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    Spearfish, SD Commercial Real Estate for Sale

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    Lead, SD Belle Fourche, SD Deadwood, SD
    40 listings
    Spearfish Commercial Building on I-90
    $800,000
    11,700 SF
    Spearfish Commercial Building on I-90

    720 N 11th Street, Spearfish, SD 57783

    Highly visible commercial property with flexible space and highway access.
    • Prime location: Just off Jackson Boulevard at Exit 12 of Interstate 90.
    • Highway Service Commercial zoning allows for a wide range of business uses.
    • 11,700 sq. ft. single‑level building with flexible interior space.
    • Clear span steel beam construction.
    • Approximately 0.48 acres with paved on‑site parking.
    Updated: Apr 22
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    Turnkey Motel/Airbnb Investment Opportunity
    $1,700,000
    5,787 SF
    Turnkey Motel/Airbnb Investment Opportunity

    450 W Kansas Street, Spearfish, SD 57783

    20-unit motel/Airbnb with development potential in Spearfish, SD.
    • Turnkey 20‑unit motel/Airbnb operation, providing immediate cash flow.
    • Zoned C‑1 Commercial, allowing for diverse income strategies.
    • Development opportunity with completed flood study and plans for two additional duplexes.
    • High‑traffic location and high visibility.
    • Existing infrastructure includes natural gas heating and wall unit cooling.
    Updated: Apr 21
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    New Commercial Garage in Spearfish
    $1,049,000
    3,000 SF
    New Commercial Garage in Spearfish

    3,000 sq ft commercial garage in Spearfish industrial corridor.

    3165 Venture Court, Spearfish, SD 57783

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    Spearfish Land with Freespan Building
    $900,000
    8,000 SF
    Spearfish Land with Freespan Building

    Newly constructed 8,000 sqft building on 1.38 acres.

    323 Seaton Circle, Spearfish, SD 57785

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    Renovated Commercial Building in Spearfish
    $998,500
    2,400 SF
    Renovated Commercial Building in Spearfish

    High-visibility commercial building with tenants in place.

    747 Ames Avenue, Spearfish, SD 57783

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    Spearfish Commercial Building with Expansion Potential
    $1,299,000
    9,600 SF
    Spearfish Commercial Building with Expansion Potential

    Established commercial building near I-90 with income and expansion potential.

    3103 E Fairgrounds Loop, Spearfish, SD 57783

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    Spearfish Mixed-Use Investment Opportunity
    $1,599,000
    3,950 SF
    Spearfish Mixed-Use Investment Opportunity

    Successful business and investment property on 1.62 acres near Exit 8.

    3225 Old Belle Road, Spearfish, SD 57783

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    Spearfish Development Property For Sale
    $850,000
    9.87 Acres
    Spearfish Development Property For Sale

    9.87 acre development property with endless opportunities in Spearfish, SD.

    Lot 2R-1 Windmill Drive, Spearfish, SD 57783

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    Commercial Land in Spearfish, SD
    $531,000
    1.35 Acres
    Commercial Land in Spearfish, SD

    Commercial lots with I-90 visibility and accessibility in Spearfish.

    Lot 10 & 11 Colorado Boulevard, Spearfish, SD 57783

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    Spearfish Land with Income Potential
    $900,000
    3,950 SF
    Spearfish Land with Income Potential

    1.62 acres with barn, duplex, and expansion possibilities.

    3225 Old Belle Road, Spearfish, SD 57783

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    Commercial Land in Spearfish, SD
    $999,000
    3.91 Acres
    Commercial Land in Spearfish, SD

    Commercial lots with I-90 visibility and accessibility in Spearfish.

    Lot 7 Colorado Boulevard, Spearfish, SD 57783

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    Spearfish Investment Property on Acreage
    $900,000
    3,950 SF
    Spearfish Investment Property on Acreage

    Investment property with duplex, barn, and expansion potential on 1.62 acres.

    3225 Old Belle Road, Spearfish, SD 57785

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    Profitable Lawn Care Business Opportunity
    $450,000
    Profitable Lawn Care Business Opportunity

    Established lawn care business with recurring revenue and long-term clients.

    3114 W Fairgrounds Loop, Spearfish, SD 57783

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    Commercial Land in Spearfish, SD
    $215,000
    0.49 Acres
    Commercial Land in Spearfish, SD

    Commercial lots with I-90 visibility and accessibility in Spearfish.

    Lot 5 Colorado Boulevard, Spearfish, SD 57783

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    Commercial Land in Spearfish, SD
    $368,000
    0.93 Acres
    Commercial Land in Spearfish, SD

    Commercial lots with I-90 visibility and accessibility in Spearfish.

    Lot 8 Colorado Boulevard, Spearfish, SD 57783

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    Commercial Lots in Spearfish, SD
    $264,000
    0.50 Acres
    Commercial Lots in Spearfish, SD

    Commercial lots with I-90 visibility and accessibility in Spearfish.

    Lot 4 Colorado Boulevard, Spearfish, SD 57783

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    Commercial Land in Spearfish, SD
    $146,000
    0.48 Acres
    Commercial Land in Spearfish, SD

    Commercial lots with I-90 visibility and accessibility in Spearfish.

    Lot 6 Colorado Boulevard, Spearfish, SD 57783

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    Commercial Land in Spearfish, SD
    $369,900
    0.94 Acres
    Commercial Land in Spearfish, SD

    Commercial lots with I-90 visibility and accessibility in Spearfish.

    Lot 9 Colorado Boulevard, Spearfish, SD 57783

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    New Multi-Use Industrial Building
    $525,000
    2,100 SF
    New Multi-Use Industrial Building

    State-of-the-art industrial building with flexible space options for sale.

    3170 Venture Court, Spearfish, SD 57783

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    New Industrial Shop with Overhead Door
    $495,000
    4.10 Acres
    New Industrial Shop with Overhead Door

    Brand new 24x48 Morton shop on 4.1 acres with 16-ft side walls and a 20-ft overhead door.

    Tract 12D Lookout Vista Road, Spearfish, SD 57783

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    Established Landscaping Business Opportunity
    $749,000
    Established Landscaping Business Opportunity

    Successful landscaping business for sale in the Northern Black Hills.

    3225 Old Belle Road, Spearfish, SD 57783

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    Retail Space with Creek Access
    $600,000
    1,242 SF
    Retail Space with Creek Access

    Unique retail space with creek access and scenic views.

    2539 Yukon Way, Spearfish, SD 57783

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    Spearfish Land Development Opportunity
    $2,080,000
    40.00 Acres
    Spearfish Land Development Opportunity

    40 acre commercial land parcel in Spearfish, South Dakota.

    TBD E Colorado Boulevard, Spearfish, SD 57783

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    Picturesque Ranch Near Spearfish, SD
    $3,600,000
    91.55 Acres
    Picturesque Ranch Near Spearfish, SD

    91.55-acre ranch with meadows, timber, and creek near Spearfish.

    5410 Lazy Horse Lane, Spearfish, SD 57783

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    Spearfish, SD Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Spearfish, SD, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 84,039 square feet of properties for sale, with an estimated market value of $18,214,400.

    Sale prices for business properties in Spearfish, SD start at $525,000, averaging $1,138,400, and reaching up to $1,700,000 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    Sturgis $900K
    Spearfish $1M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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