74 SITES 19.29 ACRES BLACK HILLS KOA HOLIDAY CAMPGROUND Established 74-site KOA campground on 19.29 acres along SD Hwy 79, about 5.7 miles from downtown Hot Springs. Includes 46 RV sites, 15 tent sites and 13 cabins in the southern Black Hills tourism market. RV sites include pull-through and back-in configurations with full-hookup, water/electric and non-hookup options (50-amp and 30-amp service). Select sites offer KOA Patio™ space. Deluxe Cabins include private baths and partial kitchens; the Kottage includes a kitchenette and full bath. Campground infrastructure includes a 1,755 SF main building (office, store, laundry, recreation room), heated pool, pavilion, playground, mini golf, fenced dog park, guest bathhouse and utility buildings, plus a 2,113 SF manufactured home for owner/manager housing. Recent ownership improvements include a new septic line (north side, 2023), camp store and inventory updates, new store A/C and new pool lighting. Operates seasonally April 1-October 31 with access to The Mammoth Site, Wind Cave National Park and other southern Black Hills destinations. Zoned C, Rural Commercial. FF&E included. Financials available upon signed NDA. For additional information or to schedule a showing, contact Gina Plooster at 605-519-0749 or Dan Logan at 605-593-7980.
Incredible investment opportunity in the heart of Hot Springs! Formerly the Piggly Wiggly, this established multi-tenant business plaza offers over 10,000 sq. ft. on 1 acre in one of the city's most desirable commercial locations. Built in 1969, the property currently features approximately 26 rentable office and retail suites with a long history of occupancy, abundant on-site parking, and a flexible floor plan. One of the building's greatest assets is its solid masonry exterior construction. Many of the interior walls in the original structure are non-load-bearing, allowing future owners the opportunity to reconfigure the layout to meet a variety of business needs (does not apply to the south addition). The central location, directly across from the U.S. Post Office, provides excellent visibility and accessibility. Ideal for investors seeking an income-producing property or entrepreneurs envisioning a medical or professional office complex, coworking space, educational facility, wellness center, or other commercial venture. Rarely does a property of this size, location, and versatility become available in Hot Springs. Call today for additional information or to schedule your private tour.
Don't wait for success to come to you! Here is your perfect opportunity to show case your new business. High traffic and high visibility. Right across from the schools and traffic inbound from Hwy. 18 driving right by. Great showcase rooms inside. Could adapt to many uses. Think outside the box for your specialty shop, t-shirt sales, candy and novelties. Even a drive though prospect. Little restaurant or ice cream shop. There is a little kitchenette with kitchen steel sink and stove. Newer exterior paint and newer roof. New flooring. Display cases and merchandise racks available. Utility closet. Indoor restroom. Ample parking and outdoor seating space. Check it out and put your ideas to work!
Don't wait for success to come to you! Here is your perfect opportunity to show case your new business. High traffic and high visibility. Right across from the schools and traffic inbound from Hwy. 18 driving right by. Great showcase rooms inside. Could adapt to many uses. Think outside the box for your specialty shop, t-shirt sales, candy and novelties. Even a drive though prospect. Little restaurant or ice cream shop. There is a little kitchenette with kitchen steel sink and stove. Newer exterior paint and newer roof. New flooring. Display cases and merchandise racks available. Utility closet. Indoor restroom. Ample parking and outdoor seating space. Check it out and put your ideas to work!
This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springs’ vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy café and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. The sale includes real estate only; business operations, FF&E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploration of the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springs' vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy café and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. The sale includes real estate only; business operations, FF&E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploration of the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you're looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.
GREAT BUSINESS OPPORTUNITY! Excellent opportunity to own a well-established T-shirt business in the Southern Hills area! This successful operation is known for its quality products and strong customer base, with a reputation built on consistent service and repeat clientele. Business offers flexible hours and includes all necessary equipment to continue operations. Growth potential exists through expanded marketing, product lines, or increased hours. Favorable location provides a competitive advantage with less market saturation than larger markets. Seller will provide up to one week of training to ensure a smooth transition. Sale includes business and equipment only. No real estate is included in this offering.
