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    Spearfish, SD
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    Spearfish, SD Restaurants for Sale

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    Hot Springs, SD Lead, SD Belle Fourche, SD Whitewood, SD Deadwood, SD Sturgis, SD Central City, SD Beulah, WY
    Cabin Resort with Historic Lodge
    Updated: Sep 21
    Cabin Resort with Historic Lodge

    10900 OTHER, Spearfish, SD 57783

    $2,795,000
    7,480 sqft
    6.29‑acre resort property with 7,480 square feet
    Six cabins, an owner’s suite, and three guest suites
    1919 lodge with expansive decks and a sunroom dining addition
    Kitchen recently upgraded with a new 10‑top range and renovated appliances
    Separate gift shop and gallery offering beer, wine, and local goods
    View details
    Historic Mixed-Use Property with Opera House
    Updated: Sep 9
    Historic Mixed-Use Property with Opera House

    604 Main Street, Spearfish, SD 57783

    $2,999,999
    63,000 sqft
    Approximately 63,000 square feet of mixed‑use space
    Matthews Opera House and dance hall included within the property
    Retail, restaurant, office, service, apartment, and entertainment spaces
    Three roof sections covered by an 80‑mil PVC membrane system
    AT&T rooftop communications lease provides an additional revenue source
    View details
    Multi-Tenant Mixed-Use Building
    Multi-Tenant Mixed-Use Building

    741 Main St, Spearfish, SD 57783

    $4,600,000

    A varied roster of commercial occupants spans food service, professional offices, online retail, and short-term lodging.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Multi-Use Downtown Commercial Building
    Multi-Use Downtown Commercial Building

    406 5th St, Rapid City, SD 57701

    $1,399,900
    13,197 sqft

    Multi-tenant downtown property on 5th St with strong daily traffic and flexible space for restaurants, retail, office, or entertainment.

    View details
    Freestanding Former Hardee’s Restaurant
    Freestanding Former Hardee’s Restaurant

    2250 Haines Avenue, Rapid City, SD 57701

    Contact for pricing
    4,391 sqft 1.51 AC lot

    Commercial-corridor site includes on-site parking, convenient access, and a pylon sign.

    View details
    Established Pub with Commercial Kitchen
    Established Pub with Commercial Kitchen

    314 W Main St, Lead, SD 57754

    $924,950

    Operating pub with a transferable full on-sale liquor license, custom interior elements, and a fully equipped food-service area.

    View details
    Commercial
    Commercial

    21417 Us Hwy 14A, Lead, SD 57754

    $1,150,000

    Conventional restaurants

    View details

    Off-Market Properties in Spearfish, SD

    Consider similar Off-Market properties in Spearfish, 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.

    344 Main St
    Individual retail properties

    344 Main St, Spearfish, SD 57783

    Estimated value: by Request
    View details

    Spearfish, SD Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Spearfish, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 70,480 square feet of properties for sale, with an estimated market value of $10,394,999.

    Sale prices for restaurant properties in Spearfish, SD start at $2,795,000, averaging $3,464,999, and reaching up to $4,600,000 — 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

    Conventional restaurants 2

    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 average listing prices of real estate assets

    Neighborhood Average Price
    57783 $1.5M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Lawrence County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Featured Spearfish Real Estate Agencies

    Realmo connects you with licensed Spearfish CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Landmark Realty & Development Company
    1130 North Main Street, Suite #7 Spearfish, SD 57783
    Phone: 16056412979
    www.spearfishlandmark.com
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