Great downtown location, 3 separately platted properties sold together 2 being used as beauty salons and one a single-family rental, all three could be used for Retail, Office, Airbnb or many other uses, zoning is downtown business district and none of the properties are historic so they could be removed for a new building no off-street parking requirements for a new building, long term renters and room for rent increases when the current lease term is over. lots of possibilities for these properties with a great central downtown location.
Property Details
Price:
$575,000
MLS #:
87619
Status:
Active
Baths:
0
Type:
Commercial
Subdivision:
Original Town of Rapid City
Neighborhood:
rapidcitycitycenter
Listed Date:
Mar 2, 2026
Finished Sq Ft:
3,072
Lot Size:
6,969 sqft / 0.16 acres (approx)
See this Listing
Schools
Interior
BASEMENT/SUBSTRUCT
Full Basement
COOLING
Window Evap.
HEATING
Natural Gas, Forced Air
Exterior
CONSTRUCTION
Frame
EXTRAS
Hi- Traffic Location, High Visibility
IMPROVEMENTS
None
LOT DESCRIPTION
Corner Lot
MINERAL RIGHTS
Unknown
PARKING
Street Parking
ROAD SURFACE
Concrete
SOIL CLASS
Unknown
Financial
UTILITIES- SEWER
City ( At Site)
Map
Community
- Address722 5th Street Rapid City SD
- NeighborhoodRapid City – City Center
- SubdivisionOriginal Town of Rapid City
- CityRapid City
- Zip Code57701
Subdivisions in Rapid City
- Acre Tract
- Arrowhead Estates
- Auburn Hills Subdivision
- Autumn Hills
- Berger Subdivision
- Best
- Big Sky
- Boulevard Addition
- Bridle Ridge
- Brookfield
- Brookside
- Canyon Lake Heights
- Canyon Place Subdivision
- Canyon Springs Preserve
- Catron Crossing
- Chalkstone Condominiums
- Chalkstone Subdivision
- Chapel Valley
- CHMH
- Clear Creek Tracts
- Copper Oaks
- Copperfield Subdivision
- Copperfield Vistas
- Countryside
- Creekside
- Dakota Ridge
- Deadwood Avenue
- Deblen
- Diamond Ridge Subdivision
- Dugger Subdivision
- East Mall Business Center
- Eastridge Estates Subdivision
- Elk Creek Subdivision
- Elks Country Estates
- Elks Crossing
- Enchanted Hills 3
- Erickson
- Evergreens Condominiums II
- Fairway Hills PRD
- Fifth Street Office Plaza
- Flormann Subdivision
- Forefather Flats
- Forest Homes Development
- Forest Park Estates
- Fountain Springs Business Park
- Gateway Business Park
- Geidel
- Green Acres
- Harmony Heights
- Harney Peak VW
- Heartland Retail Center
- Highpointe Ranch
- Highpointe Ranch North
- Hills View RC
- Hillsview Haven Subdivision
- Homestead
- Johnson Ranch
- K-W Subdivision
- Kateland Subdivision
- LaGrand
- Lakeview #2
- Legacy
- Liberty Plaza Subdivision
- Loveland Canyon Estates
- Mahoney Addition
- Mallow Addition
- McMahon Subdivision
- Meadowlark Hills
- Merchen Addition
- Millard Addition
- Minnesota Park Subdivision
- MJK
- Morningside Subdivision
- Munderloh
- Murphy Ranch Estates
- Murphy Ranch Estates Subdivision
- Neffs Subdivision #1
- Nichols Subdivision
- Norris Peak Subdivision
- North Rapid Add #2
- North Rapid Addition
- Northbrook Village
- Northridge Subdivision
- Nowlin & Wood Replat
- Original Town
- Original Town of Rapid City
- Owen Mann
- Pactola Estates
- Park Meadows
- Parkridge Village
- Pine Cliff Subdivision
- Pinedale
- Pinedale Addition
- Plateau
- PLM Subdivision
- Prairie Fire
- Prairie Meadows Subdivision
- Quartz Canyon
- Radio Towers
- Red Rock Estates
- Red Rock Meadows
- Ridge at Catron Crossing
- Ridge Park Estates
- Rimrock Highland Est
- Robbinsdale
- Robbinsdale #10
- Robbinsdale #9
- Robbinsdale 7
- Robbinsdale Terrace #2
- Rolling Dice Subdivision
- Rushmore Center
- Rushmore Regional Industrial Park
- Sabow Ranch Homesteads
- Salebarn Subdivision
- Sandstone Ridge Condominum
- Schamber Subdivision
- Schnasse
- Scotland Hills Subdivision
- Settlers Creek Townhomes
- Shepard Hills Subdivision
- Shepard’s Meadow Mobile Home Community
- Shepherd Hills
- Sheridan Heights Subdivision
- ShopKo Addition
- Skyline Pines East
- South Boulevard Subdivision
- South Meadowwood
- South Park
- South Robbinsdale Subdivision
- Spring Brook Acres Subdivision
- Spring Brooks Acres Subdivision
- Stahl Victorian Addition
- Stoney Creek Reserve
- Stoney Creek Subdivision
- Strathavon
- Sunnyside
- Sunnyvale Subdivision
- Sunrise Heights
- Sunset Ridge
- Taklha
- Terracita Highlights
- The Cottonwoods
- Trailwood Village
- Valley View
- Valley Way
- Village on the Green 3
- Wellington Heights
- West Boulevard Addition
- Western Heights
- Wildwood
Market Summary
Current real estate data for Commercial in Rapid City as of May 23, 2026
66
Commercial Listed
271
Avg DOM
56
Avg $ / SqFt
$732,800
Avg List Price
Property Summary
- Located in the Original Town of Rapid City subdivision, 722 5th Street Rapid City SD is a Commercial for sale in Rapid City, SD, 57701. It is listed for $575,000
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© 2026 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.
Courtesy of The Real Estate Group Rapid City. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.

722 5th Street
Rapid City, SD
