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    Rapid City, SD Office Spaces for Sale

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    Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Hermosa, SD Silver City, SD Hill City, SD
    7 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
    Medical Office with Private Rooms
    Updated: Oct 2
    Medical Office with Private Rooms

    331 Knollwood Dr, Rapid City, SD 57701

    $770,000
    3,440 sqft 0.52 AC lot
    3,440‑square‑foot building on 0.52 acres
    19 paved on‑site parking spaces
    Multiple private rooms with built‑in cabinetry and counter space
    320‑amp main electrical service
    Illuminated sign visible from I‑90; corridor traffic count is 38,599 vehicles per day (2025 Rapid City Traffic Count)
    View details
    Office Building with Parking
    Office Building with Parking

    550 N 5TH ST, 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.

    View details
    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
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    Historic Two-Story Office Building
    Historic Two-Story Office Building

    728 6th St, Rapid City, SD 57701

    $699,000
    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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    Multi-Level Office Building
    Multi-Level Office Building

    328 E New York St, Rapid City, SD 57701

    $375,000
    3,102 sqft

    Office property with multiple suites, private offices, storage areas, reception space, and on-site parking.

    View details
    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.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    View details
    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 7 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    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.

    View details
    Flexible Commercial Space
    Flexible Commercial Space

    2221 Lazelle St, Sturgis, SD 57785

    $599,000

    Reception-oriented layout with office areas, a tiled main entry, restroom, and substantial asphalt parking.

    View details
    Two-Building Mixed-Use Property
    Two-Building Mixed-Use Property

    403 Glendale Drive, Lead, SD 57754

    $319,000

    One structure offers office space, while the other is furnished as a one-bedroom residence.

    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

    Estimated value:
    $310,000
    2,077 sqft 0.55 AC lot
    View details
    716 Quincy St
    DENTAL BUILDING

    716 Quincy St, Rapid City, SD 57701-4084

    Estimated value:
    $255,000
    4,702 sqft 0.16 AC lot
    View details
    3975 Sturgis Rd
    OFFICE BUILDING

    3975 Sturgis Rd, Rapid City, SD 57702-0307

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

    1711 Main St, Rapid City, SD 57702-2564

    Estimated value:
    $330,000
    3,088 sqft 0.34 AC lot
    View details
    5615 Nugget Gulch Rd
    DENTAL BUILDING

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

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

    1687 Tablerock Rd, Rapid City, SD 57701-5495

    Estimated value:
    $325,000
    3,897 sqft 2.33 AC lot
    View details
    918 5th St
    OFFICE BUILDING

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

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

    2138 Jackson Blvd, Rapid City, SD 57702-3495

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

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

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

    2501 Chicago St, Rapid City, SD 57702-2471

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

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

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

    2920 Main St, Rapid City, SD 57702-8134

    Estimated value:
    $645,000
    6,240 sqft 0.43 AC lot
    View details
    2020 Jackson Blvd
    MEDICAL BUILDING

    2020 Jackson Blvd, Rapid City, SD 57702-3484

    Estimated value:
    $420,000
    6,480 sqft 0.65 AC lot
    View details
    823 En St
    OFFICE BUILDING

    823 En St, Rapid City, SD 57701

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

    2330 Maple Ave, Rapid City, SD 57701-7894

    Estimated value:
    $1,935,000
    22,788 sqft 2.10 AC lot
    View details
    21 Omaha St
    OFFICE BUILDING

    21 Omaha St, Rapid City, SD 57701-2933

    Estimated value:
    $775,000
    5,080 sqft 0.51 AC lot
    View details
    3615 Cyn Lk Dr
    OFFICE BUILDING

    3615 Cyn Lk Dr, Rapid City, SD 57702-2630

    Estimated value:
    $465,000
    3,728 sqft 0.45 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 7 active listings on our real estate platform. These investment opportunities span a total of 66,908 square feet of properties for sale, with an estimated market value of $8,243,000.

    Sale prices for office properties in Rapid City, SD start at $375,000, averaging $1,373,833, 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 9
    Office buildings 5
    Medical Office Space 4

    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 $1.3M
    57702 $1.4M
    57703 $2.2M

    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%

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Rapid City, SD

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    Most Searched ZIP Codes in Rapid City, SD

    • 57701
    • 57703

    Featured Rapid City Real Estate Agencies

    Realmo connects you with licensed Rapid City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    NorthStar Realty
    4751 Westridge Road Rapid City, SD 57702
    Phone: (970) 371-4489
    shanare.com
    VIP Properties, LLC
    909 Saint Joseph St. 7th Floor Rapid City, SD 57701
    Phone: (605) 716-4847
    www.vipproperties.com/
    Keller Williams Realty Black Hills
    2401 Main Street Rapid City, SD 57702
    Phone: (605) 343-7500
    Why this one?
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