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    Rapid City, SD
    Storefront

    Rapid City, SD Storefront Properties 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
    Retail Building Ready for Tenancy
    Updated: Jan 6
    Retail Building Ready for Tenancy

    114 East Blvd N, Rapid City, SD 57701

    $342,500
    5,000 sqft
    5,000 SF former Chris Supply commercial building with an open interior design after the dividing wall was removed
    Restrooms remodeled and walls painted
    Security and fire alarm updated
    Parking lot resurfaced with Clemons Asphalt in 2024; parking for 2 spots in the rear and 10 out front
    Includes 2 bathrooms, 2 water heaters, and 2 furnaces; could be split into 2 business locations
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    Historic Corner Retail-Office Building
    Updated: Mar 19, 2025
    Historic Corner Retail-Office Building

    501 KANSAS CITY, Rapid City, SD 57701

    $405,000
    3,424 sqft
    Historic Pillen Optical Building on a corner lot on 5th Street and Kansas City in downtown Rapid City
    Daily traffic count of 20,561 with 3,424 sq. ft. building featuring main‑floor retail and office space
    Main floor includes 1,456 sq. ft. with large storefront windows, historic woodwork, and built‑in features
    Spiral staircase to 650 sq. ft. of additional office space on the upper floor
    Basement provides 1,288 sq. ft. for storage or workshops
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    Retail Frontage Property
    Retail Frontage Property

    3211 E Mall Dr, Rapid City, SD 57701

    $450,000

    Retail frontage on East Mall Drive in front of Cabela's/Bass Pro Shop.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 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 3 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.

    Spearfish Retail Property for Sale
    Spearfish Retail Property for Sale

    450 W Kansas Street, Spearfish, SD 57783

    $1,700,000
    5,787 sqft

    Retail property in Spearfish, SD, available for purchase.

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    Historic Mixed-Use Building For Sale
    Historic Mixed-Use Building For Sale

    201 W 2nd Street, Chadron, NE 69337

    $285,000
    2,500 sqft

    Mixed-use building with retail space and residential income potential.

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    Three-Unit Downtown Commercial Building
    Three-Unit Downtown Commercial Building

    219 MAIN ST, Chadron, NE 69337

    $220,000

    Three leased main-level suites with recent remodeling and 2023 HVAC, plus an upper level that could be renovated into apartments.

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    Retail Endcap with Patio
    Retail Endcap with Patio

    344 Main Street, Spearfish, SD 57783

    Contact for pricing
    2,154 sqft

    New first-level end-cap retail suite with front and rear access, floor-to-ceiling windows, and a covered patio with fire pit and lighting.

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    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.

    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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    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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    Storefront Retail Space Under Construction
    Storefront Retail Space Under Construction

    560 Running Drive Ste 110 W, Gillette, WY 82716

    $600,000
    3,000 sqft

    Modern retail space is under construction with a build-to-suite option for selected unit configurations.

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    Build-to-Suite Retail Space
    Build-to-Suite Retail Space

    560 Running Drive Ste 140 W, Gillette, WY 82718

    $720,000
    3,600 sqft

    Newly constructed retail space in Gillette’s RC Ranch area, offered as build-to-suite units under C-1 zoning.

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    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.

    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

    Rapid City, SD Storefront Properties Market Trends and Statistics

    Explore 6 storefront properties for sale in Rapid City, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,424 square feet of properties for sale, with an estimated market value of $747,500.

    Sale prices for retail units in Rapid City, SD start at $342,500, averaging $373,750, and reaching up to $405,000 — 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 2
    Auto shops 1
    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%

    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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