Back to Previous Page 25 & 29 MAIN STREET
FLEX BUILDING ON MAIN STREET
$499,000
Bldg 3,789 SF | Land 0.32 Acres | Class A | 1 Story
Property Information
List Price $499,000
Zoning Urban Commercial District
Bldg SF 3,789
Bldg $/SF $132
Year Built 1938
County Pennington
Acres 0.32
Bldg Class A
Highlights
1,254 SF office with full basement
2,262 SF garage/shop space
Fenced outside storage/parking and off street parking spaces
273 SF retail building located on adjacent parcel occupied by a barbershop on a MTM lease
Four overhead garage doors
Located in the heart of the Innovation District
Location Overview
Positioned on the corner of Main Street and 1st Street in the heart of Rapid City’s Innovation District, this 3,516 square foot property blends functionality with flexibility. The building features 1,254 square feet of office space and 2,262 square feet of shop area, complete with a full basement under the office portion. The shop includes four overhead doors, two service bays, two storage bays, and two restrooms—ideal for operations requiring flexibility and access. The office area offers two open workrooms and two restrooms, designed for collaboration and an open office concept. With both on-street and on-site parking, plus a large fenced equipment yard, the property supports a wide range of business needs. Included in the offering is an adjacent 273 square foot retail building, currently operated as a barber shop and available for occupancy in early 2026—making this a compelling investment or owner-user opportunity in one of Rapid City’s most dynamic growth areas.
Listing Agent
Commercial Broker
Chris began his career in Denver, CO as a research associate for The Meyers Group. During his time in this position, he led the new development research group and published monthly reports on sales trends and absorption rates in the local market.In 2003 he joined UDR, Inc., a national real estate investment trust focused on the multifamily sector. During his tenure with UDR, he held positions of financial analyst, operational strategist and 4 years as Director of Pricing and Revenue Management. Chris led a team in a nationwide rollout of yield management software for over 230 properties which led to industry wide adoption and industry leading revenue growth.After moving to South Dakota in 2010, Chris joined Sandra Runde and formed the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 12 years, the KW Commercial team has led the market in both commercial sales and commercial leasing volume. In the last 3 years his team has sold and leased nearly $200 Million in real estate placing them #1 in the North Central Region and ranked in the top 10 for KW Commercial nationwide.
