Spearfish Commercial Building with Expansion Potential

3103 E Fairgrounds Loop, Spearfish, SD 57783

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For Sale

$1,299,000

CI Land w/Building - Spearfish, SD

Property size:

9,600 SF

Lot size:

0.90 Acres

Price / SF:

$135/SF

HighLights

Established commercial building with tenants in place providing income.
Located just off I‑90, exit 8, in the Spearfish Industrial Park.
Room to expand parking or the building on .9 acres.
Main floor is 4800+- square feet featuring 4 separate suites and an apartment (living quarters).
Basement is another 4800+- square feet partially built out including office, storage, and garage space.
Historically 100% occupancy.

We can help!

Listing Contact

Brandon Harvey

For Sale

$1,299,000

CI Land w/Building - Spearfish, SD

Property size:

9,600 SF

Lot size:

0.90 Acres

Price / SF:

$135/SF

Added:: Dec 11, 2025
Days on Market:: 185
Last Refresh:: Jun 14 at 11:06 pm

Property Features for 3103 E Fairgrounds Loop

General Information

Property type: Commercial Sale
Property subtype: Other
Parking features: Parking Lot, Paved or Surfaced
Interior features: High Visibility, Living Quarters, Storage
Exterior features: Highway Access
Standard status: Active
Size: 9,600 SF
Lot size: 0.90 Acres

Utilities

Heating system: Baseboard, Electric (Heating), Forced Air, Natural Gas

Building Details

Year built: 1978
Architectural style: Other

We can help!

Listing Contact

Brandon Harvey

Listing agent Brandon Harvey

Listing office Great Peaks Realty 115 E. Hudson, Spearfish, SD

Listing date Dec 11, 2025

MLS# 86892 Listing URL

Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Established commercial building with tenants in place providing income.
Located just off I‑90, exit 8, in the Spearfish Industrial Park.
Room to expand parking or the building on .9 acres.
Main floor is 4800+- square feet featuring 4 separate suites and an apartment (living quarters).
Basement is another 4800+- square feet partially built out including office, storage, and garage space.
Historically 100% occupancy.

Overview

This established commercial building, located just off I-90 at exit 8 in the Spearfish Industrial Park, offers an opportunity for investment. The property features tenants in place and room to expand. The main floor comprises approximately 4800 square feet, featuring 4 separate suites and an apartment. The basement provides an additional 4800 square feet, partially built out with office space, storage space, garage space, and a large walk-in cooler (condenser unit removed). Historically, the property has maintained 100% occupancy. Situated on 0.9 acres, the site allows for expansion of parking or the building itself. The property is suitable for mixed-use, office, warehouse, industrial, and residential income purposes.

Property Profile Location Intelligence

Current Use by Public Records

Spearfish Martial Arts Training Center Nuclear Diagnostics LLC Medical Clinic GypsySole Photography Photography Service

Suggested Use

Location Insight

Map
Local Demand

City: Spearfish
County: Lawrence
State: South Dakota
Longitude: -103.886919
Latitude: 44.51833

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For sale
Mixed-use properties
SD
Spearfish
57783
3103 E Fairgrounds Loop

What type of property is this?

Mixed-use property - Established commercial building near I-90 with income and expansion potential.

Where is this mixed-use property located?

The property is located at 3103 E Fairgrounds Loop Spearfish, SD.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: Established commercial building with tenants in place providing income.; Located just off I‑90, exit 8, in the Spearfish Industrial Park.; Room to expand parking or the building on .9 acres.

3103 E Fairgrounds Loop, Spearfish, SD 57783

CI Land w/Building - Spearfish, SD

Property Features for 3103 E Fairgrounds Loop

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Spearfish Commercial Building on I-90

Turnkey Motel/Airbnb Investment Opportunity

New Commercial Garage in Spearfish

Renovated Commercial Building in Spearfish

Brand New 24x48 Industrial Shop

Investment Duplex and Office Barn

Ranch Duplex with Pole Barn

Downtown 5-Plex Residential Income

Profitable Lawn Care Business Opportunity

New Multi-Use Industrial Building

Established Landscaping Business Opportunity

Retail Space with Creek Access

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