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    Rapid City, SD
    Sports & Entertainment

    Rapid City, SD Sports & Entertainment Properties for Sale

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    Box Elder, SD Summerset, SD Black Hawk, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Brick Theater Building
    Updated: Aug 2
    Brick Theater Building

    715 Kansas City, Rapid City, SD 57701

    $899,900
    9,936 sqft
    9,936 square feet of usable property space
    Stage with access to over 2000 sq ft of tiered mezzanine seating
    Brick exterior in Rapid City's Central Business District
    Lower level includes kitchen, offices, and storage
    Two exterior access points at the lower level
    View details
    Rapid City Retail Investment Property
    Updated: Feb 16
    Rapid City Retail Investment Property

    1845 Haines Ave, Rapid City, SD 57701

    Contact for pricing
    121,440 sqft 9.03 AC lot
    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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Two-Story Gym and Office Building
    Two-Story Gym and Office Building

    210 N MAIN ST, Gordon, NE 69343

    Contact for pricing
    4,950 sqft

    Historic two-story building with open gym and office areas, plus a renovation-ready second level.

    View details
    Two-Story Gym Building
    Two-Story Gym Building

    210 N MAIN ST, Gordon, NE 69343

    $160,000
    0.11 AC lot

    Flexible two-story brick building with main-level gym and office space plus a renovation-ready second floor in Gordon.

    View details
    Key Comfort Inn & Suites Hotel
    Key Comfort Inn & Suites Hotel

    225 Cliff St, Deadwood, SD 57732

    $6,500,000

    Key Comfort Inn & Suites offers rooms plus on-site restaurant, bar, casino-style gaming, arcade, and mini golf.

    View details
    Deadwood Mountain Grand Resort
    Deadwood Mountain Grand Resort

    1906 Deadwood Mountain, Deadwood, SD 57732

    Contact for pricing

    98-room resort with event space, casino, full-service spa, indoor pool, and a 220-space parking garage.

    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
    Commercial Lot Near New School

    8265 Wellington Blvd, Wellington, CO 80549

    $250,000

    Commercial lot for sale with a variety of approved uses.

    View details
    Horsetooth Reservoir Commercial Land Opportunity
    Horsetooth Reservoir Commercial Land Opportunity

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

    $799,999

    Commercial land near Horsetooth Reservoir with diverse development possibilities.

    View details
    Hotel Development Land with Approved Units
    Hotel Development Land with Approved Units

    1895 Fall River Rd, Estes Park, CO 80517

    $1,750,000
    2.29 AC lot

    A-zoned 2.29-acre site on Fall River Road with an approved plan for 26 hotel units and existing 3,089 SF building.

    View details
    M1 Commercial Pad Site
    M1 Commercial Pad Site

    W Haley Springs Road, Bozeman, MT 59718

    $1,285,000
    0.39 AC lot

    M1-zoned commercial land with public water and sewer service.

    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

    3809 Sturgis Rd, Rapid City, SD 57702-0318

    $695,000
    Estimated value
    36,320 sqft 2.25 AC lot
    View details
    3675 Sheridan Lk Rd
    COUNTRY CLUB

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

    $570,000
    Estimated value
    17,044 sqft 94.57 AC lot
    View details
    801 San Francisco St
    RACE TRACK (AUTO, DOG, HORSE)

    801 San Francisco St, Rapid City, SD 57701

    $585,000
    Estimated value
    118,000 sqft 49.38 AC lot
    View details
    803 Saint Patrick St
    BOWLING ALLEY

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

    $405,000
    Estimated value
    16,197 sqft 1.81 AC lot
    View details
    5611 Old Folsom Rd
    SKATING RINK, ICE SKATING, ROLLER SKATING

    5611 Old Folsom Rd, Rapid City, SD 57703

    $485,000
    Estimated value
    32,460 sqft 6.00 AC lot
    View details
    1808 Mt Rushmore Rd
    CASINO

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

    $310,000
    Estimated value
    2,494 sqft 0.30 AC lot
    View details
    5766 Montebello Ct
    RECREATIONAL, ENTERTAINMENT

    5766 Montebello Ct, Rapid City, SD 57702

    $300,000
    Estimated value
    2,451 sqft 0.42 AC lot
    View details
    230 Knollwood Dr
    THEATER (MOVIE)

    230 Knollwood Dr, Rapid City, SD 57701-0621

    $590,000
    Estimated value
    32,794 sqft 5.75 AC lot
    View details
    3333 Jolly Ln
    COUNTRY CLUB

    3333 Jolly Ln, Rapid City, SD 57703-6085

    $360,000
    Estimated value
    8,644 sqft 130.84 AC lot
    View details
    350 Disk Dr
    THEATER (MOVIE)

    350 Disk Dr, Rapid City, SD 57701-7878

    $575,000
    Estimated value
    22,624 sqft 3.46 AC lot
    View details
    761 Anamosa St
    RECREATIONAL, ENTERTAINMENT

    761 Anamosa St, Rapid City, SD 57701-1305

    $610,000
    Estimated value
    6,480 sqft 11.58 AC lot
    View details
    512 6th St
    THEATER (MOVIE)

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

    $280,000
    Estimated value
    7,438 sqft 0.17 AC lot
    View details
    505 5th St
    ARENA, CONVENTION CENTER

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

    $680,000
    Estimated value
    54,845 sqft
    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 131,376 square feet of properties for sale, with an estimated market value of $899,900.

    Sale prices for sports & entertainment properties in Rapid City, SD average $899,900 — 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

    Fitness centers & gyms 2
    Theaters & concert halls 1

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    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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