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.

64 Listings

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$410,000
Development Opportunity
Old Folsom Road, Rapid City, SD
Property Type
Industrial
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$6.86/SF/YR
426 St Joseph St
426 Saint Joseph Street, Downtown Rapid City, Rapid City, SD
Space Type
Office
1 space

3,500 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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$10.00/SF/YR
2821 Plant Street
2821 Plant Street, Deadwood Avenue, Rapid City, SD
Space Type
Office
1 space

13,392 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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$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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$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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$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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$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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$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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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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$7.50 - $9.00/SF/YR
High-Visibility Retail, Showroom & Flex Space Near I-90
2255 Haines Avenue, Pine View, Rapid City, SD
Space Type
Retail
2 spaces

12,000 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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$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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$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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$699,000
Premium Retail, Office, or Hospitality Lot
1424 Luna Ave, Rushmore Center, Rapid City, SD
Property Type
VacantLand
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$1,185,000
1202 E SAINT FRANCIS ST Rapid City SD
1202 East Saint Francis Street, Rapid City, SD
Property Type
Industrial
Built in 1997

11,600 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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$16.00/SF/YR
New Construction Retail Units
2515 East Saint Patrick Street, Rapid City, SD
Space Type
Industrial
6 spaces

1,500 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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$574,992
Stumer Road Commercial Lot 11
Stumer Road, Black Hills Center, Rapid City, SD
Property Type
VacantLand
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From $600/month

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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$1,425,000
2620 Jackson Blvd, Unit B
2620 Jackson Boulevard, Sioux Park, Rapid City, SD
Property Type
Office
Built in 1985

11,843 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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$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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$20.00/SF/YR
Endcap Suite at Peaks on the Horizon
7201 Mt Rushmore Rd, Moon Meadows Estates, Rapid City, SD
Space Type
Office
1 space

3,315 SF
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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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$487,872
5th & Minnesota Office Commercial Site
107 Minnesota Street, Minnesota Park, Rapid City, SD
Property Type
VacantLand
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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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$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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$1,269,817
360 Disk Dr
360 Disk Drive, Rushmore Mall, Rapid City, SD
Property Type
VacantLand
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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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$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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$12.50/SF/YR
832 E Omaha St
832 East Omaha Street, Feigels, Rapid City, SD
Space Type
Industrial
1 space

2,400 SF
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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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$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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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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$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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$1,200,000
E Mall Drive Commercial Development Land
Mall Drive, Rushmore Mall, Rapid City, SD
Property Type
VacantLand
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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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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.