Advertise
    Spearfish, SD
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Spearfish, SD Hospitality Properties for Sale

    Notify Me
    List
    Map
    Lead, SD Belle Fourche, SD Whitewood, SD
    Turnkey Motel/Airbnb Investment Opportunity
    $1,700,000
    5,787 SF
    Turnkey Motel/Airbnb Investment Opportunity

    450 W Kansas Street, Spearfish, SD 57783

    20-unit motel/Airbnb with development potential in Spearfish, SD.
    • Turnkey 20‑unit motel/Airbnb operation, providing immediate cash flow.
    • Zoned C‑1 Commercial, allowing for diverse income strategies.
    • Development opportunity with completed flood study and plans for two additional duplexes.
    • High‑traffic location and high visibility.
    • Existing infrastructure includes natural gas heating and wall unit cooling.
    Updated: Apr 21
    View details
    Turnkey 20-Unit Motel Property
    $1,700,000
    5,787 SF
    Turnkey 20-Unit Motel Property

    925 North 3rd Street, Spearfish, SD 57783

    Zoned C-1 commercial motel/Airbnb with plans for two duplexes and a completed flood study.
    • 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
    Updated: Jun 4
    View details
    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.

    Historic Deadwood Casino and Saloon
    $12,500,000
    19,844 SF
    Historic Deadwood Casino and Saloon

    Multi-revenue historic asset on Deadwood's most trafficked corridor.

    662 Main Street, Deadwood, SD 57732

    View details
    Historic Deadwood Multi-Revenue Asset
    $12,500,000
    19,844 SF
    Historic Deadwood Multi-Revenue Asset

    Stabilized hospitality complex with casino, restaurant, and historic saloon.

    662 Main Street, Deadwood, SD 57732

    View details
    Turnkey Motel Property
    $849,999
    18,295 SF
    Turnkey Motel Property

    Furnished lodging mix with multiple efficiency and one-bedroom units plus a 2-bedroom home, ready for immediate occupancy.

    1051 Park Street, Sturgis, SD

    View details
    Super 8 Sturgis For Sale
    $3,300,000
    24,471 SF
    Super 8 Sturgis For Sale

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

    2600 Whitewood Service Road, Sturgis, SD 57785

    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.

    Commercial Land in Growing Spearfish
    $449,000
    0.89 Acres
    Commercial Land in Growing Spearfish

    Prime commercial lot with high visibility and great access.

    Lot 1 Platinum Drive, Spearfish, SD 57783

    View details
    Highway Service Commercial Land Available
    $2,033,380
    46.68 Acres
    Highway Service Commercial Land Available

    46 acres of commercial land with highway frontage near I-90.

    Kellem Lane, Spearfish, SD 57783

    View details
    80 Acres in Spearfish Canyon
    $2,500,000
    80.00 Acres
    80 Acres in Spearfish Canyon

    80 acres of historic Spearfish Canyon with endless possibilities.

    10685 Billie Lane, Lead, SD 57732

    View details
    Residential Land Near Deadwood
    $289,000
    3.79 Acres
    Residential Land Near Deadwood

    3.79-acre build site near Deadwood and Sturgis.

    Mattson Lane lot: 9, Sturgis, SD 57785

    View details

    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
    Lot: 6.29 Acres
    Value Estimation by Request

    10900 Rimrock Ln, Spearfish, SD 57783

    View details

    Spearfish, SD Hospitality Properties Investment Opportunities Market Analysis

    Explore 3 hospitality properties for sale in Spearfish, SD on our real estate platform. These investment opportunities span a total of 11,574 square feet of properties for sale, with an estimated market value of $3,400,000.

    Sale prices for hospitality properties in Spearfish, SD start at $1,700,000, averaging $1,700,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 2

    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
    57783 $1.7M

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Hospitality properties for Sale Near Spearfish, SD

    Popular Searches in Spearfish, SD

    Popular Categories

    Most Searched ZIP Codes in Spearfish, SD

    • 57783

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!