Flex Space

Spearfish, SD Flex Space for Sale

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Hot Springs, SD Lead, SD Belle Fourche, SD Whitewood, SD Deadwood, SD Sturgis, SD Central City, SD Beulah, WY
Flex Building with Four Suites
Updated: Aug 28
Flex Building with Four Suites

3103 E Fairgrounds Loop, Spearfish, SD 57783

$1,149,000
9,600 sqft 0.90 AC lot
9,600‑square‑foot flex property built in 1978
Main floor includes 4 separate suites and an apartment
Approximately 4,800 square feet on each level
Lower level includes office, storage, and garage areas
0.9‑acre site in Spearfish Industrial Park near I‑90 Exit 8
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Flexible Industrial Building
Updated: Aug 17
Flexible Industrial Building

3170 Venture Ct, Spearfish, SD 57783

$525,000
12,600 sqft
12,600‑square‑foot flex building completed in 2023
Six modular units of 2,100 square feet each
New steel construction with configurable suite layouts
Water, gas, and electric ready for hookup
Owners’ association handles exterior maintenance, snow removal, and lawn care
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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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New Warehouse Building
New Warehouse Building

323 Seaton Circle, Spearfish, SD 57785

$900,000
8,000 sqft

Recently constructed warehouse in Spearfish with a 2024 completion date.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Flexible Commercial Space
Flexible Commercial Space

2221 Lazelle St, Sturgis, SD 57785

$599,000

Reception-oriented layout with office areas, a tiled main entry, restroom, and substantial asphalt parking.

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Metal Shop Building with Development Land
Metal Shop Building with Development Land

2114 E Ida St, Sturgis, SD 57785

$259,900
1,800 sqft

A 36x50 metal shop with heated finished area and 1/2 bath, plus room for additional development.

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New Heated Flex Space
New Heated Flex Space

Rochford Road, Lead, SD 57754

$249,000

Planned shop units offer insulated interiors, private utilities, and adaptable space for storage, recreation, or creative commercial uses.

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Heated Flex Shop Units
Heated Flex Shop Units

Rochford Road, Lead, SD 57754

$249,000

Finished, insulated units will include heating, a bathroom, and separate gas and electric meters.

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Spearfish, SD Flex Space Market Trends and Statistics

Explore 4 flex space for sale in Spearfish, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 34,200 square feet of properties for sale, with an estimated market value of $3,923,900.

Sale prices for business spaces in Spearfish, SD start at $525,000, averaging $980,975, and reaching up to $1,349,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Flex space 6
Breweries 1

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
Sturgis - 57785 $900K
Spearfish - 57783 $1M

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%

Listings Trend

New vs delisted commercial listings in Lawrence County

New Delisted

Total CRE Inventory on Market (SF)

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