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Hot Springs, SD Office Spaces for Sale

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Custer, SD Buffalo Gap, SD Smithwick, SD Edgemont, SD Fairburn, SD Oelrichs, SD
Multi-Tenant Office Building
Updated: Aug 2
Multi-Tenant Office Building

646 Jennings Avenue, Hot Springs, SD 57747

$850,000
1.00 AC lot
10,560 square feet on 1 acre
Approximately 26 rentable office and retail suites
Built in 1969 with solid masonry exterior construction
Many original interior walls are non‑load bearing; flexibility excludes the south addition
Abundant on‑site parking
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Storefront with Rear Office Space
Updated: Apr 22
Storefront with Rear Office Space

307 S CHICAGO, Hot Springs, SD 57747

$133,150
691 sqft
Main Street property with versatile layout for retail, office, or studio use
Renovated in 2023 with a new bathroom and shower
Front storefront plus a flexible rear area with kitchenette and private office/workspace potential
Secondary 432 SF structure off the alley, partially gutted and ready for build‑out
Outside entrance to small utility basement for water heater and forced air furnace
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Hot Springs, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 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.

NNN Office Property with Private Offices
NNN Office Property with Private Offices

139 W 3rd Street, Chadron, NE 69337

$230,000
3,928 sqft 0.09 AC lot

Remodeled commercial space with a three-year NNN lease and multiple dedicated offices.

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Creekside Office Building Investment Opportunity
Creekside Office Building Investment Opportunity

2620 Jackson Boulevard, Rapid City, SD 57702

$1,425,000
11,843 sqft

Well-located office building with high occupancy and investment potential.

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NNN Property with Private Offices
NNN Property with Private Offices

139 W 3rd Street, Chadron, NE 69337

$230,000
3,928 sqft

Updated finishes and multiple private offices accompany an existing triple-net lease.

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Historic Office Building with Upstairs Suite
Historic Office Building with Upstairs Suite

1204 Mt Rushmore Rd, Rapid City, SD 57701

$284,900
1,440 sqft

A 1,440 SF office building with main-level office and meeting space, plus an upstairs area with its own full bath.

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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.

Downtown Corner Commercial Land
Downtown Corner Commercial Land

Mt. Rushmore Road, Custer, SD 57730

$299,000
0.34 AC lot

Vacant, build-ready lots with city services occupy a signalized intersection in Custer.

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Off-Market Properties in Hot Springs, SD

Consider similar Off-Market properties in Hot Springs, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3 Canyon View Cir
Land

3 Canyon View Cir, Hot Springs, SD 57747

Estimated value:
by Request
3,000 sqft 3.14 AC lot
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26914 Sd Hwy 89
OFFICE BUILDING

26914 Sd Hwy 89, Hot Springs, SD 57747

Estimated value:
$305,000
2,160 sqft 80.00 AC lot
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Hot Springs, SD Office Spaces Market Trends and Statistics

Explore 4 office spaces for sale in Hot Springs, SD on our real estate platform. These investment opportunities span a total of 691 square feet of properties for sale, with an estimated market value of $983,150.

Sale prices for office spaces in Hot Springs, SD start at $133,150, averaging $491,575, and reaching up to $850,000 — 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

Commercial property segments ranked by active listings on the market

Office buildings 1
Office Units 1

Demographics Overview

Population 5,889
Population Growth (5Y) -0.4%
Median Household Income $64,023
College Educated 32.2%

High-Yield Neighborhoods for Investment

Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57747 $133.2K

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $92.35 per SF
Average Loan-to-Value 65.0%

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