Keystone, SD Commercial Real Estate for Sale

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Rapid City, SD Hermosa, SD Hill City, SD
6 properties
Keystone Hotel Near Mount Rushmore
Updated: May 13
Keystone Hotel Near Mount Rushmore

702 Highway 16A, Keystone, SD 57751

$2,490,000
19,228 sqft · 0.65 AC lot
Closest hotel to Mount Rushmore National Memorial.
Prime location next to Keystone Strip Mall with shops and restaurants.
High traffic count on Highway 16A during tourist season.
Priced below replacement cost at under $60,000 per key.
Opportunity to rebrand as a boutique hotel or choose a different flag with expiring Wyndham contract.
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Commercial Land with Highway Access
Updated: May 19
Commercial Land with Highway Access

13660 Highway 40, Keystone, SD 57751

$674,900
30.12 AC lot
30+ acres along Hwy 40 near Rushmore Cave
Well and power are already in place
No covenants reported
Two gated highway access points for year‑round entry
Varied topography with rolling terrain, rock outcroppings, trees, and open meadow spaces
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Keystone SD Land Opportunity
Keystone SD Land Opportunity

1201A Old Hill City Road, Keystone, SD 57751

$674,900
22.83 AC lot

22.83 acres of commercial land in Keystone, South Dakota.

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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.

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Keystone Commercial Property Near Rushmore
Keystone Commercial Property Near Rushmore

702 Highway 16A, Keystone, SD 57751

$2,490,000
19,228 sqft

Commercial property for sale near Mount Rushmore in Keystone, SD.

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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.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Keystone, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

Hill City Restaurant Building For Sale
Hill City Restaurant Building For Sale

158 Museum Drive, Hill City, SD 57745

$1,445,000
9,045 sqft · 0.41 AC lot

9,045 sqft restaurant building with parking on 0.41 acres.

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Hermosa Acreage with No Covenants
Hermosa Acreage with No Covenants

13604 Ghost Canyon Road, Hermosa, SD 57744

$399,900
11.57 AC lot

11.57 acres of pasture near Keystone and Hermosa, SD.

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Working Ranch Land with Creek
Working Ranch Land with Creek

24831 VIP Road, Hermosa, SD 57744

$795,000
58.86 AC lot

58.86-acre ranch property with seasonal Spokane Creek and pasture-meadow terrain, offered with no covenants.

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Remodeled Restaurant Building For Sale
Remodeled Restaurant Building For Sale

23858 Hwy 385, Hill City, SD

$899,000
4,960 sqft · 1.62 AC lot

Remodeled restaurant with outdoor patio near Black Hills attractions.

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Off-Market Properties in Keystone, SD

Consider similar Off-Market properties in Keystone, 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.

220 Winter St
RETAIL STORES (PERSONAL SERVICES)

220 Winter St, Keystone, SD 57751

Value Estimation by Request
1,427 sqft · 0.11 AC lot
View details
Rushmore Ranch Rd
Land

0 Rushmore Ranch Rd, Keystone, SD 57751

Value Estimation by Request
View details
820 Unit Suite
Retail properties & Spaces

820 Unit Suite, Keystone, SD 57751

Value Estimation by Request
0.02 AC lot
View details
236 Winter St
RESTAURANT

236 Winter St, Keystone, SD 57751

Value Estimation by Request
2,226 sqft · 0.11 AC lot
View details
152 Winter St
RESTAURANT

152 Winter St, Keystone, SD 57751

$655,000
Estimated value
6,000 sqft · 0.29 AC lot
View details
231 Winter St
MOTEL

231 Winter St, Keystone, SD 57751

$745,000
Estimated value
10,228 sqft · 0.60 AC lot
View details
118 Winter St
RETAIL STORES (PERSONAL SERVICES)

118 Winter St, Keystone, SD 57751

Value Estimation by Request
1,493 sqft · 0.17 AC lot
View details
206 Winter St
RETAIL STORES (PERSONAL SERVICES)

206 Winter St, Keystone, SD 57751

Value Estimation by Request
2,681 sqft · 0.10 AC lot
View details
141 Winter St
RETAIL STORES (PERSONAL SERVICES)

141 Winter St, Keystone, SD 57751

$530,000
Estimated value
2,713 sqft · 0.22 AC lot
View details
117 Winter St
RETAIL STORES (PERSONAL SERVICES)

117 Winter St, Keystone, SD 57751

Value Estimation by Request
880 sqft · 0.11 AC lot
View details
207 Winter St
RETAIL STORES (PERSONAL SERVICES)

207 Winter St, Keystone, SD 57751-2074

Value Estimation by Request
2,149 sqft · 0.12 AC lot
View details
217 Winter St
RETAIL STORES (PERSONAL SERVICES)

217 Winter St, Keystone, SD 57751-2074

Value Estimation by Request
1,872 sqft · 0.10 AC lot
View details
160 Winter St
RETAIL STORES (PERSONAL SERVICES)

160 Winter St, Keystone, SD 57751

Value Estimation by Request
2,576 sqft · 0.08 AC lot
View details
250 Winter St
MOTEL

250 Winter St, Keystone, SD 57751-2073

Value Estimation by Request
3,744 sqft · 0.49 AC lot
View details
219 Winter St
RETAIL STORES (PERSONAL SERVICES)

219 Winter St, Keystone, SD 57751

Value Estimation by Request
600 sqft · 0.01 AC lot
View details
342 Winter St
RETAIL STORES (PERSONAL SERVICES)

342 Winter St, Keystone, SD 57751-2036

$2,125,000
Estimated value
13,620 sqft · 1.04 AC lot
View details
127 Winter St
RETAIL STORES (PERSONAL SERVICES)

127 Winter St, Keystone, SD 57751

Value Estimation by Request
781 sqft · 0.11 AC lot
View details
166 Winter St
RETAIL STORES (PERSONAL SERVICES)

166 Winter St, Keystone, SD 57751

Value Estimation by Request
1,578 sqft · 0.10 AC lot
View details

Keystone, SD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Keystone, SD, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 38,456 square feet of properties for sale, with an estimated market value of $4,980,000.

Sale prices for business properties in Keystone, SD start at $2,490,000, averaging $2,490,000, and reaching up to $2,490,000 — 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 996
Population Growth (5Y) -0.4%
Median Household Income $100,714
College Educated 68.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57751 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.40%
Property Tax per SF $29.69 per SF
Tax Rate vs County Average 0.02 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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