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    Rapid City, SD Hotels for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, 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
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    Commercial Hotel Property
    Updated: Apr 11
    Commercial Hotel Property

    2215 Mt Rushmore Rd, Rapid City, SD 57701

    Contact for pricing
    Hotel property for sale at 2215 Mt Rushmore Rd in Rapid City
    Lodging demand supported by major regional attractions mentioned in the listing
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    Big Sky Lodge Hotel
    Big Sky Lodge Hotel

    4080 Tower Rd, Rapid City, SD 57701

    Contact for pricing

    Hotel property associated with the Black Hills tourism market.

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    See what stands out in Pennington County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    199-Room Hotel Near Interstate 90
    199-Room Hotel Near Interstate 90

    1902 N Lacrosse St, Rapid City, SD 57701

    Contact for pricing

    Hospitality property along a principal arterial near the Black Hills and Mount Rushmore.

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    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 4 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    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.

    View details
    Renovated 48-Unit Hotel
    Renovated 48-Unit Hotel

    519 Crook St, Custer, SD 57730

    $1,600,000

    Interior-corridor lodging property with updated guest rooms and on-site amenities.

    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.

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    46-Room Hotel and Pool Property
    46-Room Hotel and Pool Property

    206 & 220 Mountain Shadow Lane, Deadwood, SD 57732

    Contact for pricing
    8.30 AC lot

    46-room hotel on 8.3 acres with an in-ground swimming pool, hot tub, and multiple buildings.

    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.

    815 Mall Dr
    HOTEL

    815 Mall Dr, Rapid City, SD 57701-7871

    $1,360,000
    Estimated value
    20,988 sqft 4.13 AC lot
    View details
    Marlin Dr
    Multifamily properties

    0 Marlin Dr, Rapid City, SD 57703

    Value Estimation by Request
    3.11 AC lot
    View details
    3333 Outfitter Rd
    HOTEL

    3333 Outfitter Rd, Rapid City, SD 57701-7937

    $915,000
    Estimated value
    16,387 sqft 2.49 AC lot
    View details
    445 Mt Rushmore Rd
    HOTEL

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

    $810,000
    Estimated value
    14,360 sqft 2.07 AC lot
    View details
    1313 Lacrosse St
    HOTEL/MOTEL

    1313 Lacrosse St, Rapid City, SD 57701-6956

    $375,000
    Estimated value
    8,867 sqft 1.00 AC lot
    View details
    1715 Lacrosse St
    HOTEL/MOTEL

    1715 Lacrosse St, Rapid City, SD 57701-0705

    $1,185,000
    Estimated value
    23,191 sqft 4.04 AC lot
    View details
    1902 Lacrosse St
    HOTEL/MOTEL

    1902 Lacrosse St, Rapid City, SD 57701-0708

    $1,260,000
    Estimated value
    19,671 sqft 6.91 AC lot
    View details
    4201 Interstate 90th Service Rd
    HOTEL/MOTEL

    4201 Interstate 90th Service Rd, Rapid City, SD 57703

    $1,185,000
    Estimated value
    19,376 sqft 3.00 AC lot
    View details
    915 Fairmont Blvd
    HOTEL/MOTEL

    915 Fairmont Blvd, Rapid City, SD 57701-6300

    $1,115,000
    Estimated value
    18,000 sqft 2.54 AC lot
    View details
    1300 Elk Vale Rd
    HOTEL/MOTEL

    1300 Elk Vale Rd, Rapid City, SD 57703-9588

    $1,620,000
    Estimated value
    24,297 sqft 5.15 AC lot
    View details
    1333 Elk Vale Rd
    HOTEL/MOTEL

    1333 Elk Vale Rd, Rapid City, SD 57703-9504

    $1,105,000
    Estimated value
    16,795 sqft 3.60 AC lot
    View details
    825 Eglin St
    HOTEL/MOTEL

    825 Eglin St, Rapid City, SD 57701-9574

    $1,745,000
    Estimated value
    28,584 sqft 5.62 AC lot
    View details
    3723 Eglin St
    HOTEL/MOTEL

    3723 Eglin St, Rapid City, SD 57703-9506

    $955,000
    Estimated value
    14,519 sqft 2.52 AC lot
    View details
    645 Disk Dr
    HOTEL/MOTEL

    645 Disk Dr, Rapid City, SD 57701-7812

    $1,110,000
    Estimated value
    18,100 sqft 2.63 AC lot
    View details
    4031 Cheyenne Blvd
    HOTEL/MOTEL

    4031 Cheyenne Blvd, Rapid City, SD 57703-4804

    $680,000
    Estimated value
    10,824 sqft 1.58 AC lot
    View details
    4040 Cheyenne Blvd
    HOTEL/MOTEL

    4040 Cheyenne Blvd, Rapid City, SD 57703-4801

    $820,000
    Estimated value
    12,092 sqft 2.29 AC lot
    View details
    1920 Hope Ct
    HOTEL/MOTEL

    1920 Hope Ct, Rapid City, SD 57701-1019

    $540,000
    Estimated value
    19,087 sqft 2.59 AC lot
    View details
    1611 Caregiver Cir
    HOTEL/MOTEL

    1611 Caregiver Cir, Rapid City, SD 57702-8529

    $1,000,000
    Estimated value
    15,200 sqft 2.37 AC lot
    View details
    950 Nn St
    HOTEL/MOTEL

    950 Nn St, Rapid City, SD 57701-1149

    $980,000
    Estimated value
    15,217 sqft 1.55 AC lot
    View details
    580 Watiki Way
    HOTEL/MOTEL

    580 Watiki Way, Rapid City, SD 57703

    $1,755,000
    Estimated value
    28,894 sqft 2.17 AC lot
    View details

    Rapid City, SD Hotels Market Trends and Statistics

    Explore 24 hotels for sale in Rapid City, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 46,659 square feet of properties for sale.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 4
    Campgrounds 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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