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    Rapid City, SD Office Buildings for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Black Hawk, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD
    13 properties
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    Two-Level Professional Office Building
    Updated: Aug 24
    Two-Level Professional Office Building

    924 Quincy St, Rapid City, SD 57701

    $625,000
    4,888 sqft
    11 private offices across a two‑level professional office building
    Main level includes reception, waiting area, six offices, and mail/copy room
    Lower level features five offices, conference room, full kitchen, dining area, and storage
    On‑site parking for approximately 11 vehicles
    Detached two‑car garage with alley access and covered ramped rear entrance
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    Office Building with Parking
    Updated: May 27
    Office Building with Parking

    550 N 5th Street, Rapid City, SD 57701

    $1,700,000
    13,232 sqft
    Built in 2005, office building with 58 office suites and 2 conference rooms
    Currently 90% occupied with 4 units occupied by the current owner
    On‑site parking for 60 vehicles
    Monitored security includes internal and external motion‑detected camera system
    Outside monitored burglar alarm plus fire alarm/sprinkler system
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    Historic Two-Story Office Building
    Historic Two-Story Office Building

    728 6th St, Rapid City, SD 57701

    $735,000
    5,896 sqft

    Two-story office building with original wood finishes, leaded-glass transom windows, and an unfinished basement for storage.

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    See what stands out in Pennington County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Victorian-Style Corner Office Building
    Victorian-Style Corner Office Building

    730 SOUTH ST, Rapid City, SD 57701

    $575,000
    3,752 sqft

    Victorian office building with three finished levels, dedicated staircase, and off-street parking.

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    Historic Office Building with Upstairs Suite
    Historic Office Building with Upstairs Suite

    1204 Mt Rushmore Rd, Rapid City, SD 57701

    $284,900
    1,440 sqft

    A 1,440 SF office building with main-level office and meeting space, plus an upstairs area with its own full bath.

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    Medical Office Building with Flexible Layout
    Medical Office Building with Flexible Layout

    725 N Lacrosse Street, Rapid City, SD 57701

    $2,499,000
    24,344 sqft

    Two entrances and separate service areas support medical, administrative, and multi-tenant office configurations.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Creekside Office Building Investment Opportunity
    Creekside Office Building Investment Opportunity

    2620 Jackson Blvd, Rapid City, SD 57702

    Contact for pricing
    11,843 sqft

    Well-located office building with high occupancy and investment potential.

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    Two-Story Office Building with Parking
    Two-Story Office Building with Parking

    330 KNOLLWOOD, Rapid City, SD 57701

    $1,185,000
    5,992 sqft

    5,992 SF office building with two levels, parking for 40-plus vehicles, and updated exterior improvements.

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    Mixed-Use Building With Loading Dock
    Mixed-Use Building With Loading Dock

    510 N Cambell St, Rapid City, SD 57701

    Contact for pricing
    38,500 sqft

    General commercial zoning accommodates the existing office layout and potential retail-oriented configurations.

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    Office Building with Retail Area
    Office Building with Retail Area

    1215 MT RUSHMORE RD, Rapid City, SD 57701

    $329,900

    Flexible commercial layout combines private workspaces, customer-facing area, kitchenette, bathroom, and storage in a visible corridor setting.

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    Medical Office Building with Exam Rooms
    Medical Office Building with Exam Rooms

    3810 Jackson Blvd, Rapid City, SD 57702

    Contact for pricing

    Configured for medical operations with clinical rooms, administrative offices, and additional lower-level workspace.

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    Office Building with Open Workspace
    Office Building with Open Workspace

    1644 Concourse Dr, Rapid City, SD 57703

    Contact for pricing

    The building combines private offices, open cubicle space, and employee amenities under light industrial zoning.

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    Two-Level Office Building with ADA Access
    Two-Level Office Building with ADA Access

    1818 W FULTON, Rapid City, SD 57702

    $1,300,000

    Flexible professional space with accessibility on both floors and on-site parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

    Office Building with Full Kitchen
    Office Building with Full Kitchen

    1956 SOUTH ST, Wheatland, WY 82201

    $380,000
    5,600 sqft 0.46 AC lot

    Two office spaces feature custom cabinetry and desks, supported by a product-display area and full kitchen breakroom.

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    Two-Office Building with Kitchen
    Two-Office Building with Kitchen

    1956 South St, Wheatland, WY 82201

    $380,000
    5,600 sqft

    Built-in cabinetry, desks, a welcoming entry area, and a full kitchen define the commercial interior.

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    Updated Office Building with Apartment
    Updated Office Building with Apartment

    612 S Douglas Hwy, Gillette, WY 82716

    $730,000

    Multiple offices, 3 - 1/2 bathrooms, and on-site parking support daily operations.

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    Commercial Land with Office Building
    Commercial Land with Office Building

    6505 S Douglas Hwy, Gillette, WY 82716

    $425,000

    Commercial lot includes a 1,242 sq ft office building and fronts Highway 59.

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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.

    705 Watertown St
    OFFICE BUILDING

    705 Watertown St, Rapid City, SD 57701-1340

    $310,000
    Estimated value
    2,077 sqft 0.55 AC lot
    View details
    3975 Sturgis Rd
    OFFICE BUILDING

    3975 Sturgis Rd, Rapid City, SD 57702-0307

    $530,000
    Estimated value
    4,680 sqft 0.83 AC lot
    View details
    1711 Main St
    OFFICE BUILDING

    1711 Main St, Rapid City, SD 57702-2564

    $330,000
    Estimated value
    3,088 sqft 0.34 AC lot
    View details
    918 5th St
    OFFICE BUILDING

    918 5th St, Rapid City, SD 57701-3709

    $360,000
    Estimated value
    1,681 sqft 0.52 AC lot
    View details
    2138 Jackson Blvd
    OFFICE BUILDING

    2138 Jackson Blvd, Rapid City, SD 57702-3495

    $305,000
    Estimated value
    2,160 sqft 0.18 AC lot
    View details
    1828 Kansas City St
    OFFICE BUILDING

    1828 Kansas City St, Rapid City, SD 57702-2516

    $310,000
    Estimated value
    3,901 sqft 0.32 AC lot
    View details
    2501 Chicago St
    OFFICE BUILDING

    2501 Chicago St, Rapid City, SD 57702-2471

    $370,000
    Estimated value
    6,300 sqft 0.56 AC lot
    View details
    1516 Fountain Plz Dr
    OFFICE BUILDING

    1516 Fountain Plz Dr, Rapid City, SD 57702-9314

    $2,555,000
    Estimated value
    16,382 sqft 2.79 AC lot
    View details
    2920 Main St
    OFFICE BUILDING

    2920 Main St, Rapid City, SD 57702-8134

    $645,000
    Estimated value
    6,240 sqft 0.43 AC lot
    View details
    823 En St
    OFFICE BUILDING

    823 En St, Rapid City, SD 57701

    $305,000
    Estimated value
    2,034 sqft 0.63 AC lot
    View details
    2330 Maple Ave
    OFFICE BUILDING

    2330 Maple Ave, Rapid City, SD 57701-7894

    $1,935,000
    Estimated value
    22,788 sqft 2.10 AC lot
    View details

    Rapid City, SD Office Buildings Market Trends and Statistics

    Explore 72 office buildings for sale in Rapid City, SD, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 109,887 square feet of properties for sale, with an estimated market value of $9,233,800.

    Sale prices for office properties in Rapid City, SD start at $284,900, averaging $1,025,977, and reaching up to $2,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 18
    Office buildings 15
    Medical Office Space 5

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57701 $1.1M
    57702 $1.3M

    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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