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$770,000
24 Days On Site

331 KNOLLWOOD DR
Rapid City, SD 57701

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
3,440
SqFt
$224
/SqFt
County:
Pennington
Listing courtesy of Kevin Andreson of Keller Williams Realty Black Hills SP
Call Now: (605) 391-2645
Is this the listing for you? We can help make it yours.
(605) 391-2645
331 KNOLLWOOD DR331 KNOLLWOOD DR331 KNOLLWOOD DR331 KNOLLWOOD DR
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Home to a thriving tattoo studio for nearly 20 years, 331 Knollwood Drive is ready for its next business. The flexible layout is well suited to a chiropractor, clinic, physical therapist, counselor, med spa, or other appointment-based service. For an artist or studio owner, it's a true turnkey opportunity with individual workspaces, ample parking, and the ability to scale from day one, without the cost and delay of a build-out. This distinctive 3,440-square-foot building sits on 0.52 acres with 19 paved on-site parking spaces, excellent visibility, and convenient I-90 access. An oversized illuminated sign visible from the interstate offers a prominent branding opportunity along a corridor carrying 38,599 vehicles per day (2025 Rapid City Traffic Count). A covered entrance and professional landscaping create an inviting first impression for clients and staff. Built by Lipp Construction in 2007 with more than $840,000 invested in its original construction, the property features a substantial brick entrance, exposed natural wood beams, soaring ceilings, and abundant natural light. Inside, a welcoming reception area leads to an open workspace and multiple private rooms with built-in cabinetry and counter space, ideal as treatment rooms, exam rooms, consultation offices, or artist stations. A private office, kitchen, and restrooms with grab bars, including a full bath with shower, round out the space. In-floor radiant heat adds year-round comfort, and the 320-amp main electrical service includes infrastructure designed to support medical-grade equipment. Smoke detectors, a fire alarm, and a burglar alarm are in place. Approximately $85,000 in improvements, including a new metal roof and siding in 2020, means a low-maintenance building ready to go to work. Vacant and available for quick occupancy. General Commercial Zoning. Listed by Kevin Andreson, KWBH 605-646-5409.

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Listing Snapshot
Price 
$770,000
Days On Site 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,440 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.52 Acres
Year Built 
N/A
MLS Number 
90567
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS
7 days agoPrice changed to $770,000
3 weeks agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
Acres 
0.52
Foundation 
Slab
Security 
Security SystemSmoke Detector(s)
SqFt Total 
3440
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Exterior Features
Roof 
Metal
Listing courtesy of Kevin Andreson of Keller Williams Realty Black Hills SP



Listing information is provided by Participants of the Black Hills Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Black Hills Association of REALTORS MLS.
Data last updated at: 2026-10-26 12:02 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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