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    Rapid City, SD
    Hospitality

    Rapid City, SD Hospitality Properties for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD
    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
    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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    Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Campground with Cabins and Pavilion
    Campground with Cabins and Pavilion

    2881 Avalanche Rd, Sturgis, SD 57785

    $2,963,000
    40.38 AC lot

    Campground with cabins, campsites, residences, a shop, and a full-service pavilion across deeded and leased acreage.

    View details
    RV Campground With Cabins
    RV Campground With Cabins

    12598 Highway 16a, Custer, SD 57730

    $1,399,000
    4.50 AC lot

    Established campground with RV sites, cabins, event facilities, and guest-support improvements near Custer State Park.

    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
    64-Room Boutique Hotel
    64-Room Boutique Hotel

    855 N 5th St, Custer, SD 57730

    Contact for pricing
    5.50 AC lot

    Hospitality-zoned lodging property with pools, recreational amenities, dining, and scenic Black Hills surroundings.

    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 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:
    No data
    9,863 sqft 1.84 AC lot
    View details
    Marlin Dr
    Multifamily properties

    0 Marlin Dr, Rapid City, SD 57703

    Estimated value:
    No data
    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
    445 Mt Rushmore Rd
    HOTEL

    445 Mt Rushmore Rd, Rapid City, SD 57701-2754

    Estimated value:
    $810,000
    14,360 sqft 2.07 AC lot
    View details
    1314 Luna Ave
    MOTEL

    1314 Luna Ave, Rapid City, SD 57701-6950

    Estimated value:
    $1,065,000
    18,679 sqft 4.62 AC lot
    View details

    Rapid City, SD Hospitality Properties Market Trends and Statistics

    Explore 60 hospitality properties for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 46,659 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Pennington County

    Residential Income

    Property Size Breakdown

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

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