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    Rapid City, SD Office Spaces for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    13 properties
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    Flex Space with Secure Yard
    Updated: Aug 27
    Flex Space with Secure Yard

    1711 Centre St, Rapid City, SD 57703

    $2,200,000
    6,638 sqft 4.37 AC lot
    4.37‑acre property arranged as three separate plated parcels
    Light Industrial zoning
    Heated warehouse, shop, and garage areas
    Office areas, restrooms, and mezzanine breakroom renovated in early 2026
    Large gravel parking and staging area with partial fencing
    View details
    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
    View details
    Office Building with Parking
    Office Building with Parking

    550 N 5th Street, Rapid City, SD 57701

    $1,700,000
    13,232 sqft

    Office building offers 58 suites, 2 conference rooms, and 60 onsite parking spaces, with monitored security and alarms.

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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
    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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    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.

    View details
    Multi-Tenant Flex Business Park
    Multi-Tenant Flex Business Park

    5626 Fargo Ln, Rapid City, SD

    $3,149,000
    17,400 sqft

    Conventional construction, heated zero-entry entrances, rear access, and separate utility metering support practical commercial operations.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Mixed-Use Property with On-Site Residence
    Mixed-Use Property with On-Site Residence

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

    Contact for pricing
    10,256 sqft 0.38 AC lot

    Commercial zoning supports a two-building configuration with an existing lease and on-site parking.

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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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    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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    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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    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.

    View details
    Based on your search, we've compiled 79 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, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Sturgis Commercial Property Near I-90
    Sturgis Commercial Property Near I-90

    2460 S Baldwin St, Sturgis, SD 57785

    $595,000
    5,000 sqft 3.00 AC lot

    Versatile 5,000 sq ft commercial building on 3 acres.

    View details
    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.

    View details
    Renovated Historic Office Building
    Renovated Historic Office Building

    201 W Main Street, Lead, SD 57754

    Contact for pricing

    Renovated office interiors include private rooms, an open suite configuration, restrooms, and separate entrances.

    View details
    Mixed-Use Property with Office Space
    Mixed-Use Property with Office Space

    815 W Main Street, Lead, SD 57754

    Contact for pricing

    Street-level office and retail space is paired with a renovated lower-level one-bedroom apartment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Land
    Corner Commercial Land

    Stumer Road, Rapid City, SD 57701

    $574,992
    1.11 AC lot

    General Commercial zoning supports retail, restaurant, office, and service-oriented development.

    View details
    Commercial Land Near Air Force Base
    Commercial Land Near Air Force Base

    550 N Ellsworth Road, Box Elder, SD 57719

    $800,000
    4.07 AC lot

    General commercial zoning with electric service extended to the lot line.

    View details
    Downtown Corner Commercial Land
    Downtown Corner Commercial Land

    Mt. Rushmore Road, Custer, SD 57730

    $299,000
    0.34 AC lot

    Vacant, build-ready lots with city services occupy a signalized intersection in Custer.

    View details

    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
    716 Quincy St
    DENTAL BUILDING

    716 Quincy St, Rapid City, SD 57701-4084

    $255,000
    Estimated value
    4,702 sqft 0.16 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
    5615 Nugget Gulch Rd
    DENTAL BUILDING

    5615 Nugget Gulch Rd, Rapid City, SD 57702-8349

    $575,000
    Estimated value
    4,906 sqft 4.33 AC lot
    View details
    1687 Tablerock Rd
    DENTAL BUILDING

    1687 Tablerock Rd, Rapid City, SD 57701-5495

    $325,000
    Estimated value
    3,897 sqft 2.33 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

    Rapid City, SD Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Rapid City, SD, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 105,681 square feet of properties for sale, with an estimated market value of $14,582,800.

    Sale prices for office spaces in Rapid City, SD start at $284,900, averaging $1,325,709, and reaching up to $3,149,000 — 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 14
    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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    Most Searched ZIP Codes in Rapid City, SD

    • 57701
    • 57702
    • 57703

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