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    Custer, SD Buffalo Gap, SD Smithwick, SD Edgemont, SD Fairburn, SD Oelrichs, SD
    Multi-Use Hospitality Resort & Event Center
    Updated: Mar 17
    Multi-Use Hospitality Resort & Event Center

    603 N River St, Hot Springs, SD 57747

    $1,550,000
    Red Rock River Resort (603 N River St, Hot Springs, SD) built in 1890 with multi‑use hospitality setup
    11 short‑term rental accommodations, including a 2‑bedroom apartment, plus a full kitchen and dedicated dining room
    Event center capacity up to 250 guests, suited for weddings, corporate events, reunions, and private functions
    Event center includes three attached bedrooms to support event‑weekend lodging packages
    On‑site spa and wellness area with a hot sand room, granite room, hot soaking tub room, and massage rooms
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hot Springs, 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.

    Operating Tanning Salon Business
    Operating Tanning Salon Business

    1900 CONVERSE AVE, Cheyenne, WY 82001

    $450,000
    3,293 sqft

    Established wellness business with multiple tanning formats, specialty retail products, and an existing lease extending through December 2035.

    View details
    Assisted Living Facility For Sale
    Assisted Living Facility For Sale

    409 East Fairlane Drive, Rapid City, SD 57701

    $1,500,000
    44,150 sqft 1.91 AC lot

    Assisted living facility with expansion potential in Rapid City, SD.

    View details
    Tanning Salon Business with Therapy Beds
    Tanning Salon Business with Therapy Beds

    1900 Converse Ave, Cheyenne, WY 82001

    $450,000
    3,293 sqft

    Operating salon with multiple tanning formats, red light therapy, spray tanning, and an established management team.

    View details
    Rapid City Assisted Living Facility
    Rapid City Assisted Living Facility

    1321 Columbus Street, Rapid City, SD 57701

    $5,000,000
    21,895 sqft 1.64 AC lot

    48-bed assisted living facility in Rapid City, South Dakota.

    View details

    Hot Springs, SD Healthcare Properties Market Trends and Statistics

    Explore 1 healthcare properties for sale in Hot Springs, SD on our real estate platform.

    Sale prices for medical real estate in Hot Springs, SD average $1,550,000 — 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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    Spa & wellness properties 1

    Demographics Overview

    Population 5,889
    Population Growth (5Y) -0.4%
    Median Household Income $64,023
    College Educated 32.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $92.35 per SF
    Average Loan-to-Value 65.0%

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