Hospitality

Spearfish, SD Hospitality Properties for Sale

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Hot Springs, SD Lead, SD Belle Fourche, SD Whitewood, SD Deadwood, SD Central City, SD Sturgis, SD Beulah, WY
Resort Property With Guest Cabins
Updated: Sep 8
Resort Property With Guest Cabins

10900 Rimrock Place, Spearfish, SD 57783

$2,795,000
6.29‑acre resort property in Spearfish Canyon
Six cabins plus an owner's suite and 3 guest suites
1919 lodge includes expansive decks and a sunroom
Kitchen has a 10‑top range and renovated appliances
Standalone gift shop and gallery with beer, wine, and local goods
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Turnkey 20-Unit Motel Property
Updated: Jun 4
Turnkey 20-Unit Motel Property

925 North 3rd Street, Spearfish, SD 57783

Contact for pricing
5,787 sqft
20‑unit motel/Airbnb property operating as a cash‑flowing multi‑use investment
Zoned C‑1 Commercial, allowing multiple income approaches such as short‑term rentals, long‑term tenants, or motel use
Plans are in place for two additional duplexes to expand the property’s rental inventory
Completed flood study supporting the proposed duplex expansion
Year built: 1970
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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 11 Potential Opportunities for your consideration. Besides 2 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 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.

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Boutique Hotel with Manager Apartment
Boutique Hotel with Manager Apartment

103 CHARLES, Deadwood, SD 57732

$2,890,000

Operating boutique inn with 24 guest rooms, a connected manager’s apartment, and a rear four-stall garage.

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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.

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Key Comfort Inn & Suites Hotel
Key Comfort Inn & Suites Hotel

225 Cliff St, Deadwood, SD 57732

$6,500,000

Key Comfort Inn & Suites offers rooms plus on-site restaurant, bar, casino-style gaming, arcade, and mini golf.

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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.

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.

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Residential Lot Near Terry Peak
Residential Lot Near Terry Peak

Trailside Road 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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Recreation Lot in Powderhouse Pass
Recreation Lot in Powderhouse Pass

11291 Trailside Loop, Lead, SD 57754

$254,000
0.51 AC lot

Inside-curve, lightly treed lot with utilities to the line and walkout potential in a Black Hills recreation community.

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Zoned Commercial and Residential Land
Zoned Commercial and Residential Land

Commercial Lane, Sundance, WY 82729

$170,000
1.38 AC lot

Vacant land in Sundance, WY with utilities available and zoning that supports both commercial and residential uses.

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Off-Market Properties in Spearfish, SD

Consider similar Off-Market properties in Spearfish, 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.

10900 Rimrock Ln
Hospitality properties

10900 Rimrock Ln, Spearfish, SD 57783

Estimated value:
by Request
6.29 AC lot
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Spearfish, SD Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Spearfish, SD on our real estate platform. These investment opportunities span a total of 5,787 square feet of properties for sale, with an estimated market value of $2,795,000.

Sale prices for hospitality properties in Spearfish, SD average $2,795,000 — 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

Hotels 1
Motels 1
Resorts 1

Demographics Overview

Population 18K
Population Growth (5Y) +9.0%
Median Household Income $64,970
College Educated 47.6%

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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