Retail

Hot Springs, SD Retail Properties & Spaces for Sale

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Custer, SD Buffalo Gap, SD Edgemont, SD Oelrichs, SD Fairburn, SD
Downtown Hot Springs Commercial Space
Updated: Feb 12, 2025
Downtown Hot Springs Commercial Space

431 North River Street, Hot Springs, SD 57747

$135,000
1,475 sqft
Exceptionally located commercial space in downtown Hot Springs.
Situated across from the Hot Springs River Walk with a direct view of the waterfall.
High potential for attracting tourist traffic.
1,475sf building suitable for restaurant or retail business.
Interior is stripped down and ready for a custom buildout.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 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.

Opportunities in Nearby Cities

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

Freestanding Retail and Office Building
Freestanding Retail and Office Building

277 Lake Street, Chadron, NE 69337

$325,000
2,332 sqft 0.29 AC lot

Versatile building with recently updated exterior, ample parking, and visibility in a high-traffic area.

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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.

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Improved Five-Bay Car Wash
Improved Five-Bay Car Wash

623 N Lacrosse, Rapid City, SD 57701

$425,000
3,000 sqft

Recently improved, five-bay car wash property operating since 1986, supported by strong nearby roadway traffic counts.

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Historic Mixed-Use Building For Sale
Historic Mixed-Use Building For Sale

201 W 2nd Street, Chadron, NE 69337

$285,000
2,500 sqft

Mixed-use building with retail space and residential income potential.

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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

Two build-ready city lots offer frontage on Mt Rushmore Road at a high-traffic intersection in downtown Custer.

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Commercial Development Corner Lot
Commercial Development Corner Lot

Stumer Road, Rapid City, SD 57701

$574,992
1.11 AC lot

1.11-acre corner site with General Commercial zoning for retail, restaurant, office, or service development.

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Retail Site on Haines Avenue
Retail Site on Haines Avenue

2440 Haines Avenue, Rapid City, SD 57701

$220,000
0.51 AC lot

Prime retail location with high visibility and traffic.

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Rapid City Commercial Development Land
Rapid City Commercial Development Land

621 E Mall Dr, Rapid City, SD 57701

$1,875,885
7.23 AC lot

7.23-acre commercial development land with utilities in active retail area.

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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.

2244 University Ave
Individual retail properties

2244 University Ave, Hot Springs, SD 57747

Value Estimation by Request
9,401 sqft 1.36 AC lot
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2244 University Ave
Individual retail properties

2244 University Ave, Hot Springs, SD 57747

Value Estimation by Request
9,180 sqft
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Hot Springs, SD Retail Properties & Spaces Market Trends and Statistics

Explore 3 retail properties & spaces for sale in Hot Springs, SD on our real estate platform. These investment opportunities span a total of 9,350 square feet of properties for sale, with an estimated market value of $655,000.

Sale prices for stores in Hot Springs, SD start at $135,000, averaging $218,333, and reaching up to $385,000 — 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

Automotive properties 1
Storefront properties 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 $255.6K

Taxes & Financing

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

Total CRE Inventory on Market (SF)

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