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$275,000
177480 MLS
$50,000 PRICE REDUCTION JULY 2026!! LISTED BY BOBBY SUNDBY 605-209-2777. ZONED OFFICE COMMERCIAL, WHICH ACCOMMODATES MULTI FAMILY/APARTMENTS. LIKELY REZONE ABILITY TO LIGHT IND. WHICH IS IN THE AREA AND/OR ADJACENT. MULTI FAMILY OPTION FOR USE OF THIS LAND: DIRECTLY ACROSS FROM FOUNTAIN SPRINGS CHURCH AND NEXT TO STRIDER. THIS LISTING INCLUDES LAND ALONG WITH APPROVED-BY-CITY/READY FOR BUILDING PERMIT LETTER ACCEPTING 28 UNIT APARTMENT PROJECT WITH COMPLETED ENGINEERING AND DESIGN. ONE SIXTEEN UNIT BUILDING, 12 UNIT BUILDING & 17 GARAGES. CITY WATER/SEWER. GREAT VIEWS AND LOCATION. BUILD BOTH BUILDINGS AT ONCE OR CONSIDER ONE AT A TIME. ALL TWO BEDROOM TWO BATH UNITS. SEE ATTACHED DRONE VIDEO. EXTENSIVE/COMPREHENSIVE PLANS AVAILABLE BY CONTACTING 605-209-2777. LISTED BY BOBBY SUNDBY 605-209-2777. BROKER OWNED.

2015 N Plaza Dr, Rapid City

$710,000
87437 MLS
Lot B. The northeast corridor of Rapid City, South Dakota, is rapidly evolving into one of the region’s most dynamic growth areas, making it an exceptional opportunity for commercial investment. Fueled by steady population growth and a strong tourism- and industry-driven economy, this corridor is seeing significant public and private investment, including major infrastructure upgrades to key routes such as East North Street, Eglin Street, and the North LaCrosse intersection. Located just South of Interstate 90 and West of the Elk Vale Rd, Lot B, to be legally described from the larger lot, is a flat, shovel-ready 1.63-acre commercial lot—whether positioned as General Commercial or Light Industrial—that presents exceptional development flexibility and strong upside potential. Each zoning path offers distinct advantages, allowing an owner or investor to align the site with either high-visibility, customer-driven uses or efficient, income-focused operations. The choice ultimately depends on whether the goal is maximum exposure and consumer traffic or long-term, stable operational returns. National franchise neighbors on both sides of Elk Vale include Taco John's, Subway, Papa John's, McDonald's, Arby’s, and Taco Bell. National brand hotels include Best Western Plus, Sleep Inn & Suites, and Baymont by Wyndham. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

3610-B Eglin Street, Rapid City

$710,000
87436 MLS
Lot A. The northeast corridor of Rapid City, South Dakota, is rapidly evolving into one of the region’s most dynamic growth areas, making it an exceptional opportunity for commercial investment. Fueled by steady population growth and a strong tourism- and industry-driven economy, this corridor is seeing significant public and private investment, including major infrastructure upgrades to key routes such as East North Street, Eglin Street, and the North LaCrosse intersection. Located just South of Interstate 90 and West of the Elk Vale Rd, Lot A, to be legally described from the larger lot, is a flat, shovel-ready 1.63-acre commercial lot—whether positioned as General Commercial or Light Industrial—that presents exceptional development flexibility and strong upside potential. Each zoning path offers distinct advantages, allowing an owner or investor to align the site with either high-visibility, customer-driven uses or efficient, income-focused operations. The choice ultimately depends on whether the goal is maximum exposure and consumer traffic or long-term, stable operational returns. National franchise neighbors on both sides of Elk Vale include Taco John's, Subway, Papa John's, McDonald's, Arby’s, and Taco Bell. National brand hotels include Best Western Plus, Sleep Inn & Suites, and Baymont by Wyndham. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

