Rapid City, SD Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

62 Listings

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$11.94/SF/YR
29 Main St
29 Main Street, Downtown Rapid City, Rapid City, SD
Space Type
Industrial
1 space

3,516 SF
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$28.00/SF/YR
1905 N Plaza Blvd
1905 North Plaza Boulevard, Fountain Springs, Rapid City, SD
Space Type
Office
1 space

345 SF
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$19.20/SF/YR
2801 Plant St
2801 Plant Street, Deadwood Avenue, Rapid City, SD
Space Type
Office
1 space

1,750 SF
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$1,450,458
4400 E Mall Drive
East Mall Drive, Seger Crossing, Box Elder, SD
Property Type
Industrial
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$35.00 - $70.00/SF/YR
Office Space For Lease
811 E Saint Andrew St., Hansen Heights, Rapid City, SD
Space Type
Office
5 spaces

57 - 120 SF
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$229,000
Sturgis Rd Commercial Corner Lot
3637 Sturgis Road, South Meadowwood, Rapid City, SD
Property Type
VacantLand
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$610,000
3222 Jaffa Garden Way
3222 Jaffa Garden Way, Elks Country Estates, Rapid City, SD
Property Type
VacantLand
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$625,000
924 Quincy St
924 Quincy Street, Downtown Rapid City, Rapid City, SD
Property Type
Office
Built in 1961

4,888 SF
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$250,000
1025 Endeavour Blvd
1025 Endeavour Boulevard, Lagrand, Rapid City, SD
Property Type
VacantLand
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$33.00 - $59.00/SF/YR
601 West Blvd., Rapid City, SD 57701
601 West Boulevard, West Boulevard, Rapid City, SD
Space Type
Office
4 spaces

110 - 307 SF
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$10.00/SF/YR
Mall Drive Industrial Facility
4754 East Mall Drive, Seger Crossing, Rapid City, SD
Space Type
Industrial
1 space

30,000 SF
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$15.00 - $336.00/SF/YR
522 7th St
522 7th Street, Downtown Rapid City, Rapid City, SD
Space Type
Office
6 spaces

171 - 743 SF
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$10.00/SF/YR
2720 E HIGHWAY 44
2720 East Highway 44, Rapid City, SD
Space Type
Industrial
1 space

12,080 SF
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$1,249,000
Plant Street Office & Flex Facility
2821 Plant Street, Deadwood Avenue, Rapid City, SD
Property Type
Office
Built in 1992

13,392 SF
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$9.00 - $21.00/SF/YR
Aspen Centre West
631 Saint Anne Street, South Boulevard, Rapid City, SD
Space Type
Office
3 spaces

300 - 14,000 SF
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$1,269,817
360 Disk Dr
360 Disk Drive, Rushmore Mall, Rapid City, SD
Property Type
VacantLand
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$10.00/SF/YR
306 Main Rapid City
306 Main Street, Downtown Rapid City, Rapid City, SD
Space Type
Retail
1 space

2,800 SF
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$16.00 - $24.00/SF/YR
108 E Main St
108 East Main Street, Park, Rapid City, SD
Space Type
Industrial
6 spaces

271 - 3,493 SF
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$15.00/SF/YR
1620 Mt Rushmore Rd
1620 Mount Rushmore Road, Flormann, Rapid City, SD
Space Type
Office
1 space

2,000 SF
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Price on request
Rushmore Crossing
1225 Eglin St., Rushmore Crossing, Rapid City, SD
Space Type
Retail
1 space

6,400 SF
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$487,872
5th & Minnesota Office Commercial Site
107 Minnesota Street, Minnesota Park, Rapid City, SD
Property Type
VacantLand
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$220,000
Haines Ave Hard Corner Lot
2440 Haines Avenue, Rushmore Mall, Rapid City, SD
Property Type
VacantLand
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$10.00/SF/YR
Industrial Warehouse Suites Near E Mall Dr
1931 Dyess Avenue, Silver Strike, Rapid City, SD
Space Type
Industrial
2 spaces

4,000 SF
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$1,399,000
714/716 St Joseph St
714 Saint Joseph Street, Downtown Rapid City, Rapid City, SD
Property Type
Retail
Built in 1968

16,100 SF
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$12.00/SF/YR
3851 Eglin St, Ste 2
3851 Eglin St, Lagrand, Rapid City, SD
Space Type
Retail
1 space

