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    Rapid City, SD
    Restaurants

    Rapid City, SD Restaurants for Sale

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    Summerset, SD Black Hawk, SD Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Multi-Use Downtown Commercial Building
    Updated: Apr 24
    Multi-Use Downtown Commercial Building

    406 5th St, Rapid City, SD 57701

    $1,399,900
    13,197 sqft
    Multi‑tenant commercial property in downtown Rapid City on 5th St
    Average traffic counts nearly 17,500 vehicles per day
    Building supports multiple uses: restaurant/bar, retail, entertainment, event center, office, residential & storage
    Includes the existing operating business: liquor license, video lottery license, and restaurant/bar FF&E
    Iconic tower has remained undeveloped, offering potential for adding new leasable square footage or a visible branding feature
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    Turnkey Restaurant Building with Parking
    Updated: Jul 13
    Turnkey Restaurant Building with Parking

    2315 MT RUSHMORE RD, Rapid City, SD 57701

    Contact for pricing
    11,085 sqft
    11,085 SF turnkey restaurant building at 2315 Mt Rushmore Rd in Rapid City, SD
    Includes liquor license and FF&E; operating business not included
    Full‑service layout with commercial kitchen, bar, dining areas, bakery production space, and storage
    Mezzanine office and conference room plus demisable space for multiple tenant suites
    2.87‑acre site with direct access from Mt Rushmore Rd and 105 paved parking spaces
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    Ground-Leased Texas Roadhouse Outparcel
    Ground-Leased Texas Roadhouse Outparcel

    2106 N Maple Ave, Rapid City, SD 57701

    Contact for pricing
    6,160 sqft

    Single-tenant Texas Roadhouse is offered on a triple-net ground lease with zero landlord responsibilities through September 2032.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turn-Key Bar and Restaurant
    Turn-Key Bar and Restaurant

    3468 Sturgis Road, Rapid City, SD 57702

    Contact for pricing

    Renovated bar and restaurant with outdoor space, full liquor license, walk-in cooler, and included operational equipment.

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    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 4 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Restaurant and Bar Property
    Restaurant and Bar Property

    245 MAIN, Hill City, SD 57745

    $1,450,150

    For-sale restaurant and bar property in Hill City, SD.

    View details
    Historic Main Street Casino Complex
    Historic Main Street Casino Complex

    662 Main Street, Deadwood, SD 57732

    $12,500,000

    Multi-use hospitality property combining casino, full-service restaurant, bar, and entertainment operations under one roof.

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    Historic Deadwood Casino and Saloon
    Historic Deadwood Casino and Saloon

    658 Main St, Deadwood, SD 57732

    Contact for pricing
    19,844 sqft

    Prime Main Street complex with casino, restaurant, and bar.

    View details
    Remodeled Restaurant Building For Sale
    Remodeled Restaurant Building For Sale

    23858 Hwy 385, Hill City, SD

    Contact for pricing
    4,960 sqft 1.62 AC lot

    Remodeled restaurant with outdoor patio near Black Hills attractions.

    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.

    Commercial Development Corner Lot
    Commercial Development Corner Lot

    Stumer Road, Rapid City, SD 57701

    $574,992
    1.11 AC lot

    1.11-acre corner site with General Commercial zoning for retail, restaurant, office, or service development.

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    Corner Lot with Completed Parking
    Corner Lot with Completed Parking

    Outfitter Road, Rapid City, SD 57701

    $539,000
    1.77 AC lot

    Corner retail land site with completed parking on part of the lot and documented traffic counts.

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    Downtown Corner Commercial Land
    Downtown Corner Commercial Land

    Mt. Rushmore Road, Custer, SD 57730

    $299,000
    0.34 AC lot

    Two build-ready city lots offer frontage on Mt Rushmore Road at a high-traffic intersection in downtown 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.

