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Property profile & analytics
FOR SALE
Bars & Pubs

406 5Th St Rapid City, SD 57701

13,197 SF
Property ID
US79-Q001729
Property summary
AI-generated overview

Prime downtown Rapid City commercial opportunity in the heart of the fastest-growing market in the region. This multi-tenant property offers exceptional flexibility for investors, operators, and developers seeking a high-visibility location with average traffic counts of nearly 17, 500 vehicles per day. The building supports a wide range of existing and future uses, including: Restaurant / Bar, Retail, Entertainment venue, Indoor/outdoor multimedia event center, Office, Residential & Storage. The iconic tower—long recognized as a local advertising beacon for over 100 years—remains undeveloped, offering a rare opportunity to add new leasable square footage or create a signature branding feature visible throughout downtown. Also available for purchase or lease is the existing operating business, which includes: Liquor license, Video lottery license, Restaurant/bar FF&E. This is a unique chance to acquire a versatile downtown asset with multiple income streams and significant upside potential. Call today to schedule a private tour and explore the full scope of this opportunity. Listed by Tony Marshall, CINC Realty, [email protected].

Property profile
Verified
Property type Bars & Pubs
Total area 13,197 SF
UPID US79-Q001729
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aby's Rapid City Bar & Pub
  • Black Hills Party Pedaler Bar & Pub
  • DrumSong Media IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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