3610-A Eglin Street, Rapid City

$710,000
177478 MLS
Lot B. The northeast corridor of Rapid City, South Dakota, is rapidly evolving into one of the region’s most dynamic growth areas, making it an exceptional opportunity for commercial investment. Fueled by steady population growth and a strong tourism- and industry-driven economy, this corridor is seeing significant public and private investment, including major infrastructure upgrades to key routes such as East North Street, Eglin Street, and the North LaCrosse intersection. Located just South of Interstate 90 and West of the Elk Vale Rd, Lot B, to be legally described from the larger lot, is a flat, shovel-ready 1.63-acre commercial lot—whether positioned as General Commercial or Light Industrial—that presents exceptional development flexibility and strong upside potential. Each zoning path offers distinct advantages, allowing an owner or investor to align the site with either high-visibility, customer-driven uses or efficient, income-focused operations. The choice ultimately depends on whether the goal is maximum exposure and consumer traffic or long-term, stable operational returns. National franchise neighbors on both sides of Elk Vale include Taco John's, Subway, Papa John's, McDonald's, Arby’s, and Taco Bell. National brand hotels include Best Western Plus, Sleep Inn & Suites, and Baymont by Wyndham. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

3610-B Eglin, Rapid City

$710,000
177477 MLS
Lot A. The northeast corridor of Rapid City, South Dakota, is rapidly evolving into one of the region’s most dynamic growth areas, making it an exceptional opportunity for commercial investment. Fueled by steady population growth and a strong tourism- and industry-driven economy, this corridor is seeing significant public and private investment, including major infrastructure upgrades to key routes such as East North Street, Eglin Street, and the North LaCrosse intersection. Located just South of Interstate 90 and West of the Elk Vale Rd, Lot A, to be legally described from the larger lot, is a flat, shovel-ready 1.63-acre commercial lot—whether positioned as General Commercial or Light Industrial—that presents exceptional development flexibility and strong upside potential. Each zoning path offers distinct advantages, allowing an owner or investor to align the site with either high-visibility, customer-driven uses or efficient, income-focused operations. The choice ultimately depends on whether the goal is maximum exposure and consumer traffic or long-term, stable operational returns. National franchise neighbors on both sides of Elk Vale include Taco John's, Subway, Papa John's, McDonald's, Arby’s, and Taco Bell. National brand hotels include Best Western Plus, Sleep Inn & Suites, and Baymont by Wyndham. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

3610-A Eglin, Rapid City

$9,060,000
87427 MLS
Rapid City is a core regional market serving the Black Hills and a multi-state trade area spanning western South Dakota, northeastern Wyoming, and portions of Nebraska and Montana—supporting durable tenant demand and long-term cash flow. The property is located on Haines Avenue just south of Interstate 90, with traffic counts exceeding 35,000 vehicles per day. This highly visible site offers excellent access and consistent customer flow. Haines Avenue is a primary north–south arterial connecting I-90 to downtown Rapid City and the city’s main medical corridor. Recent capital improvements (2024–2025) include an extensive interior remodel (including multiple office/warehouse spaces on the 27,342sf, 2nd floor mezzanine), parking lot refinishing and restriping, new LED lighting, and exterior paint. Planet Fitness invested over $2.5 million in its approximately 30,000-square-foot space, reinforcing its long-term commitment. Tenants have executed new 12-year NNN leases with multiple 5-year renewal options, providing stable, predictable income. The investment offers a 7.50% Year One cap rate on base rent, with tenant reimbursement of capital improvements over an amortized term. Offered as part of a four-property portfolio. Additional details available in the Offering Memorandum. Listed by: Randy Olivier, RE/MAX Advantage | 605-430-6246