    1756 Eglin St
    RESTAURANT

    1756 Eglin St, Rapid City, SD 57701-6117

    $520,000
    Estimated value
    5,593 sqft 1.13 AC lot
    View details
    1331 En St
    RESTAURANT

    1331 En St, Rapid City, SD 57701-9572

    $440,000
    Estimated value
    6,003 sqft 1.44 AC lot
    View details
    1323 En St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1323 En St, Rapid City, SD 57701-9572

    $380,000
    Estimated value
    2,888 sqft 1.53 AC lot
    View details
    316 Ee Blvd
    BAR, TAVERN

    316 Ee Blvd, Rapid City, SD 57701-2921

    $245,000
    Estimated value
    2,288 sqft 0.89 AC lot
    View details
    3920 Cheyenne Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    3920 Cheyenne Blvd, Rapid City, SD 57703-4774

    $375,000
    Estimated value
    3,239 sqft 1.50 AC lot
    View details
    355 11th St
    BAR, TAVERN

    355 11th St, Rapid City, SD 57701-2649

    $295,000
    Estimated value
    9,600 sqft 0.60 AC lot
    View details
    3313 Mall Dr
    RESTAURANT

    3313 Mall Dr, Rapid City, SD 57701-7938

    $505,000
    Estimated value
    7,256 sqft 2.12 AC lot
    View details
    509 Cambell St
    Restaurants

    509 Cambell St, Rapid City, SD 57701

    Value Estimation by Request
    1,475 sqft 0.76 AC lot
    View details
    709 Mountain View Rd
    Restaurants

    709 Mountain View Rd, Rapid City, SD 57702

    Value Estimation by Request
    View details
    3550 Sturgis Rd
    RESTAURANT

    3550 Sturgis Rd, Rapid City, SD 57702-0312

    $265,000
    Estimated value
    3,934 sqft 0.67 AC lot
    View details
    327 Stumer Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    327 Stumer Rd, Rapid City, SD 57701-6418

    $380,000
    Estimated value
    2,562 sqft 1.09 AC lot
    View details
    449 Stumer Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    449 Stumer Rd, Rapid City, SD 57701

    $355,000
    Estimated value
    2,480 sqft 0.59 AC lot
    View details
    405 Stumer Rd
    RESTAURANT

    405 Stumer Rd, Rapid City, SD 57701-6423

    $610,000
    Estimated value
    6,778 sqft 1.70 AC lot
    View details
    1330 Saint Patrick St
    BAR, TAVERN

    1330 Saint Patrick St, Rapid City, SD 57701-3936

    $315,000
    Estimated value
    3,240 sqft 0.47 AC lot
    View details
    1200 Saint Patrick St
    BAR, TAVERN

    1200 Saint Patrick St, Rapid City, SD 57701-3935

    $300,000
    Estimated value
    2,395 sqft 0.51 AC lot
    View details
    1400 Saint Patrick St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1400 Saint Patrick St, Rapid City, SD 57701-3937

    $315,000
    Estimated value
    1,200 sqft 0.20 AC lot
    View details
    725 Saint Joseph St
    BAR, TAVERN

    725 Saint Joseph St, Rapid City, SD 57701-2720

    $310,000
    Estimated value
    3,250 sqft 0.08 AC lot
    View details
    510 Saint Joseph St
    RESTAURANT

    510 Saint Joseph St, Rapid City, SD 57701-2717

    $285,000
    Estimated value
    3,500 sqft 0.08 AC lot
    View details
    324 Saint Joseph St
    RESTAURANT

    324 Saint Joseph St, Rapid City, SD 57701-2829

    $290,000
    Estimated value
    5,940 sqft 0.14 AC lot
    View details
    214 Saint Joseph St
    BAR, TAVERN

    214 Saint Joseph St, Rapid City, SD 57701-2917

    $295,000
    Estimated value
    1,920 sqft 0.10 AC lot
    View details

    Rapid City, SD Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Rapid City, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 30,442 square feet of properties for sale, with an estimated market value of $1,399,900.

    Sale prices for restaurant properties in Rapid City, SD average $1,399,900 — 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

    Conventional restaurants 4
    Bars & Pubs 2
    Drive through restaurants 2

    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 $1.4M

    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)

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    Most Searched ZIP Codes in Rapid City, SD

    • 57701
    • 57702

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