Black Hills, SD Commercial Real Estate

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

83 Listings

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$11.00/SF/YR
2218 Jackson Blvd
2218 Jackson Boulevard, Rapid River, Rapid City, SD
Space Type
Office
1 space

925 SF
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$18.00/SF/YR
1001 E North St
1001 East North Street, Feigels, Rapid City, SD
Space Type
Retail
1 space

2,000 SF
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From $800/month

Support Office Solutions
Support Office Solutions
529 Kansas City St Ste 201, Ste 201, Rapid City, SD
Space Type
Private Offices
Space for up to 2 people
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$574,992
Stumer Road Commercial Lot 11
Stumer Road, Black Hills Center, Rapid City, SD
Property Type
VacantLand
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$16.50/SF/YR
414 Mt Rushmore Rd (Annex)
414 Mount Rushmore Road, Downtown Rapid City, Rapid City, SD
Space Type
Office
1 space

15,836 SF
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$11.54/SF/YR
1104 Jackson Blvd
1104 Jackson Boulevard, Overlook South, Rapid City, SD
Space Type
Office
1 space

3,120 SF
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$20.00/SF/YR
Peaks on the Horizon in Rapid City, SD
7201 Mt Rushmore Rd, Moon Meadows Estates, Rapid City, SD
Space Type
Office
1 space

3,315 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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$410,000
Development Opportunity
Old Folsom Road, Rapid City, SD
Property Type
Industrial
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$10.00 - $12.00/SF/YR
1931 Dyess Ave
1931 Dyess Avenue, Silver Strike, Rapid City, SD
Space Type
Industrial
2 spaces

4,000 SF
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$42.11 - $70.00/SF/YR
Office Space For Lease
811 E Saint Andrew St., Hansen Heights, Rapid City, SD
Space Type
Office
2 spaces

57 - 111 SF
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$17.35/SF/YR
2001 7th St
2001 7th Street, South Boulevard, Rapid City, SD
Space Type
Office
1 space

720 SF
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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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$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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$3,300,000
2315 Mt Rushmore Rd
2315 Mount Rushmore Road, Woodridge, Rapid City, SD
Property Type
Retail
11,085 SF
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$8.50/SF/YR
New Warehouse Space with Yard & Parking Flexibility
3460 Jet Drive, Rushmore Regional Industrial Park, Rapid City, SD
Space Type
Industrial
2 spaces

4,000 - 6,000 SF
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$250,000
1025 Endeavour Blvd
1025 Endeavour Boulevard, Lagrand, Rapid City, SD
Property Type
VacantLand
1 of 1
$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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$100,000
431 N River Hot Springs
431 North River Street, Hot Springs Center, Hot Springs, SD
Property Type
Retail
Built in 1929

1,475 SF
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$2,340,000
E Anamosa St
East Anamosa Street, Menard, Rapid City, SD
Property Type
VacantLand
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$2,400,000
12005 US Hwy 16
12005 U.S. 16, Fourmile, Custer, SD
Property Type
Other
Built in 1977

9,796 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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$599,000
2001 7th St
2001 7th Street, South Boulevard, Rapid City, SD
Property Type
Office
Built in 1965

4,662 SF
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2 of 2
$195,349
Villa Drive Lots Near Liberty Plaza
Villa Drive, Skyway, Box Elder, SD
Property Type
VacantLand
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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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$3,000,000
4651 Seger Dr
4651 Seger Drive, Seger Crossing, Box Elder, SD
Property Type
Industrial
Built in 2025

16,000 SF
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$28.00 - $37.00/SF/YR
1905 N Plaza Blvd
1905 North Plaza Boulevard, Fountain Springs, Rapid City, SD
Space Type
Office
2 spaces

180 - 345 SF
1 of 1
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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$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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$16.50/SF/YR
4040 Cheyenne Blvd
4040 Cheyenne Boulevard, Lagrand, Rapid City, SD
Space Type
Office
1 space

1,615 SF
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$8.50/SF/YR
1821-1825 Samco Road
1825 Samco Road, Century Park, Rapid City, SD
Space Type
Industrial
1 space

2,616 SF
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$400,000
Roy's Black Hills Twin Drive-In
810 Tenaya Street, Hermosa, SD
Property Type
Unassigned
Built in 2012

2,624 SF
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$2,700,000
TBD NORMAN AVENUE
Norman Avenue, Black Hawk, SD
Property Type
Other
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$18.00/SF/YR
909 St Joseph Street
909 Saint Joseph Street, Downtown Rapid City, Rapid City, SD
Space Type
Office
1 space

2,593 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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$6.85/SF/YR
17 New York St
17 New York Street, North Rapid, Rapid City, SD
Space Type
Retail
1 space

11,400 SF
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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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$1,269,817
360 Disk Dr
360 Disk Drive, Rushmore Mall, Rapid City, SD
Property Type
VacantLand
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Price on request
Flat commercial lot for sale
2015 Hope Ct, Cedar Chase Acres, Rapid City, SD
Space Type
Land
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$16.00/SF/YR
New Construction Retail / Warehouse Units
2515 East Saint Patrick Street, Rapid City, SD
Space Type
Industrial
6 spaces

1,500 SF

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Rapid City Industrial Space

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The Black Hills, SD Commercial Real Estate Market at a Glance

The commercial real estate market in Black Hills, SD includes commercial property of all types. To put it in numbers, there are 281,151 square feet of commercial space in 81 commercial properties across the city. If you are not familiar with commercial real estate in Black Hills, SD, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Black Hills, SD

You can search 77 commercial real estate space listing(s) currently available for rent in Black Hills, SD, which represents a total of 281,151 square feet. Leasing opportunities here include 37 office listing(s), 23 industrial and warehouse listing(s), 17 retail space listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Black Hills, SD. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Black Hills, SD Commercial Real Estate Listings for Rent

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

Office 25 203,490 N/A

Retail 16 887,446 $18.78

Industrial 17 166,440 $12.43

Other 1 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Black Hills, SD

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Black Hills, SD

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 38 commercial property for sale listing(s).

Depending on aspects such as location, market particularities, and property potential, office space can be transformed and adapted to accommodate a great variety of tenant businesses and institutions. Options of commercial real estate for sale in Black Hills include 5 office building for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 4 industrial real estate for sale listing(s) currently marketed in Black Hills.

Interested in retail property investment? The local market currently offers 7 retail space for sale listing(s), complete with essential listing details, property data, and broker contact information.

Black Hills, SD Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Office 5 203,490

Retail 7 887,446

Industrial 4 166,440

Other 21 265,645

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Black Hills, SD

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Black Hills, SD

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

In Black Hills, SD, you will find the highest number of commercial property for rent or for sale listings in the Downtown Rapid City neighborhood. Searching by different property types, you’ll find that the Downtown Rapid City neighborhood currently offers the highest number of office space opportunities. Meanwhile, you’ll find the highest number of local retail for rent or investment listings in the Downtown Rapid City neighborhood. Industrial opportunities on the local market are mostly concentrated in the Seger Crossing neighborhood.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.