1845 Haines Avenue, Rapid City

$9,060,000
177466 MLS
NNN Investment Opportunity – Rapid City represents a core regional market for net-lease investment, serving as the commercial hub for the Black Hills and a multi-state trade area encompassing western South Dakota, northeastern Wyoming, and portions of Nebraska and Montana. This depth of regional draw supports long-term tenant performance and durable cash flow. The subject property is strategically positioned on Haines Avenue, immediately south of Interstate 90, benefiting from average daily traffic counts exceeding 35,000 vehicles. This prime location offers exceptional visibility, ease of access, and sustained customer traffic—key drivers of tenant sales and lease longevity. Haines Avenue is a major north–south arterial that directly connects I-90 to downtown Rapid City and the city’s primary medical corridor. In 2024 and 2025, the property underwent extensive capital improvements, including a full interior remodel (including the office space in the 27,342 sf 2nd-floor mezz), acomplete parking lot refinish and restriping, new LED parking lot lighting, and fresh exterior paint. The Planet Fitness tenant alone invested more than $2.5 million into improvements within its approximately 30,000-square-foot space, further reinforcing its long-term commitment to the location. Each tenant (see addendum for details) has recently executed a new 12-year initial lease term with multiple 5-year renewal options, providing stable, predictable income under a true NNN structure. This NNN investment delivers a 7.50% Year One cap rate on base rent, with strong downside protection. Although the landlord advances capital improvement costs, the tenant reimburses these expenses over an amortized term, effectively mitigating long-term ownership exposure. This property is being offered as part of a four-property portfolio. Additional information on the remaining three properties is available in the attached Offering Memorandum. Listed by: Randy Olivier RE/MAX Advantage 605-430-6246

1845 Haines Ave, Rapid City

$419,900
4 Beds 177456 MLS
Maximize space, efficiency, and long-term value with this strategically located four-level home offering exceptional square footage at a competitive price point. Just minutes from Ellsworth Air Force Base, major conveniences, and within walking distance to schools, this property delivers both everyday practicality and strong market appeal. Designed with functionality in mind, the layout creates separation between entertaining, work, and private living spaces. The upper-level features three bedrooms, including a primary suite with private bath and walk-in closet, plus upper-level laundry for added convenience. Vaulted ceilings and a gas fireplace anchor the main living area, while the kitchen and dining space open directly to the back deck for seamless indoor-outdoor living. The lower-level family room provides additional flex space ideal for entertaining, remote work, or multi-purpose use. The basement adds even more versatility with a spacious bedroom, hobby or storage room, and utility space. An oversized insulated two-car garage, fully fenced backyard, mature trees, and established landscaping complete the property. For buyers who value usable space, strategic location, and long-term upside, this home delivers a rare combination of comfort, efficiency, and value. Schedule a showing today! Listed by Kelly McGregor, Berkshire Hathaway HomeServices Midwest Realty 605-390-9568

4624 Patricia St, Rapid City

$599,900
5 Beds 177444 MLS
Escape to your own Black Hills turnkey retreat! Listed by Kevin Andreson, KWBH 605-646-5409. Just minutes from Pactola Lake, this 5-bedroom, 3.5-bath home offers the perfect blend of rustic charm, privacy, and functionality—ideal as a full-time retreat, vacation getaway, or high-potential short-term rental. Designed for gathering and relaxation, the home features spacious bedrooms throughout and two main-level suites with private baths, making it well-suited for hosting large families or guests. Inside, a striking fireplace and hearth anchor the living space and create a warm, lodge-style atmosphere. Outdoor living is where this property truly shines. Enjoy an oversized front deck with metal railings, a large back patio built for summer evenings, and a classic horseshoe pit for entertaining. Two exterior outbuildings provide excellent storage or the perfect playhouse setup, plus a detached one-car garage for added convenience. Major updates include a brand-new architectural, impact-resistant shingle roof installed in 2025 and a brand new front deck. The home is also being offered furnished, saving thousands and making it move-in or rental ready for a great investment property from day one. Located centrally to explore Rapid City, Deadwood, and Hill City, this property delivers the best of Black Hills living—adventure by day, peaceful retreat by night just minutes from Pactola Lake. Most importantly a place to make lifetime memories with friends and family.

