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605.858.0717 

$1,399,900
ACTIVE
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Specification
TypeOther
MLS #178649
Publication dateJul 01, 2026
Property ID: 17090
Updated: Jun 15, 2026
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, tony@cincrealty.com.
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406 5TH ST, Rapid City, SD, 57701, United States
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 devel… Read more
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