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    Hot Springs, SD

    Hot Springs, SD Commercial Real Estate for Sale

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    Custer, SD Buffalo Gap, SD Edgemont, SD Oelrichs, SD Fairburn, SD
    10 properties
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    Agricultural Land with 360-Degree Views
    Updated: Jul 30
    Agricultural Land with 360-Degree Views

    Joy Drive lot: 15A, Hot Springs, SD 57747

    $258,473
    7.83 AC lot
    7.83‑acre agricultural lot with 360‑degree views
    Pine trees, bluffs, meadows, and scattered timber
    Several flat spots for buildability with minimal dirt work
    Electric to the lot line
    Very minimal covenants
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    Land with 360-Degree Views
    Updated: Mar 11
    Land with 360-Degree Views

    Joy Drive, Hot Springs, SD 57747

    $1,695,000
    113.00 AC lot
    113‑acre property bordering US Forest Service lands.
    Diverse terrain with 360‑degree views, cliffs, meadows, and buildable flat spots.
    Suitable for a small ranch operation; bring your horses.
    Located 15 minutes from Hot Springs, SD, with access to amenities and Black Hills attractions.
    Electric service to the lot line.
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    Storefront with Rear Office Space
    Storefront with Rear Office Space

    307 S Chicago St, Hot Springs, SD 57747

    $133,150
    691 sqft

    Renovated storefront property with an open front and flexible rear workspace including kitchenette and private office potential.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Specialty Property For Sale
    Specialty Property For Sale

    27024 HWY 385, Hot Springs, SD 57747

    $997,500
    26,538 sqft

    For sale specialty commercial property at 27024 Hwy 385 in Hot Springs, South Dakota.

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    Super 8 Hot Springs
    Super 8 Hot Springs

    800 Mammoth Street, Hot Springs, SD 57747

    Contact for pricing
    25,267 sqft

    Hospitality asset in the Southern Black Hills of South Dakota.

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    Downtown Hot Springs Commercial Space
    Downtown Hot Springs Commercial Space

    431 North River Street, Hot Springs, SD 57747

    $135,000
    1,475 sqft

    1,475 SF commercial space ready for custom buildout.

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    Multi-Use Hospitality Resort & Event Center
    Multi-Use Hospitality Resort & Event Center

    603 N River Street, Hot Springs, SD 57747

    Contact for pricing
    32,576 sqft

    Resort property includes short-term rentals, an event center for up to 250 guests, and an on-site spa and wellness area.

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    Agricultural Land Tract
    Agricultural Land Tract

    27097 Ridgeview Springs Road, Hot Springs, SD 57747

    $1,467,840

    For sale agricultural land with controlled, gated access and directions off US 385 via Ridgeview Rd.

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    Specialty Property for Sale
    Specialty Property for Sale

    112 N. Chicago St., Hot Springs, SD 57747

    Contact for pricing

    Specialty property offered for sale at 112 N. Chicago St. in Hot Springs, SD 57747.

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    Horse and Equestrian Land Tract
    Horse and Equestrian Land Tract

    28482 Cascade Rd, Hot Springs, SD 57747

    Contact for pricing

    This expansive horse and equestrian land tract is offered for sale with 5 private stock dams, corrals, fencing, and a private well.

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    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 10 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

    Opportunities in Nearby Cities

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

    Wooded Southern Black Hills Acreage
    Wooded Southern Black Hills Acreage

    W Argyle Road, Custer, SD 57730

    $299,000
    8.55 AC lot

    Wooded 8.55-acre tract with rural tap water access, fiber at the lot line, and power nearby for private development.

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    Rural Recreation Land with Utilities
    Rural Recreation Land with Utilities

    12075 True Grit Trail, Custer, SD 57730

    $325,000
    12.61 AC lot

    Land with multiple build sites, electricity, rural water, and septic in a light-covenant subdivision that allows mobile and RV use.