12776 Black Forest Rd, Rapid City

$599,900
5 Beds 4 Baths 87412 MLS
Listed by Kevin Andreson, KWBH 605-646-5409. Escape to your own Black Hills turnkey retreat. Just minutes from Pactola Lake, this 5-bedroom, 3.5-bath home offers the perfect blend of rustic charm, privacy, and functionality—ideal as a full-time retreat, vacation getaway, or high-potential short-term rental. Designed for gathering and relaxation, the home features spacious bedrooms throughout and two main-level suites with private baths, making it well-suited for hosting large families and guests. Inside, a striking fireplace and hearth anchor the living space and create a warm, lodge-style atmosphere. Outdoor living is where this property truly shines. Enjoy an oversized front deck with metal railings, a large back patio built for summer evenings, and a classic horseshoe pit for entertaining. Two exterior outbuildings provide excellent storage or the perfect playhouse setup, plus a detached one-car garage. Major updates include Euroshield weathertite architectural, impact-resistant shingle roof and a brand new oversized front deck. The home is also being offered furnished, saving thousands and making it move-in or rental ready from day one or if you're wanting an investment property in a key area! Located centrally to explore Rapid City, Deadwood, and Hill City, this property delivers the best of Black Hills living—adventure by day, peaceful retreat by night just minutes from Pactola Lake. Most importantly a place to make lifetime memories with friends and family.

12776 Black Forest Road, Rapid City

$605,000
3 Beds 3 Baths 87389 MLS
Listed by Terssa Markworth RE/MAX IN THE HILLS 605-639-1078. Lovely home minutes from Pactola and Sheridan Lake Off 385. Built in 1972 at 800 sq feet and was expanded and upgraded in 2011. In 2011 approx. 1800 square feet was added then was replumbed, electrical updated, and new kitchen. Beautiful solid oak woodwork throughout the home. 2 primary suites each with own bathroom. These two suites both have large walk-in closets, with separate entrances to the hot tub. In 2022 the main bathroom was updated. The smaller Non-conforming bedroom on the main floor has a closet, but no windows, it has two doors for exits. This could be an office, reading nook, breakfast nook, craft room or guest room. Home sits on two lots with an extra 12x12 storage building. Roses and Flowers are stunning in summer! Sellers are adding a new front screen door soon.

12734 N Prairie Creek Road, Rapid City

$299,900
87370 MLS
Westside commercial opportunity offering versatility, functionality, and prime workspace potential. This well-located building features over 1,900 square feet of garage space, ideal for automotive, service, or specialty trade use. The front of the building includes a reception area with potential waiting room. The rear of the property provides additional workspace, previously utilized by a machinist, offering flexible layout options for fabrication, storage, or expanded operations. With multiple work zones and a practical flow from front office to rear production space, this property is well-suited for owner-users or investors seeking adaptable commercial space on the Westside. A solid opportunity for businesses looking to establish or expand in a high-demand area with room to grow.

2911 W Omaha Street, Rapid City

$299,900
177376 MLS
Westside commercial opportunity offering versatility, functionality, and prime workspace potential. This well-located building features over 1,900 square feet of garage space, ideal for automotive, service, or specialty trade use. The front of the building includes a reception area with potential waiting room. The rear of the property provides additional workspace, previously utilized by a machinist, offering flexible layout options for fabrication, storage, or expanded operations. With multiple work zones and a practical flow from front office to rear production space, this property is well-suited for owner-users or investors seeking adaptable commercial space on the Westside. A solid opportunity for businesses looking to establish or expand in a high-demand area with room to grow.

2911 W Omaha, Rapid City

$579,900
3 Beds 177321 MLS
Welcome to this stunning single-level home in the desirable Elks Country Estates subdivision! With 1,784 sq ft, this thoughtfully designed residence features 3 bedrooms, 2 baths, and an open, light-filled layout that flows effortlessly. Enjoy the dramatic feel of 9' ceilings with Marvin windows, beautiful solid surface countertops, and a cozy gas fireplace perfect for relaxing evenings. The spacious master suite offers a private retreat, while the covered patio invites outdoor living and entertaining year-round. A 3-car garage provides abundant space for vehicles and storage. Don’t miss the chance to make this exceptional property your new home in one of the area’s most beloved neighborhoods! *Landscaping is added for visual effect.

