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    Rapid City, SD Sports & Entertainment Properties for Sale

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    Box Elder, SD Summerset, SD Black Hawk, SD
    Multi-Use Downtown Commercial Building
    $1,399,900
    13,197 SF
    Multi-Use Downtown Commercial Building

    406 5th St, Rapid City, SD 57701

    Multi-tenant downtown property on 5th St with strong daily traffic and flexible space for restaurants, retail, office, or entertainment.
    • 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
    Updated: Apr 24
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    Rapid City Retail Investment Property
    $9,060,000
    121,440 SF
    Rapid City Retail Investment Property

    1845 Haines Ave, Rapid City, SD 57701

    High-visibility retail property with national tenants and long-term leases.
    • High‑visibility retail property located off Interstate 90.
    • National tenants: NAPA Auto Parts & Planet Fitness.
    • New 12‑year NNN leases with renewal options.
    • Recent capital improvements completed (2024–2025).
    • Offered at a 7.50% Year One cap rate.
    Updated: Feb 16
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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

    Historic Deadwood Casino and Saloon
    $12,500,000
    19,844 SF
    Historic Deadwood Casino and Saloon

    Multi-revenue historic asset on Deadwood's most trafficked corridor.

    662 Main Street, Deadwood, SD 57732

    View details
    Newcastle, WY Office Building
    $650,000
    11,750 SF
    Newcastle, WY Office Building

    Office building with main street frontage in Newcastle, Wyoming.

    2013 W Main Street, Newcastle, WY 82701

    View details
    Historic Deadwood Casino and Saloon
    $1,250,000
    19,844 SF
    Historic Deadwood Casino and Saloon

    Prime Main Street complex with casino, restaurant, and bar.

    658 Main St, Deadwood, SD 57732

    View details
    Versatile Property with Main Street Frontage
    $650,000
    11,750 SF
    Versatile Property with Main Street Frontage

    Expansive building with offices and potential bowling alley space.

    2013 W Main Street, Newcastle, WY 82701

    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 Lot Near New School
    $250,000
    Commercial Lot Near New School

    Commercial lot for sale with a variety of approved uses.

    8265 Wellington Blvd, Wellington, CO 80549

    View details
    Horsetooth Reservoir Commercial Land Opportunity
    $799,999
    Horsetooth Reservoir Commercial Land Opportunity

    Commercial land near Horsetooth Reservoir with diverse development possibilities.

    4025 W County Road 38 E, Fort Collins, CO 80526

    View details
    Estes Park Development Opportunity
    $1,750,000
    3,089 SF
    Estes Park Development Opportunity

    2.29-acre property approved for 26 luxury hotel units near Rocky Mountain National Park.

    1895 Fall River Rd, Estes Park, CO 80517

    View details
    Residential Land in Billings, MT
    $149,000
    0.58 Acres
    Residential Land in Billings, MT

    Residential land for sale in Billings, Montana, with community amenities.

    Scheffler Way, Billings, MT 59106

    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.

    3809 Sturgis Rd
    BOWLING ALLEY
    36,320 SF Lot: 2.25 Acres
    Estimated value
    $695,000

    3809 Sturgis Rd, Rapid City, SD 57702-0318

    View details
    3675 Sheridan Lk Rd
    COUNTRY CLUB
    17,044 SF Lot: 94.57 Acres
    Estimated value
    $570,000

    3675 Sheridan Lk Rd, Rapid City, SD 57702-5200

    View details
    801 San Francisco St
    RACE TRACK (AUTO, DOG, HORSE)
    118,000 SF Lot: 49.38 Acres
    Estimated value
    $585,000

    801 San Francisco St, Rapid City, SD 57701

    View details
    803 Saint Patrick St
    BOWLING ALLEY
    16,197 SF Lot: 1.81 Acres
    Value Estimation by Request

    803 Saint Patrick St, Rapid City, SD 57701-5751

    View details
    5611 Old Folsom Rd
    SKATING RINK, ICE SKATING, ROLLER SKATING
    32,460 SF Lot: 6.00 Acres
    Value Estimation by Request

    5611 Old Folsom Rd, Rapid City, SD 57703

    View details
    1808 Mt Rushmore Rd
    CASINO
    2,494 SF Lot: 0.30 Acres
    Value Estimation by Request

    1808 Mt Rushmore Rd, Rapid City, SD 57701-4565

    View details
    5766 Montebello Ct
    RECREATIONAL, ENTERTAINMENT
    2,451 SF Lot: 0.42 Acres
    Value Estimation by Request

    5766 Montebello Ct, Rapid City, SD 57702

    View details
    230 Knollwood Dr
    THEATER (MOVIE)
    32,794 SF Lot: 5.75 Acres
    Estimated value
    $590,000

    230 Knollwood Dr, Rapid City, SD 57701-0621

    View details
    3333 Jolly Ln
    COUNTRY CLUB
    8,644 SF Lot: 130.84 Acres
    Value Estimation by Request

    3333 Jolly Ln, Rapid City, SD 57703-6085

    View details
    350 Disk Dr
    THEATER (MOVIE)
    22,624 SF Lot: 3.46 Acres
    Estimated value
    $575,000

    350 Disk Dr, Rapid City, SD 57701-7878

    View details
    761 Anamosa St
    RECREATIONAL, ENTERTAINMENT
    6,480 SF Lot: 11.58 Acres
    Estimated value
    $610,000

    761 Anamosa St, Rapid City, SD 57701-1305

    View details
    512 6th St
    THEATER (MOVIE)
    7,438 SF Lot: 0.17 Acres
    Value Estimation by Request

    512 6th St, Rapid City, SD 57701-2726

    View details
    505 5th St
    ARENA, CONVENTION CENTER
    54,845 SF
    Estimated value
    $680,000

    505 5th St, Rapid City, SD 57701-1157

    View details

    Rapid City, SD Sports & Entertainment Properties Market Trends and Statistics

    Explore 15 sports & entertainment properties for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 121,440 square feet of properties for sale, with an estimated market value of $9,060,000.

    Sale prices for sports & entertainment properties in Rapid City, SD start at $9,060,000, averaging $9,060,000, 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

    Fitness centers & gyms 4
    Theaters & concert halls 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 $9.1M

    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)

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

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