2,508 SF
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$522,718.89/Acre
Lot A S Valley Dr
Lot A S. Valley Drive, Rapid City, SD
Property Type
Land
2.17 Acre
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$1,200,000
E Mall Drive Commercial Development Land
Mall Drive, Rushmore Mall, Rapid City, SD
Property Type
VacantLand
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Price on request
1002 W Main Street
1002 West Main Street, Founders Park North, Rapid City, SD
Space Type
Office
2 spaces

1,500 - 3,000 SF
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$6,500,000
Rapid City RV Park - Rapid City, SD
4110 Mt Rushmore Rd, Enchanted Hills, Rapid City, SD
Property Type
Multi-Family
Built in 1978

1,680 SF
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$15.00 - $23.60/SF/YR
1301 W OMAHA
1301 West Omaha Street, Founders Park North, Rapid City, SD
Space Type
Office
1 space

1,865 SF
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$650,000
720 St Joseph St
720 Saint Joseph Street, Downtown Rapid City, Rapid City, SD
Property Type
Retail
Built in 1968

5,250 SF
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$11.88/SF/YR
Seger Drive Industrial Shop
3515 Seger Drive, Heartland Business Park, Rapid City, SD
Space Type
Industrial
1 space

1,920 SF
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$2,400,000
N Lacrosse Street Commercial Development Land
North Lacrosse Street, Lacrosse Estates, Rapid City, SD
Property Type
VacantLand
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$9.78/SF/YR
Downtown Main Street Office Suite
304 Main Street, Downtown Rapid City, Rapid City, SD
Space Type
Office
1 space

2,275 SF
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$539,000
High Visibility Development Lot
Outfitter Road, Heartland Business Park, Rapid City, SD
Property Type
VacantLand
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$550.00/SF/MO
3rd & Main Office Suites
401 3rd St, Downtown Rapid City, Rapid City, SD
Space Type
Office
1 space

650 SF
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$699,000
Premium Retail, Office, or Hospitality Lot
1424 Luna Ave, Rushmore Center, Rapid City, SD
Property Type
VacantLand
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West Main Professional Space
West Main Professional Space
2050 West Main Street, Suite 1, Rapid City, SD
Space Type
Private Offices
Space for up to 3 people
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$2,975,000
2315 Mt Rushmore Rd
2315 Mount Rushmore Road, Woodridge, Rapid City, SD
Property Type
Retail
11,085 SF
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$96.28/SF
1845 Haines Ave
1845 Haines Ave, Northern Heights, Rapid City, SD
Property Type
Retail
Built in 1987

94,098 SF

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Rapid City, SD Commercial Real Estate Market Overview: Key Trends & Insights

Rapid City has 235,573 square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 100 properties.

This overview provides a snapshot of the Rapid City commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.

Commercial Space for Rent in Rapid City, SD

Based on the latest estimates, Rapid City, SD offers almost 100 commercial listings for lease, totaling about 235,573 square feet.

Current leasing options comprise 19 office listings, which represent approximately 52.78% out of the total leasing inventory. There are also 9 industrial and warehouse listings, making up 25.00% of the total. Additionally, 8 retail listings make up 22.22% of the local leasing market. These types are supplemented by 1 listing for lease belonging to other commercial types.

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 19 205,783 N/A

Retail 8 912,978 $24.88

Industrial 9 121,365 $14.94

Other 1 N/A

Commercial Real Estate for Sale in Rapid City, SD

As of 2026, Rapid City, SD has a total of 25 commercial real estate properties for sale.

This inventory includes 4 office assets, 3 industrial facilities and 4 retail properties available for purchase.

The largest share is held by Office, with 16.00% out of local properties for sale belonging to this asset type. Retail has the next largest share at 16.00%, while Industrial makes up 12.00% of commercial properties for sale in Rapid City.

Property type No. of Listings Total Sq. Ft.

Office 4 205,783

Retail 4 912,978

Industrial 3 121,365

Other 14 139,766

Leading Commercial Real Estate Submarkets by Property Type in Rapid City, SD

The leading commercial real estate submarkets for different property types in Rapid City are:

Office: Downtown Rapid City with 14 office listings, totaling 44,774 square feet.
Industrial: Park with 6 industrial listings, totaling 10,110 square feet.
Retail: Rushmore Center with 7 retail listings, totaling 14,320 square feet.