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    Spearfish, SD Short Term Rental Properties for Sale

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    Lead, SD Belle Fourche, SD Deadwood, SD
    Turnkey 20-Unit Motel Property
    $1,700,000
    5,787 SF
    Turnkey 20-Unit Motel Property

    925 North 3rd Street, Spearfish, SD 57783

    Zoned C-1 commercial motel/Airbnb with plans for two duplexes and a completed flood study.
    • 20‑unit motel/Airbnb property operating as a cash‑flowing multi‑use investment
    • Zoned C‑1 Commercial, allowing multiple income approaches such as short‑term rentals, long‑term tenants, or motel use
    • Plans are in place for two additional duplexes to expand the property’s rental inventory
    • Completed flood study supporting the proposed duplex expansion
    • Year built: 1970
    Updated: Jun 4
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spearfish, 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.

    Remodeled Duplex with Rental Income
    $225,000
    Remodeled Duplex with Rental Income

    Completely remodeled duplex with potential for triplex conversion and Airbnb.

    1621 7TH AVENUE, Scottsbluff, NE 69361

    View details
    Remodeled Duplex with Income Potential
    $225,000
    Remodeled Duplex with Income Potential

    Completely remodeled duplex with potential for single-family conversion or triplex.

    1621 7TH AVENUE, Scottsbluff, NE 69361

    View details
    Renovated Multi-Family Property in Custer
    $1,550,000
    Renovated Multi-Family Property in Custer

    Thirteen-unit property near downtown Custer with renovation and furnished units.

    437 Montgomery St, Custer, SD 57730

    View details
    Established Restaurant with Living Quarters
    $1,400,000
    4,225 SF
    Established Restaurant with Living Quarters

    Profitable restaurant with apartment in high-traffic tourist area.

    541 MT RUSHMORE RD, Custer, SD 57730

    View details

    Spearfish, SD Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 1 short term rental properties for sale in Spearfish, SD on our real estate platform. These investment opportunities span a total of 5,787 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for short term rental properties in Spearfish, SD start at $1,700,000, averaging $1,700,000, and reaching up to $1,700,000 — 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

    Duplexes 5
    Apartment buildings 3
    Short term rental properties 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +9.0%
    Median Household Income $64,970
    College Educated 47.6%

    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)

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