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    Rapid City, SD
    Restaurants

    Rapid City, SD Restaurants for Sale

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    Box Elder, SD Summerset, SD Black Hawk, 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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    Retail/Office Space with Black Hills Views
    Updated: Oct 26, 2022
    Retail/Office Space with Black Hills Views

    7201 Mt. Rushmore Road, Rapid City, SD 57702

    Contact for pricing
    3,315 sqft · 3.37 AC lot
    Ideal location for brewery/taproom or restaurant with planned outdoor seating and stunning Black Hills views.
    High‑traffic location on Hwy 16, perfect for capturing summer tourist traffic and building a year‑round clientele.
    Located in Rapid City's hottest submarket experiencing rapid growth with new apartments, medical facilities, and the BH Energy headquarters.
    Historic Stamper Gold Factory being converted to multi‑unit retail and office spaces, offering unique character.
    Planned improvements include a new façade, interior boardwalk, and common area restrooms.
    View details
    Fully Equipped Restaurant For Sale
    Fully Equipped Restaurant For Sale

    620 E Disk Dr, Rapid City, SD 57701

    $2,190,000
    6,497 sqft

    Restaurant property available for sale or lease in Rapid City.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 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.

    Hill City Restaurant Building For Sale
    Hill City Restaurant Building For Sale

    158 Museum Drive, Hill City, SD 57745

    $1,445,000
    9,045 sqft · 0.41 AC lot

    9,045 sqft restaurant building with parking on 0.41 acres.

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    Remodeled Restaurant Building For Sale
    Remodeled Restaurant Building For Sale

    23858 Hwy 385, Hill City, SD

    $899,000
    4,960 sqft · 1.62 AC lot

    Remodeled restaurant with outdoor patio near Black Hills attractions.

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    Established Bakery & Cafe For Sale
    Established Bakery & Cafe For Sale

    541 Mount Rushmore Rd, Custer, SD 57730

    $1,400,000
    4,225 sqft

    Profitable bakery and cafe with apartment in high-traffic Custer location.

    View details
    Established Restaurant with Living Quarters
    Established Restaurant with Living Quarters

    541 MT RUSHMORE RD, Custer, SD 57730

    $1,400,000
    4,225 sqft

    Profitable restaurant with apartment in high-traffic tourist area.

    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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    Commercial Land Near Rushmore Crossing
    Commercial Land Near Rushmore Crossing

    1424 Luna Avenue, Rapid City, SD 57701

    $799,000
    3.50 AC lot

    3.5 acre commercial lot in thriving Rapid City district.

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    Retail Site on Haines Avenue
    Retail Site on Haines Avenue

    2440 Haines Avenue, Rapid City, SD 57701

    $220,000
    0.51 AC lot

    Prime retail location in Rapid City's commercial corridor.

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    Retail Site on Haines Avenue
    Retail Site on Haines Avenue

    2440 Haines Avenue, Rapid City, SD 57701

    $220,000
    0.51 AC lot

    Prime retail location with high visibility and traffic.

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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.

    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

    Value Estimation by Request
    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

    Value Estimation by Request
    2,888 sqft · 1.53 AC lot
    View details
    316 Ee Blvd
    BAR, TAVERN

    316 Ee Blvd, Rapid City, SD 57701-2921

    Value Estimation by Request
    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

    Value Estimation by Request
    3,239 sqft · 1.50 AC lot
    View details
    355 11th St
    BAR, TAVERN

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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    2,562 sqft · 1.09 AC lot
    View details
    449 Stumer Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    449 Stumer Rd, Rapid City, SD 57701

    Value Estimation by Request
    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

    Value Estimation by Request
    3,240 sqft · 0.47 AC lot
    View details
    1200 Saint Patrick St
    BAR, TAVERN

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

    Value Estimation by Request
    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

    Value Estimation by Request
    1,200 sqft · 0.20 AC lot
    View details
    725 Saint Joseph St
    BAR, TAVERN

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

    Value Estimation by Request
    3,250 sqft · 0.08 AC lot
    View details
    510 Saint Joseph St
    RESTAURANT

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

    Value Estimation by Request
    3,500 sqft · 0.08 AC lot
    View details
    324 Saint Joseph St
    RESTAURANT

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

    Value Estimation by Request
    5,940 sqft · 0.14 AC lot
    View details
    214 Saint Joseph St
    BAR, TAVERN

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

    Value Estimation by Request
    1,920 sqft · 0.10 AC lot
    View details
    2260 Promise Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2260 Promise Rd, Rapid City, SD 57701

    Value Estimation by Request
    792 sqft · 1.16 AC lot
    View details

    Rapid City, SD Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Rapid City, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,197 square feet of properties for sale, with an estimated market value of $1,399,900.

    Sale prices for restaurant properties in Rapid City, SD start at $1,399,900, averaging $1,399,900, and reaching up to $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
    Drive through restaurants 4
    Bars & Pubs 1
    Coffee shops 1

    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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