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Hot Springs, SD Resorts for Sale

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Custer, SD Oral, SD Smithwick, SD Fairburn, SD Oelrichs, SD Edgemont, SD
Multi-Use Hospitality Resort & Event Center
Updated: Mar 17
Multi-Use Hospitality Resort & Event Center

603 N River St, Hot Springs, SD 57747

$1,550,000
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
Event center includes three attached bedrooms to support event‑weekend lodging packages
On‑site spa and wellness area with a hot sand room, granite room, hot soaking tub room, and massage rooms
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hot Springs, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Resort Event Center with Shooting Course
Resort Event Center with Shooting Course

8604 County Road 6, Wiggins, CO 80654

$2,100,000
12,000 sqft 160.00 AC lot

A ranch resort with event facilities, hotel suites, and an operational shooting clay course for recreation and gatherings.

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Cabin Resort with Historic Lodge
Cabin Resort with Historic Lodge

10900 OTHER, Spearfish, SD 57783

$2,795,000
7,480 sqft

A multi-building hospitality property combines guest cabins, suites, dining space, and a separate shop and gallery.

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Historic Lodge Resort
Historic Lodge Resort

10900 Rimrock Lane, Spearfish, SD 57783

Contact for pricing
6.29 AC lot

Hospitality improvements combine overnight accommodations, food service, and a separate retail gallery.

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Turn-Key Resort & Event Center
Turn-Key Resort & Event Center

8604 Co Rd 6, Wiggins, CO 80654

Contact for pricing
12,000 sqft 660.00 AC lot

Lodge, event center, and hunting preserve near Denver.

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Hot Springs, SD Resorts Market Trends and Statistics

Explore 1 resorts for sale in Hot Springs, SD on our real estate platform.

Sale prices for resorts in Hot Springs, SD average $1,550,000 — 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

Campgrounds 1
Motels 1
Resorts 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 $1.6M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Fall River County

New Delisted

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