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Keystone, SD

Keystone, SD Commercial Real Estate for Sale

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Rapid City, SD Hermosa, SD Hill City, SD Custer, SD Fairburn, SD Silver City, SD Black Hawk, SD Summerset, SD

Mining-Inspired Land Development Site

Updated: May 7

Mining-Inspired Land Development Site

1201A Old Hill City Road, Keystone, SD 57751

$674,900

22.83 AC lot

22.83‑acre property inside Keystone city limits
Historically tied to mining with old mining tailings and remnants on site
Includes existing infrastructure such as old mining roads and the Pacer Plate mine from the 1940s
Bordered by USFS on two sides
Long‑range views

Keystone Land For Sale

Updated: May 7

Keystone Land For Sale

1201A Old Hill City Road, Keystone, SD 57751

$674,900

Driveway at 903 Old Hill City Rd.
Located in Pennington County
Drive in past the Antique Shop
Drive up to property

Limited-Service Hotel with Apartment

Limited-Service Hotel with Apartment

908 Madill St, Keystone, SD 57751

Contact for pricing

Hotel building with 37 rooms plus an apartment, set on a paved parking lot with 37 spaces.

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

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Keystone, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

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.

Remodeled Restaurant Building For Sale

Remodeled Restaurant Building For Sale

23858 Hwy 385, Hill City, SD

Contact for pricing

4,960 sqft 1.62 AC lot

Remodeled restaurant with outdoor patio near Black Hills attractions.

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.

Multi-Building Hospitality Retail Property

Multi-Building Hospitality Retail Property

12670 Robins Roost Road, Hill City, SD 57745

Contact for pricing

Three buildings totaling 6,350 sq ft offer retail, distillery, and heated storage on highway-use commercial land.

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

$275,000

Estimated value

1,427 sqft 0.11 AC lot

Rushmore Ranch Rd

Land

0 Rushmore Ranch Rd, Keystone, SD 57751

Value Estimation by Request

820 Unit Suite

Retail properties & Spaces

820 Unit Suite, Keystone, SD 57751

Value Estimation by Request

0.02 AC lot

236 Winter St

RESTAURANT

236 Winter St, Keystone, SD 57751

$355,000

Estimated value

2,226 sqft 0.11 AC lot

152 Winter St

RESTAURANT

152 Winter St, Keystone, SD 57751

$655,000

Estimated value

6,000 sqft 0.29 AC lot

231 Winter St

MOTEL

231 Winter St, Keystone, SD 57751

$745,000

Estimated value

10,228 sqft 0.60 AC lot

118 Winter St

RETAIL STORES (PERSONAL SERVICES)

118 Winter St, Keystone, SD 57751

$450,000

Estimated value

1,493 sqft 0.17 AC lot

206 Winter St

RETAIL STORES (PERSONAL SERVICES)

206 Winter St, Keystone, SD 57751

$315,000

Estimated value

2,681 sqft 0.10 AC lot

141 Winter St

RETAIL STORES (PERSONAL SERVICES)

141 Winter St, Keystone, SD 57751

$530,000

Estimated value

2,713 sqft 0.22 AC lot

117 Winter St

RETAIL STORES (PERSONAL SERVICES)

117 Winter St, Keystone, SD 57751

$300,000

Estimated value

880 sqft 0.11 AC lot

207 Winter St

RETAIL STORES (PERSONAL SERVICES)

207 Winter St, Keystone, SD 57751-2074

$340,000

Estimated value

2,149 sqft 0.12 AC lot

217 Winter St

RETAIL STORES (PERSONAL SERVICES)

217 Winter St, Keystone, SD 57751-2074

$295,000

Estimated value

1,872 sqft 0.10 AC lot

160 Winter St

RETAIL STORES (PERSONAL SERVICES)

160 Winter St, Keystone, SD 57751

$305,000

Estimated value

2,576 sqft 0.08 AC lot

250 Winter St

MOTEL

250 Winter St, Keystone, SD 57751-2073

$355,000

Estimated value

3,744 sqft 0.49 AC lot

219 Winter St

RETAIL STORES (PERSONAL SERVICES)

219 Winter St, Keystone, SD 57751

$125,000

Estimated value

600 sqft 0.01 AC lot

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

127 Winter St

RETAIL STORES (PERSONAL SERVICES)

127 Winter St, Keystone, SD 57751

$300,000

Estimated value

781 sqft 0.11 AC lot

166 Winter St

RETAIL STORES (PERSONAL SERVICES)

166 Winter St, Keystone, SD 57751

$305,000

Estimated value

1,578 sqft 0.10 AC lot

212 Winter St

RESTAURANT

212 Winter St, Keystone, SD 57751-2073

$310,000

Estimated value

3,040 sqft 0.12 AC lot

155 Winter St

RETAIL STORES (PERSONAL SERVICES)

155 Winter St, Keystone, SD 57751

$410,000

Estimated value

4,230 sqft 0.22 AC lot

111 Winter St

RETAIL STORES (PERSONAL SERVICES)

111 Winter St, Keystone, SD 57751-2057

$295,000

Estimated value

861 sqft 0.11 AC lot

Keystone, SD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Keystone, SD, showcased through 3 active listings on our real estate platform.

Sale prices for business properties in Keystone, SD average $674,900 — 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	$674.9K

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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