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    Rapid City, SD
    Hospitality

    Rapid City, SD Hospitality Properties for Sale

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    Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Hermosa, SD Hill City, SD New Underwood, SD
    Cabin Resort with Owner's Home
    Updated: Aug 28
    Cabin Resort with Owner's Home

    13310 Silver Mountain Rd, Rapid City, SD 57702

    $2,385,000
    4.40 AC lot
    Five guest cabins, each with kitchen, dining area, living room, and bathroom
    Cabin sleeping capacity ranges from 2–6 people; some cabins have lofts
    4.4 acres surrounded by USFS lands, with no covenants
    Levelled expansion site with electricity for additional cabins
    2014 custom residence with three main‑level bedrooms and a basement bedroom
    View details
    117-Room Hotel Redevelopment
    Updated: May 7
    117-Room Hotel Redevelopment

    2124 N LACROSSE ST, Rapid City, SD 57701

    Contact for pricing
    46,659 sqft
    117‑room hotel with 46,659 SF of building area
    As‑is property constructed in 1977
    Directly off Interstate 90 and LaCrosse Street
    Located at 2124 N LaCrosse St, Rapid City, SD
    Nearby commercial development includes Chick‑fil‑A and Les Schwab
    View details
    Black Forest Inn Bed & Breakfast
    Black Forest Inn Bed & Breakfast

    23191 Hwy 385, Rapid City, SD 57702

    $1,750,000

    Seven guest suites and a separate cottage are complemented by a commercial kitchen and shared indoor and outdoor spaces.

    View details
    See hot listings in Rapid City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    3 active listings match your search: Hospitality for sale in Rapid City, SD. Based on your search, we've also compiled 67 Potential Opportunities for your consideration: 4 properties in nearby cities, 59 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    Horse Campground with Pull-Through Sites
    Horse Campground with Pull-Through Sites

    25555 Glen Erin Rd, Custer, SD 57730

    $1,699,000
    1,805,998 sqft

    An established equestrian campground combines utility-served sites with dedicated horse pens and on-site shower and laundry facilities.

    View details
    Campground with Furnished Cabins
    Campground with Furnished Cabins

    20899 PLEASANT VALLEY RD, Sturgis, SD 57785

    $3,200,000
    1,632 sqft 4.50 AC lot

    A mixed camping operation combines RV hookups, tent sites, cabins, and guest amenities near Sturgis.

    View details
    Super 8 Sturgis For Sale
    Super 8 Sturgis For Sale

    2600 Whitewood Service Road, Sturgis, SD 57785

    Contact for pricing
    24,471 sqft

    Cash-flowing hospitality asset in high-demand Black Hills tourism corridor.

    View details
    Campground with Cabins and RV Sites
    Campground with Cabins and RV Sites

    12598 Highway 16A, Custer, SD 57730

    $1,399,000
    4.40 AC lot

    A hospitality property combines RV accommodations, cabin rentals, event facilities, and supporting services on a wooded South Dakota site.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Keystone Land Bordering Forest Service
    Keystone Land Bordering Forest Service

    Old Hill City Road lot: 4, Keystone, SD 57751

    $299,000
    10.30 AC lot

    10+ acres near Mount Rushmore with no covenants!

    View details
    Keystone Acreage Bordering Forest Service
    Keystone Acreage Bordering Forest Service

    Old Hill City Road lot: 3, Keystone, SD 57751

    $399,000
    14.87 AC lot

    14.87 acres near Mount Rushmore with no covenants!

    View details
    Residential Lot Near Terry Peak
    Residential Lot Near Terry Peak

    TRAILSIDE RD lot: 12 Block 4, Lead, SD 57754

    $147,000
    0.57 AC lot

    0.57 acre residential lot near Terry Peak Ski Area.

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    Residential Land Near Deadwood
    Residential Land Near Deadwood

    MATTSON LANE lot: 9, Sturgis, SD 57785

    $289,000
    3.79 AC lot

    3.79-acre build site near Deadwood and Sturgis.

    View details

    Off-Market Properties in Rapid City, SD

    Consider similar Off-Market properties in Rapid City, 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.

