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Hill City, SD

Hill City, SD Commercial Real Estate for Sale

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Keystone, SD Rapid City, SD Custer, SD

Hill City Restaurant Building For Sale

Updated: Jan 26

Hill City Restaurant Building For Sale

158 Museum Drive, Hill City, SD 57745

$1,445,000

9,045 sqft · 0.41 AC lot

High‑traffic location on Main St. in historic Hill City, SD, appealing to both locals and tourists.
Substantial 9,045 sqft building with 3 levels, offering versatile usage possibilities (dining, events, storage).
Includes a custom‑built Italian pizza oven with upgraded safety features.
Recent upgrades: new metal roof (2024), remodeled in 2018, and updated mechanical systems (water heaters, cooler condensers).
Equipped with a large kitchen space, walk‑in coolers, and an Ansul system.

This listing looks promising.

Here's a quick look at some key insights for

158 Museum Drive, Hill City, SD 57745

View Property Analytics

Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$115K
Annual
Mortgage

$550K
Recorded
Property Type

Restaurant
Built 2002

View Property Analytics

Remodeled Restaurant Building For Sale

Updated: Aug 16, 2024

Remodeled Restaurant Building For Sale

23858 Hwy 385, Hill City, SD

$899,000

4,960 sqft · 1.62 AC lot

Location boasts a proven track record of $800,000+ in gross sales operating seasonally.
Turn‑key kitchen with all equipment included.
Restaurant building completely remodeled in 2018.
Large, central bar ideal for a tap house or wine bar.
Enjoy the shaded outdoor patio with beautiful views of the Black Hills.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Hill City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Retail Space in Rapid City

Remodeled Retail Space in Rapid City

12300 W Hwy 44, Rapid City, SD 57702

$549,000

3,456 sqft · 0.44 AC lot

2,136 SF remodeled retail space with additional income potential.

Mining-Inspired Land Development Site

Mining-Inspired Land Development Site

1201A Old Hill City Road, Keystone, SD 57751

$674,900

22.83 AC lot

22.83-acre property within Keystone city limits with historic mining remnants, old mine roads, and USFS-adjacent privacy on two sides.

Black Hills Landmark Property

Black Hills Landmark Property

24100 S. Rockerville Road, Rapid City, SD 57701

$7,000,000

16,353 sqft · 80.22 AC lot

80+ acres with architecturally designed structures in great condition.

Keystone Land For Sale

Keystone Land For Sale

1201A Old Hill City Road, Keystone, SD 57751

$674,900

Commercial land available in Keystone, South Dakota.

Off-Market Properties in Hill City, SD

Consider similar Off-Market properties in Hill City, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

355 Main St, Hill City, SD 57745

Value Estimation by Request

1,490 sqft · 0.27 AC lot

FINANCIAL BUILDING

351 Main St, Hill City, SD 57745

$520,000

Estimated value

4,947 sqft · 0.90 AC lot

MANUFACTURING (LIGHT)

23837 Hwy 385, Hill City, SD 57745-6517

$995,000

Estimated value

18,924 sqft · 4.86 AC lot

22864 Rochford Rd

Land

22864 Rochford Rd, Hill City, SD 57745

Value Estimation by Request

5.06 AC lot

Campgrounds

23856 Us-385, Hill City, SD 57745

Value Estimation by Request

6.94 AC lot

24063 Highway 385

Motels

24063 Highway 385, Hill City, SD 57745

Value Estimation by Request

2,736 sqft · 5.06 AC lot

MINI-WAREHOUSE, STORAGE

181 Walnut Ave, Hill City, SD 57745

$625,000

Estimated value

7,392 sqft · 0.33 AC lot

23942 Thompson Dr

MINI-WAREHOUSE, STORAGE

23942 Thompson Dr, Hill City, SD 57745-6560

Value Estimation by Request

2,700 sqft · 1.00 AC lot

22631 Rochford Rd

BAR, TAVERN

22631 Rochford Rd, Hill City, SD 57745-6007

Value Estimation by Request

1,715 sqft · 0.06 AC lot

12670 Robins Roost Rd

RETAIL STORES (PERSONAL SERVICES)

12670 Robins Roost Rd, Hill City, SD 57745-6519

Value Estimation by Request

2,274 sqft · 2.77 AC lot

AUTO REPAIR, GARAGE

287 Pond Ct, Hill City, SD 57745-6700

Value Estimation by Request

3,023 sqft · 0.18 AC lot

PROFESSIONAL CLUBS/ASSOCIATIONS

288 Pond Ct, Hill City, SD 57745-6700

Value Estimation by Request

1,800 sqft · 0.59 AC lot

MINI-WAREHOUSE, STORAGE

108 Pne Ave, Hill City, SD 57745

Value Estimation by Request

3,268 sqft · 0.24 AC lot

LAUNDROMAT (SELF-SERVICE)

335 Pne Ave, Hill City, SD 57745

Value Estimation by Request

936 sqft · 0.12 AC lot

AUTO REPAIR, GARAGE

330 Pne Ave, Hill City, SD 57745

Value Estimation by Request

2,400 sqft · 0.15 AC lot

COM AUTO TRANS/STORAGE

266 Park St, Hill City, SD 57745

Value Estimation by Request

1,320 sqft · 0.09 AC lot

Palmer Gulch Rd

MINI-WAREHOUSE, STORAGE

Palmer Gulch Rd, Hill City, SD 57745

$585,000

Estimated value

6,300 sqft · 26.06 AC lot

23863 Palmer Gulch Rd

MINI-WAREHOUSE, STORAGE

23863 Palmer Gulch Rd, Hill City, SD 57745-6528

Value Estimation by Request

1,920 sqft · 1.02 AC lot

12454 Old Hl City Rd

HOTEL/MOTEL

12454 Old Hl City Rd, Hill City, SD 57745

$1,380,000

Estimated value

14,566 sqft · 3.35 AC lot

12444 Old Hl City Rd

HOTEL/MOTEL

12444 Old Hl City Rd, Hill City, SD 57745-6610

$870,000

Estimated value

13,709 sqft · 1.40 AC lot

COM AUTO TRANS/STORAGE

525 Newton Ave, Hill City, SD 57745

Value Estimation by Request

720 sqft · 0.48 AC lot

RETAIL STORES (PERSONAL SERVICES)

177 Museum Dr, Hill City, SD 57745-6712

Value Estimation by Request

1,500 sqft · 0.48 AC lot

Hill City, SD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hill City, SD on our real estate platform. These investment opportunities span a total of 14,005 square feet of properties for sale, with an estimated market value of $2,344,000.

Sale prices for business properties in Hill City, SD start at $899,000, averaging $1,172,000, and reaching up to $1,445,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,784

Population Growth (5Y) -20.4%

Median Household Income $90,089

College Educated 43.6%

High-Yield Neighborhoods for Investment

Identify Hill City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
57745	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.61%

Property Tax per SF $24.61 per SF

Tax Rate vs County Average 0.23 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pennington County

New Delisted

Total CRE Inventory on Market (SF)

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