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    Spearfish, SD Motels for Sale

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    Whitewood, SD Lead, SD Belle Fourche, SD
    Turnkey Motel/Airbnb Investment Opportunity
    $1,700,000
    5,787 SF

    Turnkey Motel/Airbnb Investment Opportunity

    450 W Kansas Street, Spearfish, SD 57783

    20-unit motel/Airbnb with development potential in Spearfish, SD.

    • Turnkey 20‑unit motel/Airbnb operation, providing immediate cash flow.
    • Zoned C‑1 Commercial, allowing for diverse income strategies.
    • Development opportunity with completed flood study and plans for two additional duplexes.
    • High‑traffic location and high visibility.
    • Existing infrastructure includes natural gas heating and wall unit cooling.
    Updated: Apr 21
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three Motels on Highway 212
    $1,199,000
    2.17 Acres

    Three Motels on Highway 212

    Three turn-key motels with expansion opportunity in Broadus, Montana.

    Broadus, MT 59317
    View details
    Sturgis Motel Investment Opportunity
    $849,999
    18,295 SF

    Sturgis Motel Investment Opportunity

    Turnkey motel property in Sturgis, South Dakota, near Main Street.

    1051 Park Street, Sturgis, SD
    View details
    Three Motels on Highway 212
    $1,199,000

    Three Motels on Highway 212

    Three motels available for sale in Broadus, Montana.

    Broadus, MT 59317
    View details
    Super 8 Sturgis For Sale
    $3,300,000
    24,471 SF

    Super 8 Sturgis For Sale

    Cash-flowing hospitality asset in high-demand Black Hills tourism corridor.

    2600 Whitewood Service Road, Sturgis, SD 57785
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hardin, MT Commercial Land
    $249,900
    3.06 Acres

    Hardin, MT Commercial Land

    3-acre commercial lot near I-90 in Hardin, Montana.

    14th W, Hardin, MT 59034
    View details
    Greybull, WY Commercial Land
    $80,000
    1.50 Acres

    Greybull, WY Commercial Land

    Commercial land with highway frontage and available utilities in Greybull.

    Hwy 20 S, Greybull, WY 82426
    View details
    Highway Frontage Commercial Land
    $80,000
    1.50 Acres

    Highway Frontage Commercial Land

    1.5 acre commercial land with highway frontage in Greybull.

    Hwy 20 S, Greybull, WY 82426
    View details
    Greybull, WY Commercial Development Land
    $80,000
    1.50 Acres

    Greybull, WY Commercial Development Land

    Commercial land with highway frontage and utilities in Greybull, WY.

    Hwy 20 S, Greybull, WY 82426
    View details

    Spearfish, SD Motels Investment Opportunities Market Analysis

    Explore 1 motels for sale in Spearfish, SD on our real estate platform. These investment opportunities span a total of 5,787 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for motels in Spearfish, SD start at $1,700,000, averaging $1,700,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Motels 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +9.0%
    Median Household Income $64,970
    College Educated 47.6%

    High-Yield Neighborhoods for Investment

    Identify Spearfish submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    57783 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.58%
    Property Tax per SF $27.33 per sq ft
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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