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406 5TH ST

Rapid City, SD 57701
  • $1,399,900
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 178649
UPDATED: 67 min ago
$1,399,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,197
    SQFT
  • $106
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Prime downtown Rapid City commercial opportunity in the heart of the fastest-growing market in the region. This multi-tenant property offers exceptional flexibility for investors, operators, and developers seeking a high-visibility location with average traffic counts of nearly 17,500 vehicles per day. The building supports a wide range of existing and future uses, including: Restaurant / Bar, Retail, Entertainment venue, Indoor/outdoor multimedia event center, Office, Residential &Storage. The iconic tower—long recognized as a local advertising beacon for over 100 years—remains undeveloped, offering a rare opportunity to add new leasable square footage or create a signature branding feature visible throughout downtown. Also available for purchase or lease is the existing operating business, which includes: Liquor license, Video lottery license, Restaurant/bar FF&E. This is a unique chance to acquire a versatile downtown asset with multiple income streams and significant upside potential. Call today to schedule a private tour and explore the full scope of this opportunity. Listed by Tony Marshall, CINC Realty, 605-391-8669.

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© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. Data last updated: 2026-05-21T00:16:16.167.
www.blackhillshomesd.com/homes/175752354
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406 5TH ST Rapid City, SD 57701

  • Price: $1,399,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 67 min ago
  • MLS #: 178649
0
Beds
0
Baths
0
½ Baths
N/A
Acres
13,197
SQFT
$106
$/SQFT
Neighborhood:
City Center
County:
Pennington
Area:
City Center
Property Description
Prime downtown Rapid City commercial opportunity in the heart of the fastest-growing market in the region. This multi-tenant property offers exceptional flexibility for investors, operators, and developers seeking a high-visibility location with average traffic counts of nearly 17,500 vehicles per day. The building supports a wide range of existing and future uses, including: Restaurant / Bar, Retail, Entertainment venue, Indoor/outdoor multimedia event center, Office, Residential &Storage. The iconic tower—long recognized as a local advertising beacon for over 100 years—remains undeveloped, offering a rare opportunity to add new leasable square footage or create a signature branding feature visible throughout downtown. Also available for purchase or lease is the existing operating business, which includes: Liquor license, Video lottery license, Restaurant/bar FF&E. This is a unique chance to acquire a versatile downtown asset with multiple income streams and significant upside potential. Call today to schedule a private tour and explore the full scope of this opportunity. Listed by Tony Marshall, CINC Realty, 605-391-8669.
Exterior Features

Parking Asphalt/Off-Street Road Frontage Major Artery View CityHills

Property Features

Auction YN No Building Use ManufacturingOfficeOffice/WarehouseOther (See Remarks)RestaurantRetailStorageStrip MallWarehouse Commercial Type Other Safety Features Sprinkler System Sale Or Lease For Sale Services City SewerCity WaterElectricityNatural Gas

© 2026 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tony Marshall of CINC REALTY LLC: 605-391-8669.


© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. Data last updated: 2026-05-21T00:16:16.167.
 
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Keller Williams Realty Black Hills
2401 W Main Street
Rapid City SD, 57702