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    Hot Springs, SD Retail Properties & Spaces for Sale

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    Downtown Hot Springs Commercial Space
    $135,000
    1,475 SF

    Downtown Hot Springs Commercial Space

    431 N River, Hot Springs, SD 57747

    Commercial space in downtown Hot Springs ready for custom buildout.

    • Prime downtown Hot Springs location ideal for attracting tourist traffic.
    • Situated across from the Hot Springs River Walk with waterfall view.
    • 1,475sf commercial space suitable for restaurant or retail.
    • Interior is stripped down and ready for custom buildout.
    • Plans in progress for new storefront window and entry door.
    Updated: Feb 12
    View details
    Historic Hot Springs Mixed-Use Building
    $920,000
    10,395 SF

    Historic Hot Springs Mixed-Use Building

    401 N River St, Hot Springs, SD

    Exceptional historic building with retail, residential, and garage spaces.

    • Largest and most exceptional historic sandstone building for sale in Hot Springs.
    • Prime location on N River Street with high retail traffic.
    • Substantial 10,395 square feet including retail space, loft apartment, and two large garages.
    • Complete overhaul in 2021 with new electrical, plumbing, flooring, paint, and fixtures.
    • New roof installation and roof repairs scheduled to begin in April/May 2023.
    Updated: Nov 5, 2025
    View details
    Based on your search, we've compiled 12 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 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Remodeled Retail Space in Rapid City
    $549,000
    3,456 SF

    Remodeled Retail Space in Rapid City

    2,136 SF remodeled retail space with additional income potential.

    12300 W Hwy 44, Rapid City, SD 57702
    View details
    Established Liquor Store in Newcastle
    $210,000
    1,312 SF

    Established Liquor Store in Newcastle

    Turnkey liquor store with strong sales history and growth potential.

    623 W Main St, Newcastle, WY 82701
    View details
    Newcastle Commercial Building with Garage
    $1,199,000

    Newcastle Commercial Building with Garage

    Versatile 8,640 SF commercial building on 2.24 acres.

    2100 W Main St, Newcastle, WY 82701
    View details
    Retail/Office Space with Black Hills Views
    Contact for pricing
    3,315 SF

    Retail/Office Space with Black Hills Views

    Multi-unit retail and office spaces with planned improvements and outdoor seating.

    7201 Mt. Rushmore Road, Rapid City, SD 57702
    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.

    Commercial Lot in Growing Corridor
    $574,992
    1.11 Acres

    Commercial Lot in Growing Corridor

    1.11-acre commercial lot in a growing Rapid City corridor.

    TBD Stumer Road, Rapid City, SD 57701
    View details
    Rapid City Commercial Building Lot
    $150,000
    0.30 Acres

    Rapid City Commercial Building Lot

    General commercial building lot in high-traffic Rapid City location.

    Rapid City, SD 57701
    View details
    High-Visibility Corner Commercial Land
    $229,000
    0.46 Acres

    High-Visibility Corner Commercial Land

    Corner lot suitable for retail or office development in Rapid City.

    3637 Sturgis Road, Rapid City, SD 57702
    View details
    Prime Development Land Opportunity
    $6,100,000
    24.95 Acres

    Prime Development Land Opportunity

    High-traffic commercial land for development in Rapid City, SD.

    TBD Elk Vale Road, Rapid City, SD 57703
    View details

    Explore 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.

    2244 University Ave

    2244 University Ave

    Individual retail properties • 9,401 SF
    Value Estimation by Request
    2244 University Ave, Hot Springs, SD 57747
    View details
    2244 University Ave

    2244 University Ave

    Individual retail properties • 9,180 SF
    Value Estimation by Request
    2244 University Ave, Hot Springs, SD 57747
    View details

    Hot Springs, SD Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 4 retail properties & spaces for sale in Hot Springs, SD on our real estate platform. These investment opportunities span a total of 23,958 square feet of properties for sale, with an estimated market value of $334,900.

    Sale prices for stores in Hot Springs, SD start at $135,000, averaging $167,450, and reaching up to $199,900 — 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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