4425 Augusta Dr, Rapid City

$3,249,000
177291 MLS
Listed by Brian Gill, with CENTURY 21 ClearView Realty, (605) 641-3465. Introducing a versatile commercial investment opportunity with a very desirable location near all the medical facilities around Monument Health Hospital, known as the "Medical Mile". Exceptional functionality and great visibility off of Catron Boulevard just 1/2 mile from the Stumer Rd. Walmart. This attractive newer two year old property has a total of 17,400 sq. ft., with 10 units and runs 100% occupancy. Tenants are all high quality, well established businesses with long term leases and options to renew. Enjoy the passive income opportunity with the flexibility for either 100% multi-tenant occupancy, or partial rental income for an owner occupant. This location is poised to take advantage of the Catron Boulevard / 5th Street expansion that has been ongoing and will be ramping up in the near future. Each unit has both front and rear off street parking, with heated concrete zero entry front entrances, 14 ft. ceilings and a 12 ft. overhead door with an additional entrance in back. This is NOT a metal warehouse building. This is a high quality Business Park constructed conventionally with 2x8 walls and is extremely well insulated and energy efficient. It has 15 Security Cameras throughout the exterior of the property. Six out of the 10 tenants are medical related businesses with their own security system in place. Gas and electric services are metered separately, and water is divided among all the tenants at $40 monthly. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.

5626 Fargo Ln, Rapid City

$519,900
5 Beds 3 Baths 87295 MLS
Listed by Lori Barnett, Engel & Völkers 605-786-5817. Nestled in the prestigious Red Rock Estates at Red Rocks Golf Course, this stunning 5-bedroom, 3-bathroom home offers nearly 3,000 sq ft of beautifully designed living space. NEW siding, roof and gutters! Step inside to find custom light fixtures, updated solid doors, and custom closets throughout, adding both style and functionality. The kitchen boasts updated appliances, perfect for any home chef. Relax in comfort with a heated basement bathroom floor and an on-demand hot water heater ensuring endless warmth. The heated garage provides convenience year-round. HOA is $120/month, covering snow removal and lawn care, allowing for low-maintenance living. This home offers an unbeatable location with breathtaking surroundings and easy access to golf and outdoor recreation. Don't miss the opportunity to own in one of the most desirable neighborhoods in the Black Hills!

6533 Muirfield Drive, Rapid City

$519,900
5 Beds 177285 MLS
Listed by Lori Barnett, Engel & Völkers Black Hills, 605.786.5817. Nestled in the prestigious Red Rock Estates at Red Rocks Golf Course, this stunning 5-bedroom, 3-bathroom home offers nearly 3,000 sq ft of beautifully designed living space. NEW siding, roof and gutters. Step inside to find custom light fixtures, updated solid doors, and custom closets throughout, adding both style and functionality. The kitchen boasts updated appliances, perfect for any home chef. Relax in comfort with a heated basement bathroom floor and an on-demand hot water heater ensuring endless warmth. The heated garage provides convenience year-round. HOA is $120/month, covering snow removal and lawn care, allowing for low-maintenance living. This home offers an unbeatable location with breathtaking surroundings and easy access to golf and outdoor recreation. Don't miss the opportunity to own in one of the most desirable neighborhoods in the Black Hills!

