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    Hot Springs, SD Commercial Real Estate for Sale

    8 results
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    Downtown Hot Springs Commercial Space
    $135,000
    1,475 SF

    Downtown Hot Springs Commercial Space

    431 River St N, Hot Springs, SD 57747

    Commercial space in downtown Hot Springs ready for custom buildout.

    • Prime downtown Hot Springs location ideal for attracting tourist traffic.
    • Situated across from the Hot Springs River Walk with waterfall view.
    • 1,475sf commercial space suitable for restaurant or retail business.
    • Interior is stripped down and ready for custom buildout.
    • Plans in progress for new storefront window and entry door.
    Updated: Aug 22, 2025
    View details
    Commercial Building in Historic Hot Springs
    $199,900
    2,550 SF

    Commercial Building in Historic Hot Springs

    110 S Chicago St, Hot Springs, SD 57747

    Commercial building in the heart of historic Hot Springs, SD.

    • Prime location in the heart of historic Hot Springs, SD.
    • Previously a successful bar/restaurant with existing kitchen setup, custom wood bar, and walk‑in cooler.
    • 2,250 sqft building with large dining area and covered patio.
    • Two ADA‑compliant bathrooms.
    • Partially finished basement offers potential expansion space.
    Updated: Nov 6, 2025
    View details
    HVAC Business with Real Estate
    $1,300,000
    3,726 SF

    HVAC Business with Real Estate

    Established HVAC business for sale with real estate included.

    645 S 6Th St, Hot Springs, SD 57747
    View details
    Hot Springs Multifamily Investment Property
    $1,250,000

    Hot Springs Multifamily Investment Property

    Section 8 multifamily property in Hot Springs, South Dakota.

    1601 Evanston Ave Ave, Hot Springs, SD 57747
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    Mobile Home in Grandview Park
    $59,000

    Mobile Home in Grandview Park

    Remodeled mobile home with new roof, siding, and appliances.

    408 21St St, Hot Springs, SD 57747
    View details
    Remodeled Home with RV Garage
    $275,000
    1,252 SF

    Remodeled Home with RV Garage

    Remodeled 3-bedroom home with spacious yard, RV garage, and hot tub.

    740 Indianapolis Ave, Hot Springs, SD 57747
    View details
    Historic Hot Springs Mixed-Use Building
    $950,999
    10,395 SF

    Historic Hot Springs Mixed-Use Building

    Exceptional historic building with retail, residential, and garage spaces.

    401 N River St, Hot Springs, SD 57747
    View details
    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 8 Active listings in Hot Springs, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Black Hills Acreage with Views
    $199,500
    20.48 Acres

    Black Hills Acreage with Views

    20-acre Black Hills property with electric and septic system.

    26666 Winchester Rd, Custer, SD 57730
    View details
    Luxury New Construction on 5 Acres
    $1,675,000
    4,552 SF

    Luxury New Construction on 5 Acres

    Move-in ready, luxury new construction home on a 5-acre retreat.

    25809 Sidney Trl, Custer, SD 57730
    View details
    Secluded Black Hills Retreat
    $2,280,000
    150.00 Acres

    Secluded Black Hills Retreat

    Secluded acreage bordering Custer State Park with seasonal creek.

    Tbd Vip Rd, Hermosa, SD 57744
    View details
    70 Acres Ranch Near Custer
    Pending
    $880,000
    70.00 Acres

    70 Acres Ranch Near Custer

    70-acre ranch near Hermosa, SD, with scenic views and wildlife.

    Tbd Vip Rd, Hermosa, SD 57744
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Golf Course
    $200,000

    Commercial Land Near Golf Course

    Commercial land near Southern Hills Golf Course with utilities available.

    Clubhouse Dr, Hot Springs, SD 57747
    View details

    Explore Off-Market Properties in Hot Springs, SD

    Consider similar Off-Market properties in Hot Springs, 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.

    541 Indianapolis Ave

    541 Indianapolis Ave

    Hotels • 20,312 SF
    Value Estimation by Request
    541 Indianapolis Ave, Hot Springs, SD 57747
    View details
    2244 University Ave

    2244 University Ave

    Individual retail properties • 9,401 SF
    Value Estimation by Request
    2244 University Ave, Hot Springs, SD 57747
    View details
    2244 University Ave

    2244 University Ave

    Individual retail properties • 9,180 SF
    Value Estimation by Request
    2244 University Ave, Hot Springs, SD 57747
    View details
    27095 Us Hwy 385

    27095 Us Hwy 385

    MINI-WAREHOUSE, STORAGE • 8,100 SF
    Value Estimation
    $345,000
    27095 Us Hwy 385, Hot Springs, SD 57747-6012
    View details
    26914 Sd Hwy 89

    26914 Sd Hwy 89

    OFFICE BUILDING • 2,160 SF
    Value Estimation
    $305,000
    26914 Sd Hwy 89, Hot Springs, SD 57747
    View details
    12513 Argyle Rd

    12513 Argyle Rd

    COMMERCIAL (GENERAL) • 5,040 SF
    Value Estimation by Request
    12513 Argyle Rd, Hot Springs, SD 57747-6030
    View details
    27024 Us Hwy 385

    27024 Us Hwy 385

    COMMERCIAL (GENERAL) • 15,000 SF
    Value Estimation
    $450,000
    27024 Us Hwy 385, Hot Springs, SD 57747-6012
    View details
    26900 Gravel Pit Loop

    26900 Gravel Pit Loop

    COMMERCIAL (GENERAL) • 3,024 SF
    Value Estimation
    $250,000
    26900 Gravel Pit Loop, Hot Springs, SD 57747
    View details

    Hot Springs, SD Commercial Real Estate Investment Opportunities Market Analysis

    Explore 16 commercial real estate investment opportunities in Hot Springs, SD with 8 listings featured on our commercial real estate marketplace. The current inventory includes 6,036,545 square feet of properties with an estimated value of $5,213,300.

    Estimated prices for commercial real estate in Hot Springs, SD begin at $65,000, with an average of $236,968 and extend to $1,300,000.

    In Hot Springs, SD, current investment values show:

    • Land positioned at $148,337
    • Residential land & home lots measuring $137,457
    • Recreation land assessed at $221,975
    • Retail properties calculated at $544,966
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    Browse Commercial real estate for Sale Near Hot Springs, SD

    Popular Searches in Hot Springs, SD

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    Most Searched ZIP Codes in Hot Springs, SD

    • 57747

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