Spearfish, SD Commercial Real Estate for Sale

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Lead, SD Belle Fourche, SD Whitewood, SD Deadwood, SD Sturgis, SD Central City, SD Beulah, WY Vale, SD
42 properties
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Zoned Development Land with Wells
Updated: May 19
Zoned Development Land with Wells

Windmill Drive lot: 2R-1, Spearfish, SD 57783

$800,000
9.87 AC lot
Development property zoned for 1 & 2 Family Residential, Multi‑Family Residential, Office Commercial, Light Industrial, and Planned Unit Development
Located just off I‑90 Exit 14
Two wells on the property
Seller is willing to subdivide the property for smaller lots
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Updated Duplex with Barn
Updated: Sep 15, 2025
Updated Duplex with Barn

3225 Old Belle Road, Spearfish, SD 57785

$848,000
3,950 sqft 1.62 AC lot
3,950‑square‑foot duplex property on 1.62 acres
Two updated rental units, each with 2 bedrooms and 1 bathroom
Mostly finished barn currently leased for office and storage use
Located at 3225 Old Belle Road in Spearfish, just off Exit 8
Outbuildings, barn, and RV parking included
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Cabin Resort with Historic Lodge
Cabin Resort with Historic Lodge

10900 OTHER, Spearfish, SD 57783

$2,795,000
7,480 sqft

A multi-building hospitality property combines guest cabins, suites, dining space, and a separate shop and gallery.

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Flex Building with Four Suites
Flex Building with Four Suites

3103 E Fairgrounds Loop, Spearfish, SD 57783

$1,149,000
9,600 sqft 0.90 AC lot

Multi-suite commercial building with an apartment, partially finished lower level, and established occupancy.

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Warehouse Shop with Overhead Door
Warehouse Shop with Overhead Door

Tract 12D Lookout Vista Road, Spearfish, SD 57783

$495,000
4.10 AC lot

New Morton building with electrical service and a central water system under development.

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Commercial Land With Utilities
Commercial Land With Utilities

Two Bar T Street lot: 8, Spearfish, SD 57783

$675,000
3.71 AC lot

Commercial lot with gas, electricity, water, and sewer available at the lot line.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 9, Spearfish, SD 57783

$675,000
3.49 AC lot

Gas, electric, water, and sewer connections are available at the lot line for future development.

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Mixed-Use Building with Warehouse Space
Mixed-Use Building with Warehouse Space

523 Spearfish Canyon, Spearfish, SD 57783

$995,000
3,600 sqft 0.47 AC lot

Updated commercial property combining customer-facing space with dedicated storage and operational areas.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 13, Spearfish, SD 57783

$675,000
4.66 AC lot

Commercial development parcel with gas, electricity, water, and sewer available at the lot line.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 10, Spearfish, SD 57783

$675,000
3.76 AC lot

Gas, electricity, water, and sewer are available at the lot line.

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Historic Mixed-Use Property with Opera House
Historic Mixed-Use Property with Opera House

604 Main Street, Spearfish, SD 57783

$2,999,999
63,000 sqft

Downtown property combines retail, dining, offices, apartments, entertainment space, and service-oriented suites in one multi-building asset.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 11, Spearfish, SD 57783

$725,000
4.72 AC lot

Utilities are available at the lot line for future site development.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 12, Spearfish, SD 57783

$699,000
4.48 AC lot

Commercial land with gas, electricity, water, and sewer available at the lot line.

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Renovated Medical Office Space
Renovated Medical Office Space

747 Ames Ave, Spearfish, SD 57783

$998,500
2,400 sqft

The facility accommodates a chiropractic practice and spa with multiple offices and two bathrooms.

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Utility-Ready Commercial Land
Utility-Ready Commercial Land

Two Bar T Street lot: 6, Spearfish, SD 57783

$450,000
2.80 AC lot

Essential utility connections are available at the lot line for commercial development planning.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 2, Spearfish, SD 57783

$180,000
1.42 AC lot

Gas, electric, water, and sewer reach the lot line.

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Contractor-Designed Flex Building
Contractor-Designed Flex Building

3165 Venture Court, Spearfish, SD 57783

$890,000
3,000 sqft

Three overhead doors, in-floor heat, and quick access from I-90 support day-to-day shop and service operations.

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Commercial Land with Lot-Line Utilities
Commercial Land with Lot-Line Utilities

Two Bar T Street lot: 5, Spearfish, SD 57783

$280,000
1.47 AC lot

Development site within a new highway service commercial project.

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Flexible Industrial Building
Flexible Industrial Building

3170 Venture Ct, Spearfish, SD 57783

$525,000
12,600 sqft

New steel flex space with modular suites and utility connections prepared for business occupancy.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 7, Spearfish, SD 57783

$375,000
2.80 AC lot

Commercial site with gas, electric, water, and sewer available at the lot line.

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Spearfish Retail Property for Sale
Spearfish Retail Property for Sale

450 W Kansas Street, Spearfish, SD 57783

$1,300,000
5,787 sqft

Retail property in Spearfish, SD, available for purchase.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 3, Spearfish, SD 57783

$180,000
1.38 AC lot

Gas, electric, water, and sewer are available at the lot line for commercial development planning.

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Spearfish Flex Space For Sale
Spearfish Flex Space For Sale

3167 Venture Ct, Spearfish, SD 57783

$1,349,900
4,000 sqft

Flex space available in Spearfish, South Dakota.

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Commercial Land with Utilities
Commercial Land with Utilities

Two Bar T Street lot: 4, Spearfish, SD 57783

$240,000
1.38 AC lot

Commercial land with gas, electric, water, and sewer available at the lot line.

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Spearfish, SD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Spearfish, SD, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 151,574 square feet of properties for sale, with an estimated market value of $36,366,298.

Sale prices for business properties in Spearfish, SD start at $180,000, averaging $1,010,174, and reaching up to $4,600,000 — 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 18K
Population Growth (5Y) +9.0%
Median Household Income $64,970
College Educated 47.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Spearfish - 57783 $858.3K
Sturgis - 57785 $874K

Taxes & Financing

Tax Rate (average for all types) 1.58%
Property Tax per SF $27.33 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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