Retail

Rapid City, SD Retail Properties & Spaces for Sale

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Aberdeen, SD Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Sturgis, SD Hermosa, SD
11 properties
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Mixed-Use Property with Drive-Through
Updated: Sep 4
Mixed-Use Property with Drive-Through

5955 Mount Rushmore Rd, Rapid City, SD 57701

$2,490,000
12,328 sqft
12,328‑square‑foot mixed‑use commercial property
Four existing tenants: Ponderosa Smiles, Good Dominion Tattoos, Karate for Kids, and K&O Property Management
2,380‑square‑foot front corner space with drive‑through infrastructure
3,028‑square‑foot rear office and warehouse area
Located along Mount Rushmore Road near Interstate 90 and the Black Hills
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Two-Building Retail Strip Center
Updated: Sep 20
Two-Building Retail Strip Center

1325 Eglin St, Rapid City, SD 57701

$4,500,000
10,599 sqft 1.82 AC lot
Two separate retail buildings totaling 10,599 rentable SF
1.82‑acre retail pad
Constructed in 2014
Located at 1325‑1329 Eglin Street in Rapid City, SD
Positioned in front of the 700,000 sf Rushmore Crossing shopping center
View details
Flex Space with Overhead Doors
Flex Space with Overhead Doors

502 Herman St, Rapid City, SD 57701

$985,000
8,960 sqft

Existing office area, secured outdoor space, and adaptable industrial functionality support a range of commercial operations.

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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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Retail Storefront Property
Retail Storefront Property

826 Main St, Rapid City, SD 57701

$1,900,000
12,300 sqft

For-sale storefront retail property in Pennington County, offered with a stated size of 12,300.

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Multi-Use Downtown Commercial Building
Multi-Use Downtown Commercial Building

406 5th St, Rapid City, SD 57701

$1,399,900
13,197 sqft

Multi-tenant downtown property on 5th St with strong daily traffic and flexible space for restaurants, retail, office, or entertainment.

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Auto Service Shop With Warehouse
Auto Service Shop With Warehouse

1811 Deadwood Avenue, Rapid City, SD 57702

$1,499,000
1.97 AC lot

Automotive commercial facility with customer-facing offices, heavy-service capacity, and separate covered storage.

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Convenience Store with Humidor
Convenience Store with Humidor

2218 Jackson Blvd, Rapid City, SD 57702

$795,000

The established retail business offers wine, cigars, and prepared meat and cheese selections.

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Spa & Wellness Property with Massage Room
Spa & Wellness Property with Massage Room

430 Quincy St, Rapid City, SD 57701

$249,000

Existing salon layout includes multiple service stations and a dedicated massage room.

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Beauty Salon Storefront
Beauty Salon Storefront

428 Quincy St, Rapid City, SD 57701

$189,000

Converted residential structure currently operates as a beauty salon with an established long-term tenant.

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Flex Building with Garage Space
Flex Building with Garage Space

2911 W Omaha St, Rapid City, SD 57702

$299,900

Front reception and rear work areas create a practical layout for automotive, service, or specialty trade operations.

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Rapid City Retail Investment Property
Rapid City Retail Investment Property

Rapid City, SD 57701

$9,060,000
121,440 sqft 9.03 AC lot

High-visibility retail property with national tenants and long-term leases.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Renovated Highway Storefront
Renovated Highway Storefront

250 Us Hwy 14a, Deadwood, SD 57732

$1,400,000
4,862 sqft 2.69 AC lot

Highway access, substantial parking, and on-site well and septic serve this commercial property.

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Retail Space with Offices
Retail Space with Offices

2460 S Baldwin, Sturgis, SD 57785

$595,000
4,975 sqft

An open sales area is complemented by private offices, a kitchen, and separate restrooms.

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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.

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Deadwood Commercial Building For Sale
Deadwood Commercial Building For Sale

409 Cliff St, Deadwood, SD 57732

$975,000
10,000 sqft 0.50 AC lot

Two-level, 10,000 sq ft commercial building in Deadwood, SD.

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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.

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Commercial Corner Lot
Commercial Corner Lot

Outfitter Road, Rapid City, SD 57701

$539,000
1.77 AC lot

Corner land parcel with a completed parking lot across half of the site and nearby retail and restaurant operators.

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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.

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Commercial Land Near Liberty Plaza
Commercial Land Near Liberty Plaza

Villa Drive, Box Elder, SD 57719

$286,320
2.39 AC lot

Highway Service-zoned land with Villa Drive access and visibility from Liberty Boulevard.

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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

Estimated value:
$520,000
5,593 sqft 1.13 AC lot
View details
1846 Eglin St
CONVENIENCE STORE

1846 Eglin St, Rapid City, SD 57701-6131

Estimated value:
$935,000
5,126 sqft 1.53 AC lot
View details
7887 Sheridan Lk Rd
AUTO REPAIR, GARAGE

7887 Sheridan Lk Rd, Rapid City, SD 57702-9049

Estimated value:
$295,000
1,584 sqft 3.72 AC lot
View details
3306 Chicago St
CAR WASH

3306 Chicago St, Rapid City, SD 57702-0364

Estimated value:
$325,000
3,180 sqft 0.68 AC lot
View details
1632 Mall Dr
VEHICLE SALES, RENTALS

1632 Mall Dr, Rapid City, SD 57701-7945

Estimated value:
$2,095,000
28,645 sqft 6.88 AC lot
View details
1120 Omaha St
VEHICLE SALES, RENTALS

1120 Omaha St, Rapid City, SD 57701-1728

Estimated value:
$830,000
15,296 sqft 3.92 AC lot
View details
737 Disk Dr
WHOLESALE OUTLET, DISCOUNT STORE

737 Disk Dr, Rapid City, SD 57701-7802

Estimated value:
$2,455,000
88,661 sqft 9.23 AC lot
View details
1331 En St
RESTAURANT

1331 En St, Rapid City, SD 57701-9572

Estimated value:
$440,000
6,003 sqft 1.44 AC lot
View details
2850 Lien St
AUTO REPAIR, GARAGE

2850 Lien St, Rapid City, SD 57702-0313

Estimated value:
$375,000
8,640 sqft 1.37 AC lot
View details
961 Plymouth Dr
AUTO REPAIR, GARAGE

961 Plymouth Dr, Rapid City, SD 57703-9033

Estimated value:
$315,000
567 sqft 3.36 AC lot
View details
747 Timmons Blvd
GROCERY, SUPERMARKET

747 Timmons Blvd, Rapid City, SD 57703-5702

Estimated value:
$2,330,000
24,185 sqft 2.77 AC lot
View details
4030 Cheyenne Blvd
CONVENIENCE STORE

4030 Cheyenne Blvd, Rapid City, SD 57703-4801

Estimated value:
$450,000
2,800 sqft 1.84 AC lot
View details
262 Cambell St
RETAIL STORES (PERSONAL SERVICES)

262 Cambell St, Rapid City, SD 57701-1700

Estimated value:
$420,000
7,800 sqft 1.21 AC lot
View details

Rapid City, SD Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Rapid City, SD, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 178,824 square feet of properties for sale, with an estimated market value of $23,366,800.

Sale prices for stores in Rapid City, SD start at $189,000, averaging $2,124,254, and reaching up to $9,060,000 — 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

Storefront properties 5
Auto shops 3
Automotive properties 3
Shopping centers 3
Grocery and convenience stores 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
57702 $899.5K
57701 $2.6M

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)

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