    617 En St
    MOTEL

    617 En St, Rapid City, SD 57701

    Estimated value:
    $350,000
    3,264 sqft 0.41 AC lot
    View details
    1612 Discovery Cir
    MOTEL

    1612 Discovery Cir, Rapid City, SD 57701-7940

    Estimated value:
    $590,000
    9,839 sqft 2.06 AC lot
    View details
    815 Mall Dr
    HOTEL

    815 Mall Dr, Rapid City, SD 57701-7871

    Estimated value:
    $1,360,000
    20,988 sqft 4.13 AC lot
    View details
    Gill Ave
    MOTEL

    Gill Ave, Rapid City, SD 57702

    Estimated value:
    $65,000
    1,056 sqft 0.10 AC lot
    View details
    3321 Outfitter Rd
    MOTEL

    3321 Outfitter Rd, Rapid City, SD 57701-7937

    Estimated value:
    $815,000
    12,744 sqft 2.79 AC lot
    View details
    4080 Tower Rd
    MOTEL

    4080 Tower Rd, Rapid City, SD 57701-5391

    Estimated value:
    $360,000
    9,804 sqft 2.18 AC lot
    View details
    23204 Summer Creek Dr
    Hospitality properties

    23204 Summer Creek Dr, Rapid City, SD 57702

    Estimated value: by Request
    9,863 sqft 1.84 AC lot
    View details
    Marlin Dr
    Multifamily properties

    0 Marlin Dr, Rapid City, SD 57703

    Estimated value: by Request
    3.11 AC lot
    View details
    513 Watertown St
    MOTEL

    513 Watertown St, Rapid City, SD 57701

    Estimated value:
    $95,000
    1,496 sqft 0.19 AC lot
    View details
    2520 Tower Rd
    MOTEL

    2520 Tower Rd, Rapid City, SD 57701-5491

    Estimated value:
    $365,000
    3,741 sqft 0.40 AC lot
    View details
    2520 Tower Rd
    MOTEL

    2520 Tower Rd, Rapid City, SD 57701-5491

    Estimated value:
    $530,000
    8,800 sqft 0.88 AC lot
    View details
    3737 Sturgis Rd
    MOTEL

    3737 Sturgis Rd, Rapid City, SD 57702-0394

    Estimated value:
    $315,000
    7,339 sqft 0.79 AC lot
    View details
    4504 Shr Dr
    MOTEL

    4504 Shr Dr, Rapid City, SD 57702-4900

    Estimated value:
    $335,000
    4,822 sqft 0.27 AC lot
    View details
    210 Saint Joseph St
    MOTEL

    210 Saint Joseph St, Rapid City, SD 57701-2827

    Estimated value:
    $490,000
    5,717 sqft 0.64 AC lot
    View details
    1632 Rapp St
    MOTEL

    1632 Rapp St, Rapid City, SD 57701-6968

    Estimated value:
    $825,000
    15,573 sqft 1.65 AC lot
    View details
    23776 Pne Hvn Dr
    MOTEL

    23776 Pne Hvn Dr, Rapid City, SD 57702-7407

    Estimated value:
    $380,000
    8,785 sqft 3.41 AC lot
    View details
    3333 Outfitter Rd
    HOTEL

    3333 Outfitter Rd, Rapid City, SD 57701-7937

    Estimated value:
    $915,000
    16,387 sqft 2.49 AC lot
    View details
    525 Omaha St
    MOTEL

    525 Omaha St, Rapid City, SD 57701-3087

    Estimated value:
    $155,000
    2,080 sqft 0.48 AC lot
    View details
    2505 Mt Rushmore Rd
    MOTEL

    2505 Mt Rushmore Rd, Rapid City, SD 57701-5340

    Estimated value:
    $405,000
    8,548 sqft 5.45 AC lot
    View details
    2401 Mt Rushmore Rd
    MOTEL

    2401 Mt Rushmore Rd, Rapid City, SD 57701-5386

    Estimated value:
    $450,000
    11,097 sqft 1.37 AC lot
    View details
    2215 Mt Rushmore Rd
    MOTEL

    2215 Mt Rushmore Rd, Rapid City, SD 57701-5311

    Estimated value:
    $395,000
    6,466 sqft 0.62 AC lot
    View details

    Rapid City, SD Hospitality Properties Market Trends and Statistics

    Explore 62 hospitality properties for sale in Rapid City, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 46,659 square feet of properties for sale, with an estimated market value of $4,135,000.

    Sale prices for hospitality properties in Rapid City, SD start at $1,750,000, averaging $2,067,500, and reaching up to $2,385,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Resorts 2
    Bed & breakfasts 1
    Campgrounds 1
    Hotels 1

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 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 Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Rapid City, SD

    • 57702
    • 57701

    Featured Rapid City Real Estate Agencies

    Realmo connects you with licensed Rapid City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    NorthStar Realty
    4751 Westridge Road Rapid City, SD 57702
    Phone: (970) 371-4489
    shanare.com
    Keller Williams Realty Black Hills
    2401 Main Street Rapid City, SD 57702
    Phone: (605) 343-7500
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