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    Ranch Land with Seasonal Creek
    Ranch Land with Seasonal Creek

    24831 VIP Road, Hermosa, SD 57744

    $795,000
    58.86 AC lot

    Ranch land with seasonal Spokane Creek, well and spring water, and no covenants, located along VIP Road near SD Highway 36.

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    Ranch Land with Seasonal Creek
    Ranch Land with Seasonal Creek

    VIP Road, Hermosa, SD 57744

    $880,000
    70.00 AC lot

    70 acres of ranch land with gently rolling pasture and seasonal Spokane Creek, offered with no covenants.

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    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.

    27024 Us Hwy 385
    COMMERCIAL (GENERAL)

    27024 Us Hwy 385, Hot Springs, SD 57747-6012

    $720,000
    Estimated value
    15,000 sqft 10.96 AC lot
    View details
    26900 Gravel Pit Loop
    COMMERCIAL (GENERAL)

    26900 Gravel Pit Loop, Hot Springs, SD 57747

    Value Estimation by Request
    3,024 sqft 8.00 AC lot
    View details
    3 Canyon View Cir
    Land

    3 Canyon View Cir, Hot Springs, SD 57747

    Value Estimation by Request
    3,000 sqft 3.14 AC lot
    View details
    110 Chicago St
    Land

    110 Chicago St, Hot Springs, SD 57747

    Value Estimation by Request
    0.50 AC lot
    View details
    541 Indianapolis Ave
    Hotels

    541 Indianapolis Ave, Hot Springs, SD 57747

    Value Estimation by Request
    20,312 sqft 1.06 AC lot
    View details
    2244 University Ave
    Individual retail properties

    2244 University Ave, Hot Springs, SD 57747

    Value Estimation by Request
    9,401 sqft 1.36 AC lot
    View details
    402 Battle Mountain Ave
    Multifamily properties

    402 Battle Mountain Ave, Hot Springs, SD 57747

    Value Estimation by Request
    1.07 AC lot
    View details
    28528 Old Highway 79
    Farms

    28528 Old Highway 79, Hot Springs, SD 57747

    Value Estimation by Request
    227.27 AC lot
    View details
    Tbd Sheps Cyn Rd
    Land

    0 Tbd Sheps Cyn Rd, Hot Springs, SD 57747

    Value Estimation by Request
    80.00 AC lot
    View details
    27689 Hwy
    Land

    27689 Hwy, Hot Springs, SD 57747

    Value Estimation by Request
    2,580 sqft 5.25 AC lot
    View details
    2244 University Ave
    Individual retail properties

    2244 University Ave, Hot Springs, SD 57747

    Value Estimation by Request
    9,180 sqft
    View details
    27095 Us Hwy 385
    MINI-WAREHOUSE, STORAGE

    27095 Us Hwy 385, Hot Springs, SD 57747-6012

    Value Estimation by Request
    8,100 sqft 36.50 AC lot
    View details
    26914 Sd Hwy 89
    OFFICE BUILDING

    26914 Sd Hwy 89, Hot Springs, SD 57747

    Value Estimation by Request
    2,160 sqft 80.00 AC lot
    View details
    12513 Argyle Rd
    COMMERCIAL (GENERAL)

    12513 Argyle Rd, Hot Springs, SD 57747-6030

    $685,000
    Estimated value
    5,040 sqft 8.00 AC lot
    View details

    Hot Springs, SD Commercial Real Estate Market Trends and Statistics

    Explore 26 commercial real estate for sale in Hot Springs, SD, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 86,547 square feet of properties for sale, with an estimated market value of $4,686,963.

    Sale prices for business properties in Hot Springs, SD start at $133,150, averaging $781,160, and reaching up to $1,695,000 — 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 5,889
    Population Growth (5Y) -0.4%
    Median Household Income $64,023
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57747 $587.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $92.35 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fall River County

    New Delisted

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