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    Rapid City, SD
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    Rapid City, SD Retail Properties & Spaces for Sale

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    Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD Hill City, SD New Underwood, SD
    6 properties
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    406 5th St, Rapid City, SD

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $126K
      Annual

    • Price @ 7% Cap

      $1.8M
      Above asking
    View Property Analytics
    Improved Five-Bay Car Wash
    Updated: Jun 14
    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.
    High nearby traffic counts: 19,815 on LaCrosse St. and 15,866 on E. North St.
    Property has potential to support car wash revenue based on surrounding roadway traffic.
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    Rapid City Commercial Property
    Rapid City Commercial Property

    544 CENTURY RD, Rapid City, SD 57703

    $1,845,000
    15,874 sqft

    Commercial property available for sale in Rapid City, South Dakota.

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    Rapid City Retail Investment Property
    Rapid City Retail Investment Property

    1845 Haines Ave, 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Retail Property with 6,264 SF
    Retail Property with 6,264 SF

    23021 Hisega Road, Rapid City, SD 57702

    Contact for pricing
    6,264 sqft

    Retail property totaling 6,264 SF, offered for sale.

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    Commercial Parcel Near Rushmore Crossing
    Commercial Parcel Near Rushmore Crossing

    1424 Luna Ave, Rapid City, SD 57701

    $799,000
    3.50 AC lot

    3.5 acre commercial lot near shopping complex.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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 Retail Property on Main
    Sturgis Retail Property on Main

    1219 Main Street, Sturgis, SD 57785

    $1,400,000
    11,250 sqft 0.35 AC lot

    11,250 SF retail property in downtown Sturgis.

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

    2460 South Baldwin Street, Sturgis, SD 57785

    $710,000
    5,000 sqft 3.00 AC lot

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

    View details
    Highway Retail Property Near Deadwood
    Highway Retail Property Near Deadwood

    250 US Hwy 14A, Deadwood, SD

    $1,850,000
    10,886 sqft 1.00 AC lot

    Renovated retail building on a large lot near Deadwood.

    View details
    Deadwood Commercial Building For Sale
    Deadwood Commercial Building For Sale

    409 Cliff Street, Deadwood, SD 57732

    $975,000
    10,000 sqft 0.52 AC lot

    10,000 sq ft commercial building with high visibility.

    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.

    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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    Rapid City Commercial Development Land
    Rapid City Commercial Development Land

    621 E Mall Dr, Rapid City, SD 57701

    $1,875,885
    7.23 AC lot

    7.23-acre commercial development land with utilities in active retail area.

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    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.

    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

    Value Estimation by Request
    1,584 sqft 3.72 AC lot
    View details
    3306 Chicago St
    CAR WASH

    3306 Chicago St, Rapid City, SD 57702-0364

    Value Estimation by Request
    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

    Value Estimation by Request
    6,003 sqft 1.44 AC lot
    View details
    2850 Lien St
    AUTO REPAIR, GARAGE

    2850 Lien St, Rapid City, SD 57702-0313

    Value Estimation by Request
    8,640 sqft 1.37 AC lot
    View details
    961 Plymouth Dr
    AUTO REPAIR, GARAGE

    961 Plymouth Dr, Rapid City, SD 57703-9033

    Value Estimation by Request
    567 sqft 3.36 AC lot
    View details
    747 Timmons Blvd
    GROCERY, SUPERMARKET

    747 Timmons Blvd, Rapid City, SD 57703-5702

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

    4030 Cheyenne Blvd, Rapid City, SD 57703-4801

    Value Estimation by Request
    2,800 sqft 1.84 AC lot
    View details
    262 Cambell St
    RETAIL STORES (PERSONAL SERVICES)

    262 Cambell St, Rapid City, SD 57701-1700

    Value Estimation by Request
    7,800 sqft 1.21 AC lot
    View details
    404 Cambell St
    VEHICLE SALES, RENTALS

    404 Cambell St, Rapid City, SD 57701-3013

    $1,015,000
    Estimated value
    22,510 sqft 3.07 AC lot
    View details
    1105 En St
    CAR WASH

    1105 En St, Rapid City, SD 57701-1747

    Value Estimation by Request
    3,638 sqft 0.95 AC lot
    View details
    2010 Mall Dr
    VEHICLE SALES, RENTALS

    2010 Mall Dr, Rapid City, SD 57701-7944

    $3,365,000
    Estimated value
    46,644 sqft 11.89 AC lot
    View details
    2454 Mall Dr
    VEHICLE SALES, RENTALS

    2454 Mall Dr, Rapid City, SD 57701-7943

    $2,760,000
    Estimated value
    38,030 sqft 13.47 AC lot
    View details
    404 Ee N Blvd
    AUTO REPAIR, GARAGE

    404 Ee N Blvd, Rapid City, SD 57701-1512

    Value Estimation by Request
    5,760 sqft 0.21 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 6 active listings on our real estate platform. These investment opportunities span a total of 153,511 square feet of properties for sale, with an estimated market value of $12,729,900.

    Sale prices for stores in Rapid City, SD start at $425,000, averaging $3,182,475, 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

    Automotive properties 3
    Auto shops 2
    Car washes 1
    Drug stores 1
    Shopping centers 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 $319.5K
    57703 $1.8M
    57701 $3.8M

    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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    • 57703

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