Commercial Condos Rapid City

Industrial Property Investment South Dakota

Looking for commercial real estate in the Rapid City area?

Summerset Business Park offers a rare option in this market: small industrial condos you can actually own, in one of the fastest-growing metro areas in the Upper Midwest.

Strategic Location near Rapid City

Most commercial space in the Rapid City area is available to lease, not to buy.

Summerset Business Park is one of the few developments in the region offering small industrial bays, 1,250 to 2,500 SF, plus a private fenced yard, as a condo-style purchase, starting at $185,000.

Own Flexible Industrial Workspace

150,000+ metro population

with a 400,000+ person trade area within a two-hour drive

10% population growth since 2020

driven by tourism, healthcare, construction, and military investment

Direct access to Interstate 90

connecting the region's commercial and logistics traffic

Ellsworth Air Force Base

supports roughly 8,000 personnel and civilian employees, with the upcoming B-21 Raider mission expected to drive further long-term workforce growth

Very limited existing supply of small industrial space

available for ownership, despite strong and growing demand

Commercial Condo Investment

Small bay industrial real estate is one of the most sought-after commercial asset classes in the country right now, thanks to strong tenant demand, limited new supply, and historically low vacancy.

In the Rapid City market, comparable contractor bays commonly lease in the $10–$14 per square foot range.

What You're Buying

Each unit includes 1,250 SF of interior workspace (25′ × 50′), a front overhead door, a rear overhead door with direct access to a private fenced yard, and a separate man door entry. Units can be combined into a 2,500 SF double bay for larger operations or larger-footprint investment plays.

Own It, Lease It,
or Both

Own It, Lease It, or Both

Whether you’re an owner-operator looking to stop renting, or an investor looking for a lower-complexity commercial asset with strong regional tailwinds, a Summerset unit works both ways, occupy it yourself, lease it to a local business, or hold it as a long-term asset in a growing market.

Limited Availability

Only 75 units are planned at Summerset Business Park, and pre-sales are open now at introductory pricing. Given how little small-bay industrial ownership inventory exists in this market, availability is expected to move quickly.

Explore commercial condos for sale in Rapid City, SD.

Own flexible industrial workspace with strong investment upside at Summerset Business Park.

Talk to Troy About Investment Opportunities

Summerset Business Park Pre-sales are now available. Call Troy Ward, RE/MAX Advantage, at 605-432-8333 to secure your unit today!