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Multi-Use Hospitality Resort & Event Center
For Sale
$1,600,000

603 N River St, Hot Springs, SD 57747

Resort property includes short-term rentals, an event center for up to 250 guests, and an on-site spa and wellness area.

Property SizeContact for details
Days on Market176

Property Features for 603 N River St

General Information

Standard status Active
Property subtype Multi-Family

Amenities

spa and wellness area
event center
full kitchen
dedicated dining room

Building Details

Year Built 1891
Listed By: Team Malott
Source: Rapidcitysearch
Added: Mar 17 Changed: Sep 8 Last Checked: Sep 8 at 5:52AM

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 Team Malott

Investment Insights

Based on property information with market context.

Red Rock River Resort is a multi-use hospitality property with 11 short-term rental accommodations, including a two-bedroom apartment, each supported by a full kitchen and dedicated dining room for group stays. The event center is designed to host up to 250 guests and includes three attached bedrooms intended to complement event-weekend lodging.

The resort also features an on-site spa and wellness area with a hot sand room, granite room, hot soaking tub room, and massage rooms. The property is presented with historic character and a flexible layout.

Overall, the configuration combines lodging, group dining capabilities, event hosting, and wellness amenities within one resort setting.

Key Highlights

  • Red Rock River Resort (603 N River St, Hot Springs, SD) built in 1890 with multi‑use hospitality setup
  • 11 short‑term rental accommodations, including a 2‑bedroom apartment, plus a full kitchen and dedicated dining room
  • Event center capacity up to 250 guests, suited for weddings, corporate events, reunions, and private functions

Property Analytics

Current Use

Resorts

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.

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Resort property includes short-term rentals, an event center for up to 250 guests, and an on-site spa and wellness area.
Where is this resort located?
The property is located at 603 N River St Hot Springs, SD.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Red Rock River Resort (603 N River St, Hot Springs, SD) built in 1890 with multi‑use hospitality setup; 11 short‑term rental accommodations, including a 2‑bedroom apartment, plus a full kitchen and dedicated dining room; Event center capacity up to 250 guests, suited for weddings, corporate events, reunions, and private functions
More about this property
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