Excellent investment opportunity in the heart of Hot Springs! This versatile Main Street property offers a modern, open layout ideal for retail, office, or studio use. The front space features an eye-catching storefront with great visibility and foot traffic, while the rear provides flexibility for a private office, workspace, or additional service area, along with a convenient kitchenette. The building was renovated in 2023 with a new bathroom and a shower. Outside entrance to a small utility basement for water heater and forced air furnace. In addition, a secondary 432 sq ft structure located off the alley offers outstanding potential. Partially gutted and ready for build-out, it's a blank canvas for a workshop, storage, or expanded commercial space tailored to your needs. Electric is to the building but it is not hooked up. Some plumbing is also in place. With an owned propane tank and commercial zoning, this property is well-positioned for a variety of business opportunities. Located in a high traffic area of Hot Springs, this is a great chance to establish or expand your business presence with room to grow. Property is being sold as-is.
Excellent investment opportunity in the heart of Hot Springs! This versatile Main Street property offers a modern, open layout ideal for retail, office, or studio use. The front space features an eye-catching storefront with great visibility and foot traffic, while the rear provides flexibility for a private office, workspace, or additional service area, along with a convenient kitchenette. The building was renovated in 2023 with a new bathroom and a shower. Outside entrance to a small utility basement for water heater and forced air furnace. In addition, a secondary 432 sq ft structure located off the alley offers outstanding potential. Partially gutted and ready for build-out, it's a blank canvas for a workshop, storage, or expanded commercial space tailored to your needs. Electric is to the building but it is not hooked up. Some plumbing is also in place. With an owned propane tank and commercial zoning, this property is well-positioned for a variety of business opportunities. Located in a high traffic area of Hot Springs, this is a great chance to establish or expand your business presence with room to grow. Property is being sold as-is.
Looking for undeveloped city lots for sale in Hot Springs? Look no further! Resa Rutz, Realtor C21-Stevens can provide you with all the info you need. Contact her at 605-891-1298 for more details. This property is located in a highly accessible area in the city limits of Hot Springs and borders the city limit/county line. It's situated on the corner of University and 25th Street, right at the bypass, with possible entry ways/access on both Jennings and Lincoln Streets. With adjacent city water and sewer services, and power poles on the property, this is an ideal location for development. The property is suitable for a variety of uses, such as developing apartment buildings, a mobile home park, or building some tract housing. There is a real need for housing in Hot Springs and the Southern Black Hills area is highly sought out, making this an excellent investment opportunity. Whether you're an individual looking to build your dream home or a developer seeking your next project, these undeveloped city lots offer a prime location and plenty of potential. Contact Resa Rutz today to learn more! Please see video attached to this listing.
10.96-acre industrial property located just minutes north of Hot Springs offering a rare combination of usable acreage, large square footage, and flexibility for owner-users, contractors, or investors. The property includes three interconnected buildings totaling approximately 26,538 square feet, featuring a 15,000 SF warehouse with two overhead doors, restrooms, LED lighting, and copper air lines, an 8,000 SF shop building with loading dock access, and a 3,500 SF office building with multiple offices, conference room, kitchen/break area, and restrooms. Equipped with 1,200-amp 3-phase power and dual electrical buses, this property is well suited for manufacturing, fabrication, storage, or distribution. The nearly 11-acre site provides ample yard space for equipment, vehicles, storage, or future expansion with convenient access off Highway 385. The layout allows for multiple tenants or business divisions, creating strong potential for income generation. Existing office space also offers potential for conversion to on-site living quarters for a live/work setup. Improvements are functional and built for utility, with core infrastructure already in place, allowing a new owner to update aesthetics over time while utilizing the property immediately. Seller financing and lease options are available. Call Joel Hawkins at 605-891-1869 for details. The listing agent has a financial interest in the property.
