Building Details

Year Built 1891

Listing Agency: Berkshire Hathaway HomeServices Midwest Realty

Listed By: Cheri St. Pierre · License #1351

Source: Arcblackhills

Added: Jul 18 Changed: Oct 12 Last Checked: Oct 19 at 8:03AM

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Investment Insights

Based on property information with market context.

Retail space is available for lease inside the historic Red Rock River Resort in Hot Springs, South Dakota. The offering includes approximately 2,500 square feet of interior retail space within a multi-use property.

The Red Rock River Resort is a restored sandstone building originally constructed in 1891. The resort environment includes boutique hotel suites, a destination spa, and event and wedding venues, along with multiple commercial spaces, supporting an active year-round setting for retail operations.

This space is suited for tenants seeking a storefront location within a landmark resort property that draws both guests and visitors to downtown Hot Springs.

Key Highlights

• Approximately 2,500 SF of retail space available for lease inside the historic Red Rock River Resort in Hot Springs, SD.
• Located within a multi‑use resort property with boutique hotel suites, a destination spa, and event and wedding venues.
• Historic sandstone building originally constructed in 1891, offering restored character for retail tenants.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store Plumbing Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.44 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

521

Businesses Nearby

10k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 59% Home Improvements & Furnishings 41%

Hot Springs Ace Hardware Home Improvements & Furnishings

4,089 visits/mo 0.5 miles

Dollar General Shops & Services

3,527 visits/mo 0.5 miles

Phillips 66 Shops & Services

2,467 visits/mo 0.4 miles

Demographics for 57747, SD

5,695

Population

3,481

Households

1.6

Avg Household Size

56

Median Age

22%

College-Educated

90%

High-School Grad

508.3 sq mi

ZIP Area

11

Density / Sq Mi

$64,023

Median Household Income

$42,427

Median Earnings

$850

Median Rent

$195,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Retail space - Approximate 2,500-square-foot retail space available within the historic Red Rock River Resort in Hot Springs, South Dakota.

Where is this retail space located?

The property is located at 603 N River St Hot Springs, SD.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: Approximately 2,500 SF of retail space available for lease inside the historic Red Rock River Resort in Hot Springs, SD.; Located within a multi‑use resort property with boutique hotel suites, a destination spa, and event and wedding venues.; Historic sandstone building originally constructed in 1891, offering restored character for retail tenants.