406 5th St, Rapid City, SD 57701
406 5th St, Rapid City, SD 57701
406 5th St, Rapid City, SD 57701
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Nick Dowling

Nick Dowling

+1(605) 484-8988
$1,399,900
Est. payment /mo
0.3 Acres Lot
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 178649

Lot Size 0.303 Acres

Property Sub-Type Other

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.

Location

State SD

County Pennington

Area City Center

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Listed by CINC REALTY LLC

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Nick Dowling

Nick Dowling

+1(605) 484-8988

Broker Associate | License ID: 16307

Broker Associate License ID: 16307

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