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$795,000
3 Days On Site

331 Knollwood Dr.
Rapid City, SD 57701

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
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 Dr.331 Knollwood Dr.331 Knollwood Dr.331 Knollwood Dr.
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Position your business for exposure at 331 Knollwood Drive—a distinctive 3,440-square-foot commercial building on 0.52 acres with 19 on-site parking spaces, excellent visibility, and convenient I-90 access. An oversized illuminated sign visible from the interstate provides a prominent branding opportunity along a corridor carrying 38,599 vehicles per day,2025 Rapid City Traffic Count. Paved parking surrounding the building, an inviting covered entrance, and professional landscaping create an attractive, convenient setting for customers and employees. Built by Lipp Construction in 2007 with more than $840,000 invested in its original construction, the property stands out with a substantial brick entrance, exposed natural wood beams, soaring ceilings, and abundant natural light. The interior features a welcoming reception area, multiple workspaces, private rooms, and a kitchen, offering a versatile layout for a variety of business needs. In-floor radiant heat adds comfort, while a 320-amp main electrical service includes infrastructure designed to support medical-grade equipment. A new metal roof and siding were installed in 2020 as part of approximately $85,000 of additional improvements. General Commercial Zoning. Listed by Kevin Andreson, KWBH 605-646-5409.

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Listing Snapshot
Price 
$795,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
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 hours agoListing updated with changes from the MLS®
3 days agoStatus changed to Active
4 days agoListing first seen on site
General Features
Foundation 
Slab
Security 
Security SystemSmoke Detector(s)
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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: 2026-10-05 10:36 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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