estimation by Request

11,259 sqft · 1.60 AC lot

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DENTAL BUILDING

2600 Western Ave, Sioux Falls, SD 57105-4429

Value Estimation by Request

2,948 sqft · 0.23 AC lot

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DENTAL BUILDING

2301 Lorraine Pl, Sioux Falls, SD 57106-3642

Value Estimation by Request

1.66 AC lot

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MEDICAL BUILDING

809 Belfast St, Yankton, SD 57078-3324

Value Estimation by Request

2,482 sqft · 0.30 AC lot

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DENTAL BUILDING

1700 Southeastern Ave, Sioux Falls, SD 57103-3227

$610,000

Estimated value

12,664 sqft · 1.65 AC lot

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MEDICAL BUILDING

2001 Broadway Ave, Yankton, SD 57078-2032

Value Estimation by Request

2,000 sqft · 0.23 AC lot

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DENTAL BUILDING

2300 Westlake Dr, Sioux Falls, SD 57106-8527

Value Estimation by Request

10,612 sqft · 1.05 AC lot

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MEDICAL BUILDING

3805 Kiwanis Cir, Sioux Falls, SD 57105-4266

$900,000

Estimated value

4,686 sqft · 0.69 AC lot

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DENTAL BUILDING

1710 Southeastern Ave, Sioux Falls, SD 57103-3381

$800,000

Estimated value

3,929 sqft · 0.45 AC lot

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MEDICAL BUILDING

920 Broadway Ave, Yankton, SD 57078-3532

$1,040,000

Estimated value

25,256 sqft · 1.09 AC lot

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DENTAL BUILDING

2521 Western Ave, Sioux Falls, SD 57105-3430

Value Estimation by Request

2,146 sqft · 0.14 AC lot

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DENTAL BUILDING

4001 Southeastern Ave, Sioux Falls, SD 57103-5305

Value Estimation by Request

3,236 sqft · 0.54 AC lot

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DENTAL BUILDING

Sioux Falls, SD 57106

Value Estimation by Request

8.27 AC lot

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DENTAL BUILDING

2701 Fox Run Pkwy, Yankton, SD 57078-5350

Value Estimation by Request

3,016 sqft · 0.50 AC lot

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DENTAL BUILDING

811 Belfast St, Yankton, SD 57078-3324

Value Estimation by Request

1,868 sqft · 0.30 AC lot

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DENTAL BUILDING

106 31st St, Yankton, SD 57078-4849

Value Estimation by Request

4,327 sqft · 1.07 AC lot

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DENTAL BUILDING

716 Quincy St, Rapid City, SD 57701-4084

Value Estimation by Request

4,702 sqft · 0.16 AC lot

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South Dakota Medical Office Space Market Trends and Statistics

Explore 72 medical office space for sale in South Dakota, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 84,624 square feet of properties for sale, with an estimated market value of $9,517,879.

Sale prices for medical spaces in South Dakota start at $395,000, averaging $1,189,734, and reaching up to $2,250,379 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.