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Rapid City, SD Hotels for Sale

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Aberdeen, SD Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, 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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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 25 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 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.

Historic Hotel with Restaurant and Bar
Historic Hotel with Restaurant and Bar

102 S MAIN AVE, Hyannis, NE 69350

$120,000
9,720 sqft

Historic Hyannis hotel offering 9 guest rooms, an attached apartment, and an on-site restaurant, bar, and beer garden.

View details
Limited-Service Hotel with 75 Rooms
Limited-Service Hotel with 75 Rooms

251 W Holly St, Sidney, MT 59270

$2,395,000

Holiday Inn Express & Suites in Sidney, MT offers 75 rooms and was built in 2012.

View details
Historic Hotel with Restaurant
Historic Hotel with Restaurant

102 S MAIN AVE, HYANNIS, NE 693509700, Hyannis, NE 69350

$120,000
0.08 AC lot

Hospitality property combining guest lodging, a restaurant, bar, and an outdoor beer garden.

View details
Quality Inn Hotel For Sale
Quality Inn Hotel For Sale

730 E Jennifer Ln, Sidney, NE 69162

Contact for pricing

55-room hotel near local attractions and Interstate 80.

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

Estimated value:
$1,360,000
20,988 sqft 4.13 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
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
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
1313 Lacrosse St
HOTEL/MOTEL

1313 Lacrosse St, Rapid City, SD 57701-6956

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

1715 Lacrosse St, Rapid City, SD 57701-0705

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

1902 Lacrosse St, Rapid City, SD 57701-0708

Estimated value:
$1,260,000
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

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

915 Fairmont Blvd, Rapid City, SD 57701-6300

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

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

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

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

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

825 Eglin St, Rapid City, SD 57701-9574

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

3723 Eglin St, Rapid City, SD 57703-9506

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

645 Disk Dr, Rapid City, SD 57701-7812

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

4031 Cheyenne Blvd, Rapid City, SD 57703-4804

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

4040 Cheyenne Blvd, Rapid City, SD 57703-4801

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

1920 Hope Ct, Rapid City, SD 57701-1019

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

1611 Caregiver Cir, Rapid City, SD 57702-8529

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

950 Nn St, Rapid City, SD 57701-1149

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

580 Watiki Way, Rapid City, SD 57703

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

Rapid City, SD Hotels Market Trends and Statistics

Explore 21 hotels 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
Resorts 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%

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.

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