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    Rapid City, SD Retail Properties & Spaces for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Black Hawk, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD
    14 properties
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    Flex Space with Overhead Doors
    Updated: Jul 8
    Flex Space with Overhead Doors

    502 Herman St, Rapid City, SD 57701

    $985,000
    8,960 sqft
    8,960‑square‑foot flex‑space property
    Eight overhead doors, including two measuring 12x12
    Dedicated office area within the building
    Fenced area along the east side
    Currently used as a body shop
    View details
    Retail Storefront Property
    Updated: May 22
    Retail Storefront Property

    826 MAIN ST, Rapid City, SD 57701

    $1,900,000
    12,300 sqft
    For‑sale storefront retail property in Pennington County (stated size: 12,300).
    Central air conditioning and forced‑air heating.
    Partial basement.
    City view.
    On‑street parking.
    View details
    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.

    View details
    See what stands out in Pennington County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Improved Five-Bay Car Wash
    Improved Five-Bay Car Wash

    623 N Lacrosse, Rapid City, SD 57701

    $425,000
    3,000 sqft

    Recently improved, five-bay car wash property operating since 1986, supported by strong nearby roadway traffic counts.

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    Freestanding Restaurant with I-90 Visibility
    Freestanding Restaurant with I-90 Visibility

    665 E Disk Dr, Rapid City, SD 57701

    Contact for pricing
    6,500 sqft 1.21 AC lot

    Established branded restaurant on a 1.209-acre site with hotel adjacency and direct exposure to Interstate 90.

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    Retail Suite with Interstate Signage
    Retail Suite with Interstate Signage

    811 Disk Dr, Rapid City, SD 57701

    Contact for pricing
    1,174 sqft

    Open retail layout includes private office, storage, restroom, and kitchenette in a 2007-built commercial suite.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Corner Automotive Property
    Corner Automotive Property

    1585 VALLEY DR, Rapid City, SD 57703

    $450,000
    1,920 sqft 0.33 AC lot

    Heated, air-conditioned building combines showroom and service space on a paved corner site along Highway 44.

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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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    Mixed-Use Building With Loading Dock
    Mixed-Use Building With Loading Dock

    510 N Cambell St, Rapid City, SD 57701

    Contact for pricing
    38,500 sqft

    General commercial zoning accommodates the existing office layout and potential retail-oriented configurations.

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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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    Mixed-Use Property with Undeveloped Land
    Mixed-Use Property with Undeveloped Land

    7800 Albertta Dr, Rapid City, SD 57702

    Contact for pricing
    2.87 AC lot

    Flexible interior configuration includes non-load-bearing walls and additional undeveloped land.

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    Office Building with Retail Area
    Office Building with Retail Area

    1215 MT RUSHMORE RD, Rapid City, SD 57701

    $329,900

    Flexible commercial layout combines private workspaces, customer-facing area, kitchenette, bathroom, and storage in a visible corridor setting.

    View details
    Retail Space with Central Air
    Retail Space with Central Air

    1302 9th St, Rapid City, SD 57701

    Contact for pricing

    Retail property in Rapid City’s West Boulevard Area with central air and a sprinkler system.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

    Sturgis Commercial Property Near I-90
    Sturgis Commercial Property Near I-90

    2460 South Baldwin Street, Sturgis, SD 57785

    Contact for pricing
    5,000 sqft 3.00 AC lot

    Versatile 5,000 sq ft commercial building on 3 acres.

    View details
    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
    Drive-Through Restaurant Endcap
    Drive-Through Restaurant Endcap

    2800 Junction Avenue, Sturgis, SD 57785

    Contact for pricing

    Restaurant endcap with Interstate access, pylon signage, and an existing food-service layout.

    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.

    View details
    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.

    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
    Highway Service Zoned Commercial Land
    Highway Service Zoned Commercial Land

    Villa Drive, Box Elder, SD 57719

    $286,320
    2.39 AC lot

    Commercial land with direct access from Villa Drive and visibility from Liberty Boulevard for a variety of Highway Service uses.

    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
    1846 Eglin St
    CONVENIENCE STORE

    1846 Eglin St, Rapid City, SD 57701-6131

    $935,000
    Estimated value
    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

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

    3306 Chicago St, Rapid City, SD 57702-0364

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

    1632 Mall Dr, Rapid City, SD 57701-7945

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

    1120 Omaha St, Rapid City, SD 57701-1728

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

    737 Disk Dr, Rapid City, SD 57701-7802

    $2,455,000
    Estimated value
    88,661 sqft 9.23 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
    2850 Lien St
    AUTO REPAIR, GARAGE

    2850 Lien St, Rapid City, SD 57702-0313

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

    961 Plymouth Dr, Rapid City, SD 57703-9033

    $315,000
    Estimated value
    567 sqft 3.36 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 14 active listings on our real estate platform. These investment opportunities span a total of 206,991 square feet of properties for sale, with an estimated market value of $14,987,800.

    Sale prices for stores in Rapid City, SD start at $189,000, averaging $1,665,311, 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 6
    Automotive properties 3
    Auto shops 2
    Shopping centers 2
    Showrooms 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
    57703 $450K
    57701 $2.1M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Pennington County

    Residential Income

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    • 57702
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