Block 5 Retail
Spaces
Retail | 1 space available | 1,655 SqFt
Building description
Block 5 is Rapid City’s premier mixed-use destination, offering prime Class A retail space at the corner of Main Street and 5th Street in downtown. Anchored by a 117-room Hyatt Place hotel and complemented by 132 luxury apartments, Block 5 provides a built-in customer base of residents, hotel guests, and visitors.
The first-floor retail suites total more than 7,000 SF, with co-tenants including Toastique, Overland Sheepskin Co., and Melanie’s Optical Boutique. One suite remains in shell condition with a tenant improvement allowance available. As Rapid City’s first new downtown development in over 50 years, Block 5 sets the standard for retail, residential, and hospitality in the market.
Building highlights
One suite remains in shell condition with a generous Tenant Improvement Allowance available for qualified tenants
Floor-to-ceiling windows along Main Street
Onsite amenities include parking, a top-of-the-line fitness center, community spaces, lounge and office area, mailroom, and more
Confirmed first-floor retailers include Toastique (gourmet toast & juice bar), Overland Sheepskin Co., and Melanie's Optical Boutique
Block 5 Lofts feature 132 luxury studio, one-, and two-bedroom apartments across the top six floors
Hyatt Place hotel offers 117 upscale guest rooms across floors two through four
5,000 SF of thoughtfully designed meeting and event space within the development
The development completed construction in May 2025
In 2024, downtown attracted 975,700 out-of-market visitors, contributing an estimated $424M in tourism dollars
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