117-Room Hotel
For Sale
Contact for pricing
2124 N LACROSSE ST, Rapid City, SD 57701
As-is hospitality asset offering redevelopment, repositioning, and adaptive reuse potential.
Property Size46,659 SF
Price / SF$55.72
Days on Market162
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Property Features for 2124 N LACROSSE ST
General Information
Standard status
Active
Size
46,659 SF
Property subtype
Hospitality
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$3,200,000
Building Details
Year Built
1977
Stories
2
Units
1
Listing Agency:
Hospitality & Commercial Brokers
Listed By:
Pat Green · License #WY 491
(307) 686-9500
Source:
Crexi
Added: May 7
Changed: Oct 15
Last Checked: Oct 14 at 11:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hospitality & Commercial Brokers
Investment Insights
Based on property information with market context.
The property is a 117-room hotel comprising 46,659 square feet and constructed in 1977. It is offered in as-is condition, with the existing scale and layout supporting renovation, hospitality repositioning, or adaptive reuse strategies.
The asset occupies a commercial location at 2124 N LaCrosse St in Rapid City, South Dakota, directly off Interstate 90 and LaCrosse Street. Nearby commercial activity includes retail and restaurant development featuring Chick-fil-A and Les Schwab. The property is also situated within a market supported by Ellsworth Air Force Base and ongoing regional investment.
Limited recent additions to Rapid City’s midscale hotel supply and continued demand for workforce-oriented and affordable housing are identified as market factors relevant to future redevelopment planning.
The asset occupies a commercial location at 2124 N LaCrosse St in Rapid City, South Dakota, directly off Interstate 90 and LaCrosse Street. Nearby commercial activity includes retail and restaurant development featuring Chick-fil-A and Les Schwab. The property is also situated within a market supported by Ellsworth Air Force Base and ongoing regional investment.
Limited recent additions to Rapid City’s midscale hotel supply and continued demand for workforce-oriented and affordable housing are identified as market factors relevant to future redevelopment planning.
Key Highlights
- 117‑room hotel with 46,659 SF of building area
- As‑is property constructed in 1977
- Directly off Interstate 90 and LaCrosse Street
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
Explore this area
Business Placement
Demographics for 57701, SD
46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - As-is hospitality asset offering redevelopment, repositioning, and adaptive reuse potential.
Where is this hotel located?
The property is located at 2124 N LACROSSE ST Rapid City, SD.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 117‑room hotel with 46,659 SF of building area; As‑is property constructed in 1977; Directly off Interstate 90 and LaCrosse Street
