Back to Previous Page 2001 7th St

Medical Office Investment - For Sale

$599,000

Bldg 4,662 SF | Land 0.32 Acres | 2 Stories

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Property Information

List Price $599,000

Zoning General Commercial

Bldg SF 4,662

Bldg $/SF $128

Year Built 1965

County Pennington County

Acres 0.32

Property Overview

The 4,482 SF building is divided into three suites, with two tenants in place (PT-OT and Hearing Solutions) and one 720 SF suite currently vacant. The layout supports a mix of private offices and open work areas, allowing it to function as either a multi-tenant asset or a larger user footprint. The building includes three separate entrances, including an ADA-accessible entry, with a basement level providing additional storage and utility space. Recent capital improvements totaling over $139,000 include a new roof, parking lot asphalt, and mechanical updates. The 720 SF suite is offered for lease at $1,400/month, utilities included, creating a clear path to increasing income or accommodating an owner-user. The owner will sign a master lease for the full property for two years, if desired. For additional information or to schedule a showing, contact Chris Long at 605-335-8100 or Gina Plooster at 605-519-0749.

Highlights

This multi-tenant office property offers in-place income in a central Rapid City location, just off Mount Rushmore Road near St. Patrick Street. 

Listing Agents

Chris Long

Chris Long

SIOR, CCIM

Commercial Broker

(605) 939-4489

Professional Summary
Chris specializes in investment, industrial, office, land, multifamily, and hospitality transactions throughout Rapid City and the Black Hills. With more than two decades of experience in real estate research, institutional multifamily operations, revenue management, and brokerage, he brings a disciplined, market-driven approach to every assignment.

Clients rely on Chris for strategic pricing, financial analysis, and structured negotiation informed by institutional experience. He advises property owners and investors with clear communication and data-backed recommendations from evaluation through closing.

Experience & Background
Chris began his career in Denver as a research associate with The Meyers Group, leading new development research and publishing reports on market trends and absorption.

In 2003, he joined UDR, Inc., a national multifamily real estate investment trust, where he served as Director of Pricing and Revenue Management. He led the nationwide rollout of yield management software across more than 230 properties, contributing to sustained revenue growth.

After relocating to South Dakota in 2010, Chris built the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 16 years, Rapid City Commercial has led the region in both sales and leasing volume. In the last five years, the team has completed more than 550 transactions totaling over $425 million in volume, ranking #1 in the KW Commercial North Central Region and among the top 20 nationwide.
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Gina Plooster

Gina Plooster

Broker Associate

(605) 519-0749

With 18 years of experience wearing many hats throughout her commercial real estate career, Gina started her real estate journey with corporate firm JLL as a brokerage coordinator for their Chicago industrial team, supporting their business development, supply chain consulting and site selection projects. After returning home to South Dakota, she joined KW Commercial in June of 2017 as marketing & listing coordinator, becoming familiar with Rapid City’s market and changing focus from business-to-business sales to direct-to-consumer marketing. Recognizing the steady growth of the area and the opportunity to make an impact, in 2021, Gina took the natural next step to leasing agent helping tenants and landlords lease commercial property in an increasingly competitive market.

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