6533 Muirfield Dr, Rapid City

$600,000
4 Beds 177243 MLS
Welcome to this beautifully maintained west side home offering nearly 3,200 square feet of finished living space on a rare 2.29 acre parcel. Step inside to discover numerous updates throughout, including luxury plank flooring, newer carpeting, updated solid core knotty alder interior doors and trim, fresh paint, and a maintenance-free exterior. Large windows throughout the home invite abundant natural light and showcase stunning views of the surrounding landscape. The main level features two spacious bedrooms, two bathrooms, a generously sized kitchen, formal dining room, laundry area, and a cozy family room complete with a fireplace. The lower level offers a large secondary living room, one additional bedroom, 1 NTC bedroom, a full bathroom, and a substantial storage area. Recent mechanical updates include a new A/C unit, furnace, and water heater, providing peace of mind and energy efficiency. One of the home’s standout features is its incredible outdoor space. A bonus private well supports the beautifully landscaped yard, which is partially fenced for privacy and relaxation. In addition to the main lot, the property includes almost two acres of adjoining land, offering extra privacy or the potential for future development. However, there's no need to rush to build, as the area serves as a natural corridor for local wildlife, bringing a sense of tranquility and connection to nature right in the heart of the city. This dream home is within walking distance of Canyon Lake Park, a scenic bike path with miles of trails, Meadowbrook Golf Course, Rapid Creek, and has convenient access to the Black Hills. Imagine unwinding with a warm beverage beside the natural fireplace during a peaceful South Dakota winter evening. The oversized attached two-car garage provides easy access from both the backyard and the interior of the home. Don’t miss out on this rare opportunity to own a spacious, updated, and private retreat in one of the most desirable locations in the area.

3209 Park Dr, Rapid City

$535,000
2 Beds 177241 MLS
Whisper Ridge town home community. But wait... Its a SINGLE FAMILY!!! One level living with main floor laundry and Zero entry. Pictures will be updated as construction progresses. We have carefully selected quality products for you to customize your home with a choice of cabinets, countertops, siding, flooring colors and more. Quality products and finish work include James Hardie Maintenance Free Hardboard Siding, 2x6 exterior walls and 95+ Energy Efficient Heating/Cooling System, on demand water heater. Price includes dishwasher and microwave. Whisper Ridge sits within city limits, giving you easy access to urban conveniences—but with the feeling of peaceful privacy. Imagine a neighborhood that offers the best of both worlds! This property is under construction and scheduled to be completed 8/1/2026. Get in now to make selections! *** Pictures are taken from similar property. Tentative completion is 9/1/2026 Listed by Joe Muth 605-391-2426 and Cameron Cummings 605-209-3409 with Coldwell Banker BHL https://youtu.be/CzC01gJGobg

1108 Pinnacle Ct, Rapid City

$120,000
177224 MLS
What an opportunity! 1+ acre lot for your New Home. Convenient Rapid Valley location, with easy access to Rapid City, and BoxElder/Ellsworth. Affordably priced, with protective covenants in place, allowing New Construction, or New Modular/Manufactured (doublewide only) on permanent foundation. Hawthorne irrigation ditch crosses property with existing easement in place. (Ditch is no longer active, but easement will remain in place, with future use of ditch unknown at this time). There are many trees along ditch , which allow nice buffer to the south. Lot is platted (see attached), and we are working on identifying corner pins. Very nice homes in this area, and pride of ownership is obviously a priority. Don't let this one slip by. Tough to find this size lot, at a reasonable price, and this close to town. Rapid City water is located along Anderson Rd, and City Engineering stated that a "Tap" hookup to the existing line is acceptable. Contact L/A for details. WREA has power near, and with coordinate with Seller to extablish easement from overhead line to south, for overhead or underground service access to property. Utility hookups are responsibility of Buyers. Buyer/Buyers Agent to perform all due diligence to there satisfaction.

2920 Anderson Rd, Rapid City

$229,000
177196 MLS
Attention Entrepreneurs, Opportunity Seekers, Investors or those hungry for a change in careers. Affordable Adventure Tours is a turn-key business opportunity with everything needed to hit the ground running in the growing Black Hills tourism industry. Through it's top notch website, relationships with national tour companies and word-of-mouth referrals from a 5 star rating on Trip Advisor, Affordable Adventures has built a 34 year reputation as a go-to provider of narrated and guided tours throughout the Black Hills. Using their fleet of modern, clean travel coaches and engaging, experienced tour guides, the company is able to accommodate groups of 2 to 50. Sales were up 35% in 2025 and 2026 will be another record year. Bring your energy, your customer service focus, your enthusiasm and new ideas to add on to this well-established business. The hard parts have been done, now this is your opportunity to build on it. This is a link to their website:https://www.affordableadventuresbh.com

other Other, Rapid City