10.96-acre industrial property located just minutes north of Hot Springs offering a rare combination of usable acreage, large square footage, and flexibility for owner-users, contractors, or investors. The property includes three interconnected buildings totaling approximately 26,538 square feet, featuring a 15,000 SF warehouse with two overhead doors, restrooms, LED lighting, and copper air lines, an 8,000 SF shop building with loading dock access, and a 3,500 SF office building with multiple offices, conference room, kitchen/break area, and restrooms. Equipped with 1,200-amp 3-phase power and dual electrical buses, this property is well-suited for manufacturing, fabrication, storage, or distribution. The nearly 11-acre site provides ample yard space for equipment, vehicles, storage, or future expansion with convenient access off Highway 385. The layout allows for multiple tenants or business divisions, creating strong potential for income generation. Existing office space also offers potential for conversion to on-site living quarters for a live/work setup. Improvements are functional and built for utility, with core infrastructure already in place, allowing a new owner to update aesthetics over time while utilizing the property immediately. Seller financing and lease options are available. Call Joel Hawkins at 605-891-1869 for details. Listing agent has a financial interest in the property.
10.96-acre industrial property located just minutes north of Hot Springs offering a rare combination of usable acreage, large square footage, and flexibility for owner-users, contractors, or investors. The property includes three interconnected buildings totaling approximately 26,538 square feet, featuring a 15,000 SF warehouse with two overhead doors, restrooms, LED lighting, and copper air lines, an 8,000 SF shop building with loading dock access, and a 3,500 SF office building with multiple offices, conference room, kitchen/break area, and restrooms. Equipped with 1,200-amp 3-phase power and dual electrical buses, this property is well suited for manufacturing, fabrication, storage, or distribution. The nearly 11-acre site provides ample yard space for equipment, vehicles, storage, or future expansion with convenient access off Highway 385. The layout allows for multiple tenants or business divisions, creating strong potential for income generation. Existing office space also offers potential for conversion to on-site living quarters for a live/work setup. Improvements are functional and built for utility, with core infrastructure already in place, allowing a new owner to update aesthetics over time while utilizing the property immediately. Seller financing and lease options are available. Call Joel Hawkins at 605-891-1869 for details. The listing agent has a financial interest in the property.
Located in downtown Hot Springs, this 1,475 SF commercial building sits across from Hot Springs Waterfall and Freedom Trail along Fall River. The property offers visibility along N River St, which carries 4,447 vehicles per day, and is positioned near local businesses and visitor destinations. The space has potential for retail, restaurant, service, or office use. The open interior provides flexibility for a custom buildout and includes 200-amp electrical service and plumbing for two future restrooms. The HVAC system will require replacement as part of the improvements. Ownership has developed plans for a redesigned storefront window and entry. Proposed improvements have not been constructed and remain subject to buyer verification and applicable approvals. For more information or to schedule a showing, contact Dan Logan at 605.593.7980 or Chris Long at 605.939.4489.
