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    Rapid City, SD
    Retail

    Rapid City, SD Retail Space for Sale

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    Aberdeen, SD Summerset, 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
    View details
    Beauty Salon Storefront
    Updated: Sep 1
    Beauty Salon Storefront

    428 Quincy St, Rapid City, SD 57701

    $189,000
    Currently operated as a beauty salon
    Long‑term tenant in place
    Converted residential structure used for commercial purposes
    Built in 1948
    Located at 428 Quincy St, Rapid City, SD 57701
    View details
    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
    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.

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    Based on your search, we've compiled 76 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

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail Building
    Freestanding Retail Building

    25022 Us Highway 16, Custer, SD 57730

    $500,000
    1,327 sqft 2.77 AC lot

    Flexible showroom and service layout with on-site parking and direct highway access.

    View details
    Sturgis Commercial Property Near I-90
    Sturgis Commercial Property Near I-90

    2460 S Baldwin St, Sturgis, SD 57785

    $595,000
    5,000 sqft 3.00 AC lot

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

    View details
    Mixed-Use Property with RV Sites
    Mixed-Use Property with RV Sites

    24669 Us Highway 16, Custer, SD 57730

    $2,100,000
    10.02 AC lot

    Multiple commercial, residential, storage, billboard, and recreational vehicle components create a varied operating profile on a large site.

    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

    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.

    262 Cambell St
    RETAIL STORES (PERSONAL SERVICES)

    262 Cambell St, Rapid City, SD 57701-1700

    $420,000
    Estimated value
    7,800 sqft 1.21 AC lot
    View details
    23691 Busted 5th Ct
    RETAIL STORES (PERSONAL SERVICES)

    23691 Busted 5th Ct, Rapid City, SD 57702-6536

    $180,000
    Estimated value
    1,120 sqft 7.97 AC lot
    View details
    525 St Joseph St
    Individual retail properties

    525 St Joseph St, Rapid City, SD 57701

    Value Estimation by Request
    View details
    908 Eglin St
    Individual retail properties

    908 Eglin St, Rapid City, SD 57701

    Value Estimation by Request
    0.85 AC lot
    View details
    622 St Joseph St
    Individual retail properties

    622 St Joseph St, Rapid City, SD 57701

    Value Estimation by Request
    3,172 sqft 0.08 AC lot
    View details
    803 St Patrick St
    Individual retail properties

    803 St Patrick St, Rapid City, SD 57701

    Value Estimation by Request
    1,108 sqft
    View details
    1585 Vly Dr
    RETAIL STORES (PERSONAL SERVICES)

    1585 Vly Dr, Rapid City, SD 57703-4089

    $275,000
    Estimated value
    1,920 sqft 0.33 AC lot
    View details
    3436 Sturgis Rd
    RETAIL STORES (PERSONAL SERVICES)

    3436 Sturgis Rd, Rapid City, SD 57702-2361

    $290,000
    Estimated value
    2,592 sqft 0.55 AC lot
    View details
    3609 Sturgis Rd
    RETAIL STORES (PERSONAL SERVICES)

    3609 Sturgis Rd, Rapid City, SD 57702-7600

    $700,000
    Estimated value
    6,650 sqft 0.52 AC lot
    View details
    3401 Sturgis Rd
    RETAIL STORES (PERSONAL SERVICES)

    3401 Sturgis Rd, Rapid City, SD 57702-2344

    $280,000
    Estimated value
    4,380 sqft 0.93 AC lot
    View details
    718 Saint Patrick St
    RETAIL STORES (PERSONAL SERVICES)

    718 Saint Patrick St, Rapid City, SD 57701-3976

    $290,000
    Estimated value
    1,385 sqft 0.29 AC lot
    View details
    1402 Saint Patrick St
    RETAIL STORES (PERSONAL SERVICES)

    1402 Saint Patrick St, Rapid City, SD 57701-3937

    $290,000
    Estimated value
    2,457 sqft 0.14 AC lot
    View details
    339 Saint Patrick St
    RETAIL STORES (PERSONAL SERVICES)

    339 Saint Patrick St, Rapid City, SD 57701-4645

    $280,000
    Estimated value
    2,400 sqft 0.44 AC lot
    View details
    1226 Saint Patrick St
    RETAIL STORES (PERSONAL SERVICES)

    1226 Saint Patrick St, Rapid City, SD 57701-3957

    $300,000
    Estimated value
    1,250 sqft 0.36 AC lot
    View details
    804 Saint Patrick St
    RETAIL STORES (PERSONAL SERVICES)

    804 Saint Patrick St, Rapid City, SD 57701-3932

    $295,000
    Estimated value
    3,200 sqft 0.16 AC lot
    View details
    404 Saint Onge St
    RETAIL STORES (PERSONAL SERVICES)

    404 Saint Onge St, Rapid City, SD 57702-8175

    $270,000
    Estimated value
    2,280 sqft 0.29 AC lot
    View details
    808 Saint Joseph St
    RETAIL STORES (PERSONAL SERVICES)

    808 Saint Joseph St, Rapid City, SD 57701-2430

    $480,000
    Estimated value
    4,152 sqft 0.13 AC lot
    View details
    623 Saint Joseph St
    RETAIL STORES (PERSONAL SERVICES)

    623 Saint Joseph St, Rapid City, SD 57701-2718

    $325,000
    Estimated value
    2,800 sqft 0.11 AC lot
    View details
    818 Saint Joseph St
    RETAIL STORES (PERSONAL SERVICES)

    818 Saint Joseph St, Rapid City, SD 57701-2859

    $420,000
    Estimated value
    4,800 sqft 0.16 AC lot
    View details
    815 Saint Joseph St
    RETAIL STORES (PERSONAL SERVICES)

    815 Saint Joseph St, Rapid City, SD 57701-2609

    $525,000
    Estimated value
    4,148 sqft 0.26 AC lot
    View details
    731 Saint Joseph St
    RETAIL STORES (PERSONAL SERVICES)

    731 Saint Joseph St, Rapid City, SD 57701-5002

    $535,000
    Estimated value
    7,914 sqft 0.40 AC lot
    View details

    Rapid City, SD Retail Space Market Trends and Statistics

    Explore 72 retail space 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 $1,918,800.

    Sale prices for retail space in Rapid City, SD start at $189,000, averaging $639,600, 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

    Storefront properties 4
    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
    57701 $864.9K

    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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