3,424 sqft

$360,000

501 KANSAS CITY, Rapid City SD, 57701

Price per sqft$105.14

Property size3,424 sqft

Property typeCommercial

Overview

Active

Listed Apr 8, 2026

Updated 3 weeks ago

Listed by Mike Bulich (605-786-8107) with Berkshire Hathaway HomeServices Midwest Realty. *** $25,000 PRICE REDUCTION*** Seize this opportunity to own the historic Pillen Optical Building, a prime corner lot on 5th Street and Kansas City in downtown Rapid City, positioned next to the exciting Block 5 project, which is part of the city's ongoing revitalization efforts. With a daily traffic count of 19,799, this 3,424 sq. ft. building offers 1,456 sq. ft. of retail and office space on the main floor featuring large storefront windows, historic woodwork, and built-in features. A spiral staircase leads to 650 sq. ft. of additional office space on the upper floor, while the basement provides 1,288 sq. ft. for storage or workshops. The zoning does not require off-street parking, adding to the flexibility of the location. Don’t miss this chance to invest in a high-traffic, high-visibility property at the heart of downtown Rapid City.

Other Property Details

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Listed by MICHAEL BULICH with BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY
Listing Contact:

The IDX display contains information sourced from the Black Hills Association of REALTORS® as of 9/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/17/2026 at 4:17 AM UTC