A rare opportunity in the heart of Hot Springs! Red Rock River Resort is a one-of-a-kind hospitality property offering a unique blend of historic charm, lodging flexibility, event potential, wellness amenities, and added commercial opportunity. Built in 1890 with striking sandstone character, this property is ready for its next chapter—whether as a boutique destination, retreat venue, or income-producing investment. The resort features 11 guest accommodations, including a desirable two-bedroom apartment, providing excellent options for short-term rentals, extended stays, or on-site management. Designed for hosting and gatherings, the property includes a full kitchen and dedicated dining room, ideal for serving guests, groups, and events. A standout highlight is the large event center with capacity for up to 250 people, perfect for weddings, receptions, reunions, corporate events, and private celebrations. The event center also offers three attached bedrooms, adding additional lodging and convenience for event weekends. Adding to the guest experience is an on-site spa and wellness area featuring specialty spaces including a hot sand room, granite room, hot soaking tub room, and massage rooms—a rare amenity that truly sets this property apart. The property also includes available retail space, offering additional income potential and flexibility for boutique, gift shop, or guest-focused services. With additional room to grow, the basement offers exciting potential for future expansion—imagine creating a unique lounge or speakeasy-style space to elevate the guest experience even further. With lodging, event space, dining infrastructure, spa features, and expansion potential all in one location, Red Rock River Resort is a truly exceptional opportunity in Hot Springs, SD. https://youtu.be/6gZOdwrld8c?si=64CCN1n2OhjyxpTX
RED ROCK RIVER RESORT HOT SPRINGS, SD Rare opportunity to own a destination hospitality property in one of the Black Hills' most historic communities. Located along the river in Hot Springs, this unique property offers lodging, restaurant space, gathering areas, and room for future growth and development. Hot Springs continues to attract visitors seeking relaxation, recreation, natural mineral springs, nearby Angostura Reservoir, Wind Cave National Park, The Mammoth Site, and the revitalized downtown district. The community is experiencing renewed interest from travelers looking for authentic Black Hills experiences. The current owners have invested in ongoing improvements while maintaining the property's character, providing a foundation for continued operation and future vision. Potential opportunities include boutique lodging, destination dining, retreats, events, wellness services, boutique retail, and additional hospitality concepts. More than a commercial property, Red Rock River Resort offers the chance to create experiences, build a destination, and be part of the continued growth of Hot Springs. Call or message Cheri St Pierre Berkshire Hathaway Home Services Midwest Realty for your private tour or questions 605-390-2481 See the video tour https://youtu.be/6gZOdwrld8c?si=64CCN1n2OhjyxpTX.
BE PART OF HOT SPRINGS' NEXT CHAPTER. Red Rock River Resort offers a rare opportunity to own one of the Black Hills region's most unique hospitality properties. Located along the river in historic Hot Springs, South Dakota, this destination property combines lodging, restaurant space, gathering areas, and tremendous potential for future growth. Hot Springs was once known as one of America's premier wellness and resort destinations, attracting visitors seeking relaxation, mineral springs, recreation, and hospitality. Today, the community is experiencing renewed energy with the revitalized River Walk, Moccasin Springs Natural Mineral Spa, Angostura Reservoir, Wind Cave National Park, The Mammoth Site, growing tourism, and visitors rediscovering everything the area has to offer. The current owners have continued to improve the property while preserving its character, creating a foundation that allows a new owner to operate immediately while implementing their own vision over time. Potential uses include boutique lodging, destination dining, wellness retreats, weddings, corporate retreats, family reunions, boutique retail, live entertainment, massage and spa services, or other hospitality concepts. Guests can spend days exploring the Southern Black Hills, enjoying nearby lakes and parks, experiencing the area's natural hot springs, and returning to relax along the river. This is more than a commercial property. It is an opportunity to create experiences, build a destination, and become part of the continued revitalization of one of South Dakota's most historic resort communities. Call or message Cheri St Pierre Berkshire Hathaway Home Services Midwest Realty for your private tour or questions 605-390-2481 Seller might consider contract for deed with acceptable terms. See the video tour https://youtu.be/6gZOdwrld8c?si=64CCN1n2OhjyxpTX.
15,000-square-foot steel warehouse space with new LED lighting throughout. Two restrooms. Duro-Last Roof. 1,200/amp 3-phase power service with two electrical buses for easy power distribution. Copper airlines throughout. 1.26 acres provide plenty of on-site parking. 3 man doors and two overhead doors on openers. The north overhead door measures 10'x12', and the East overhead door measures 10'x14'. Water service by private well. Excellent location for manufacturing, distribution, light industrial, warehouse, or storage. 7 minutes from Hot Springs. Priced at just $45.94/SF! Seller financing possible, call Joel Hawkins at 605-891-1869 for details.
