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Listed with Travis Haan -- Black Hills Realty -- 605-415-2344 Excellent income-producing opportunity in the fast-growing Box Elder area near Rapid City and Ellsworth AFB. This versatile commercial property features 96 self-storage units, a large shop building, and a 5,600 sq ft office/retail building, offering multiple revenue streams and long-term investment potential. The fully fenced storage facility includes 96 units in a variety of sizes (10x5, 10x10, 10x15, and 10x20) with secure electric gate access and 14 outdoor parking spaces available for additional rental income. The 3,400 sq ft shop building is designed for functionality and flexibility, featuring two 10x14 electric overhead doors, an additional side overhead door, concrete floors, floor drains, and full insulation. The building is plumbed for gas heat and a bathroom, allowing a buyer to easily complete the space to suit their needs. The 5,600 sq ft office/retail building offers vaulted ceilings and 10 ft sidewalls, providing a spacious blank canvas ready for build-out—ideal for offices, retail space, or additional commercial use. Located in a rapidly expanding area near Rapid City and Ellsworth Air Force Base, this property is well positioned for continued demand in the self-storage sector—one of the most stable and recession-resistant asset classes. Highlights: • 96 storage units • Multiple unit sizes (10x5, 10x10, 10x15, 10x20) • 3,400 sq ft shop building • 5,600 sq ft office/retail building • 14 outdoor parking spaces for rent • Fully fenced with 2 electric gates • Concrete floors and floor drain in shop • Plumbed for gas heat and bathroom • Located in a high-growth corridor near Rapid City Perfect for investors seeking cash flow, owner-users needing shop and office space, or buyers looking to expand an existing storage portfolio.

Highlights

  • Commercial Sale
  • 1.82 Acre Lot
  • 244 days on Market

  • Construction Materials
    Metal Siding
  • Foundation
    Slab
  • Parking Features
    Gravel, Off Street
  • Living Area
    21900.0
  • Flooring
    Concrete

  • Acres
    1.82


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Frequently Asked Questions

How do I schedule a tour of 344 Box Elder Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 344 Box Elder Rd.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 344 Box Elder Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,500,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Box Elder, and can even get you in to see the property quickly.

How do I get a virtual tour of 344 Box Elder Rd?

Yes! A virtual tour is available for 344 Box Elder Rd. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 344 Box Elder Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 344 Box Elder Rd at around $8,536. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 344 Box Elder Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Pennington County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 344 Box Elder Rd?

In most cases, yes. Whether 344 Box Elder Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Box Elder's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 344 Box Elder Rd?

We can handle that for you. Our preferred local agent specializes in commercial sales in Box Elder and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,500,000 with 21,900 sqft of space—that comes out to approximately $68 per square foot.

How long has this property been on the market?

344 Box Elder Rd was listed on March 10, 2026, which means it's been on the market for 244 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

344 Box Elder Rd sits on a 1.82-acre lot, which is 79,279 square feet.

Is 344 Box Elder Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright ©2026 Black Hills Association of REALTORS®. All rights reserved.