Black Hills, SD Commercial Real Estate

Search 81 commercial real estate listings in Black Hills, SD and find helpful local stats in the Market Overview section below.

2330 SOPHIA CT

2330 SOPHIA CT, Creekside Estates, Rapid City, SD
Property

Industrial

6,000 SF
Availability

1 Space

6,000 SF
For Lease

$5,125.00/MO
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TBD Lot 3 Dyess Ave, Rapid City SD

Rapid City Road, Silver Strike, Rapid City, SD
Property

VacantLand
Availability

1 Space

215,186 SF
For Lease

$0.19/SF/YR
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Rushmore Crossing

1225 Eglin St., Rushmore Crossing, Rapid City, SD
Property

Retail

700,000 SF
Availability

1 Space

6,400 SF
For Lease Contact for pricing
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Econo Lodge

541 Indianapolis Avenue, Catholican, Hot Springs, SD
Property

Other

20,312 SF
For Sale

$1,825,000
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22045 Hwy 34

22045 Hwy 34, Philip, Milesville, SD
Property

Mixed Use

4,080 SF
Year Built

2003
For Sale

$250,000
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1760 Centre Street

1760 Centre Street, Sale Barn, Rapid City, SD
Property

Office

1,000 SF
Availability

1 Space

1,000 SF
For Lease

$1,200.00/MO
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Deadwood Gulch Resort By Wyndham Hotels

304 Cliff Street, Deadwood, SD
Property

Other

52,855 SF
Year Built

1989
For Sale

$8,750,000
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Best Western Murdo

301 5th Street, Murdo, SD
Property

Other

22,500 SF
For Sale

$2,990,000
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Lot 2 Cimarron Drive, Box Elder SD 57719

Lot 2 Cimarron Drive, Cimarron, Box Elder, SD
Property

VacantLand
For Sale

$860,000
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516 7th Street

516 7th Street, Downtown Rapid City, Rapid City, SD
Property

Retail

3,278 SF
Availability

1 Space

3,278 SF
For Lease

$3,600.00/MO
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Rodeway Inn

1313 North Lacrosse Street, Knollwood Heights, Rapid City, SD
Property

Other

15,031 SF
For Sale

$1,900,000
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Endcap/Drive-through at 3851 Eglin Street, Rapid City SD

Rapid City Road, Lagrand, Rapid City, SD
Property

Retail

2,508 SF
Availability

1 Space

2,508 SF
For Lease

$15.00/SF/YR
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Hobby Lobby | 24 Years of Successful Occupancy

490 E Disk Dr, Rushmore Mall, Rapid City, SD
Property

Other

66,000 SF
For Sale

$4,400,000
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2929 Creek Dr, Rapid City SD

2929 Creek Dr, South Creek Industrial Park, Rapid City, SD
Property

Industrial

5,400 SF
Year Built

1993
For Sale

$775,000
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Sturgis Lodge & Suites

2431 Junction Avenue, Sturgis, SD
Property

Other

22,343 SF
For Sale

$2,950,000
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Large warehouse with offices - Hot Springs, SD

27592 Highway 79, Angostura Reservoir, Hot Springs, SD
Property

Industrial

48,769 SF
Year Built

2005
For Sale

$2,895,000
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1845 Haines Ave

1845 Haines Ave, Northern Heights, Rapid City, SD
Property

Unassigned

93,799 SF
Availability Contact for availability

For Lease Contact for pricing
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207 Main Street, Belvidere

207 Main Street, Belvidere, SD
Property

Retail

1,800 SF
Year Built

1975
For Sale

$450,000
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528 Kansas City St, Rapid City SD

528 Kansas City Street, Downtown Rapid City, Rapid City, SD
Property

Office

15,000 SF
Availability

3 Spaces

4,391 SF
Year Built

1954
For Lease

$12.14 - $15,588.00/SF/YR
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Retail space for lease

313 West Jackson Boulevard, Spearfish, SD
Property

Retail

2,970 SF
Availability

1 Space

2,970 SF
For Lease

$15.00/SF/YR
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Commercial Real Estate Listings in Black Hills, SD

The Black Hills real estate market has a lot to offer. You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.

Black Hills, SD Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Office 24 177,518 Sq. Ft.

Retail 15 871,787 Sq. Ft.

Industrial 10 143,981 Sq. Ft.

CRE for Rent in Black Hills, SD by Use Type

Office

14.88%

Retail

73.06%

Industrial

12.07%

Top Locations for Commercial Space in Black Hills, SD

Depending on the type of space that you’re looking for, different areas of Black Hills may suit your needs differently. The city’s Downtown Rapid City neighborhood has the highest concentration of CRE listings, offering 27 availabilities on the market. The Lagrand neighborhood is home to the second-largest number of leasing opportunities — 3 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown Rapid City.

Top Locations for CRE Listings in Black Hills, SD

Neighborhood with most CRE Listings No. of Spaces

Downtown Rapid City 27

Lagrand 3

Black Hills Center 3

Top Locations for Office Listings in Black Hills, SD

Neighborhood with most Office Listings No. of Spaces

Downtown Rapid City 26

South Boulevard 3

Deadwood Avenue 2

Areas with numerous industrial properties are also more likely to be well-connected logistically. The Cimarron area is the local Black Hills submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Black Hills, you’ll find the most such opportunities for lease to be in Lagrand.

Top Locations for Industrial Listings in Black Hills, SD

Neighborhood with most Industrial Listings No. of Spaces

Cimarron 2

South Creek Industrial Park 2

Creekside Estates 1

Top Locations for Retail Listings in Black Hills, SD

Neighborhood with most Retail Listings No. of Spaces

Lagrand 2

Rushmore Crossing 1

Downtown Rapid City 1

Commercial Real Estate for Sale in Black Hills, SD

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 361,623 square feet of commercial property for sale in Black Hills. The largest investment opportunity on the local market offers 66,000 square feet of earning potential.

It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in Black Hills, SD

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

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