15,000-square-foot steel warehouse space with new LED lighting throughout. Two restrooms. Duro-Last Roof. 1,200/amp 3-phase power service with two electrical buses for easy power distribution. Copper airlines throughout. 1.26 acres provide plenty of on-site parking. 3 man doors and two overhead doors on openers. The north overhead door measures 15'W x 12'H, and the East overhead door measures 19'W x 14'H. Ceiling height is 13' on the west to 15'8" one the east, under the red iron beams. Water service by private well. Excellent location for manufacturing, distribution, light industrial, warehouse, or storage. 7 minutes from Hot Springs. Priced at just $45.94/SF! Seller financing possible.
15,000-square-foot steel warehouse space with new LED lighting throughout. Two restrooms. Duro-Last Roof. 1,200/amp 3-phase power service with two electrical buses for easy power distribution. Copper airlines throughout. 1.26 acres provide plenty of on-site parking. 3 man doors and two overhead doors on openers. The north overhead door measures 10'x12', and the East overhead door measures 10'x14'. Water service by private well. Excellent location for manufacturing, distribution, light industrial, warehouse, or storage. 7 minutes from Hot Springs. Priced at just $45.94/SF! Seller financing possible, call Joel Hawkins at 605-891-1869 for details.
Listed by Denise Haden with CENTURY 21 ClearView Realty, 605-890-0278. We are searching for that ambitious entrepreneur seeking a successful investment opportunity to run and manage their own business! For sale is a thriving T-shirt business located in the Southern Hills area. This growing business has become a staple among the locals and surrounding areas due to its high-quality products and excellent customer service. With flexible hours, the potential for further expansion is promising. The strategic location in the Southern Hills provides a competitive edge with less market saturation compared to other areas. Don't miss this opportunity to own a successful venture with room for growth and a loyal customer base. Grab this chance to step into a profitable business with a strong foundation! The owners are willing to train you on the equipment for the first week so you get off to a great start! The purchase price includes business and equipment only, no real estate is being offered or included in this listing.
This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springsâ?? vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy café and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. The sale includes real estate only; business operations, FF&E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploration of the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
This spacious 2.74-acre property located in Hot Springs, SD offers a unique opportunity with a combination of a warehouse and a manufactured home. (currently rented) The property features a well-maintained warehouse with 6180 sq ft, perfect for storage, business operations, or various commercial uses. The mobile home provides a comfortable living space with a cozy layout, ideal for on-site living or rental income. The expansive acreage offers plenty of room for expansion, outdoor activities, or potential development. With its prime location in Hot Springs, this property blends functionality and convenience, making it a great investment in a growing area. Property brings in rental money from home and signage due to corner lot visibility. Built in 1956 this location has been used for a warehouse trucking site and other businesses during it's tenure. Bring your commercial or investing ideas and create your future dreams in to an amazing possibility in the beautiful Southern Black Hills!
Take advantage of this opportunity to acquire a well established HVAC business that has been serving the region for over 20 years. Billâ??s Heating & Cooling is one of the only HVAC service providers in the southern Black Hills and also does work throughout the rest of the area and even into Wyoming and Nebraska. Mix of residential and commercial and relationships with many of the local contractors/builders in the area. Currently run by the owner and 5 employees. Owner is ready to retire and pass this business to a new operator. Real estate, vehicles, equipment, and inventory included! Excellent opportunity for an HVAC operator to get a jumpstart on their own business or for an existing company to acquire additional marketshare financials and all other information with qualified buyers who have signed an NDA. Sale includes real estate (645 S 6th St and 741 Battle Mtn Ave), vehicles, equipment, and inventory.

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Hot Springs is located in South Dakota. Hot Springs, South Dakota has a population of 3,407. Hot Springs is less family-centric than the surrounding county with 9.06% of the households containing married families with children. The county average for households married with children is 13.6%.
The median household income in Hot Springs, South Dakota is $44,167. The median household income for the surrounding county is $51,007 compared to the national median of $69,021. The median age of people living in Hot Springs is 54.9 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 17.8 inches per year, with 29.6 inches of snow per year.