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    Hot Springs, SD Specialty Properties for Sale

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    Custer, SD Buffalo Gap, SD Smithwick, SD Edgemont, SD Fairburn, SD Oelrichs, SD Hermosa, SD
    Specialty Property For Sale
    Updated: Mar 6
    Specialty Property For Sale

    27024 HWY 385, Hot Springs, SD 57747

    $997,500
    26,538 sqft
    Specialty commercial property for sale at 27024 Hwy 385 in Hot Springs, South Dakota
    Electric heating
    Off‑street parking with gravel
    Views of hills and trees/woods
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    Multi-Use Hospitality Resort & Event Center
    Updated: Feb 3
    Multi-Use Hospitality Resort & Event Center

    603 N River Street, Hot Springs, SD 57747

    Contact for pricing
    32,576 sqft
    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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    Agricultural Land Parcel
    Agricultural Land Parcel

    28019 Evening Star Trail, Hot Springs, SD 57747

    $165,000

    Farmland parcel in Fall River County reached via Sheps Canyon and Evening Star Trail for continued rural use.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 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 1 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.

    NNN Office Property with Private Offices
    NNN Office Property with Private Offices

    139 W 3rd Street, Chadron, NE 69337

    $230,000
    3,928 sqft 0.09 AC lot

    Remodeled commercial space with a three-year NNN lease and multiple dedicated offices.

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    NNN Property with Private Offices
    NNN Property with Private Offices

    139 W 3rd Street, Chadron, NE 69337

    $230,000
    3,928 sqft

    Updated finishes and multiple private offices accompany an existing triple-net lease.

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    Retail Building Ready for Tenancy
    Retail Building Ready for Tenancy

    114 East Blvd N, Rapid City, SD 57701

    $275,000
    5,000 sqft

    Former Chris Supply building offers remodeled restrooms, updated security/fire alarm, and updated parking.

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    Three-Asset NNN Property Portfolio
    Three-Asset NNN Property Portfolio

    2316 Mount Rushmore Road, Rapid City, SD 57701

    Contact for pricing

    Portfolio includes Sonic Drive-Ins in South Dakota’s two largest cities.

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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.

    Southern Black Hills Acreage Available
    Southern Black Hills Acreage Available

    Tr. 3 Lariat Circle, Hot Springs, SD 57747

    $129,900
    5.13 AC lot

    Picturesque 5+ acre parcels in the Southern Black Hills.

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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.

    110 Chicago St
    Land

    110 Chicago St, Hot Springs, SD 57747

    Value Estimation by Request
    0.50 AC lot
    View details
    27689 Hwy
    Land

    27689 Hwy, Hot Springs, SD 57747

    Value Estimation by Request
    2,580 sqft 5.25 AC lot
    View details

    Hot Springs, SD Specialty Properties Market Trends and Statistics

    Explore 5 specialty properties for sale in Hot Springs, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 59,114 square feet of properties for sale, with an estimated market value of $1,162,500.

    Sale prices for properties in Hot Springs, SD start at $165,000, averaging $581,250, and reaching up to $997,500 — 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

    Wedding venues 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 $581.3K

    Taxes & Financing

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

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