603 N RIVER ST, Hot Springs, SD 57747
Fall River County
Key Facts
Description
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 See the video tour https://youtu.be/6gZOdwrld8c?si=64CCN1n2OhjyxpTX.
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
MLS® Listing#
177360
Property Features
Affordability Calculator
$320,000
Estimated monthly payment
$8,516/mo
Principal $1,280,000 · Est. interest $1,785,714 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hot Springs, SD
- $421,429
- Median Listing Price
- 77
- Median Days on Market
- 1,728
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 114
- Active Listings
- This home’s price is 280% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hot Springs, SD.
Location
- 603 N RIVER ST, Hot Springs, SD 57747
Points of Interest in Hot Springs, SD
Showing the Hot Springs area map.
Nearby Schools
Hot Springs Middle School
Secondary · 0.3 mi away
Hot Springs Elementary - 02
Elementary · 0.4 mi away
Hot Springs High School
Secondary · 0.4 mi away
Bethesda Lutheran School
School · 0.6 mi away
Edgemont Elementary - 03
Elementary · 20.0 mi away
Oelrichs High School - 01
Secondary · 21.6 mi away
Custer High School
Secondary · 23.2 mi away
Custer Elementary School
Elementary · 23.7 mi away
Custer School District 16-1
School · 23.9 mi away
Hermosa School
Elementary · 31.3 mi away
Black Hills Children's Home
School · 33.1 mi away
Hill City High School
Secondary · 34.4 mi away
Hill City Middle School
Secondary · 34.4 mi away
Hill City Elementary School
Elementary · 34.5 mi away
Rapid City Christian School
School · 38.6 mi away
Isna Wica Owayawa (Loneman School)
Elementary · 39.2 mi away
Corral Drive Elementary School
Elementary · 42.9 mi away
South West Middle School
Secondary · 43.0 mi away
Calvary Christian School
School · 43.2 mi away
Zion Lutheran School
School · 43.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11906 Mountain Lion Lane, Hot Springs, SD | $1,150,000 | 3 | — | 2,584 |
| 12090 HART RD, Hot Springs, SD | $1,160,000 | 3 | — | 1,542 |
| 13308 SUNUP LN, Hot Springs, SD | $1,200,000 | 4 | — | 3,164 |
| 11935 Lone Elk Drive, Hot Springs, SD | $1,400,000 | 2 | — | 2,608 |
| 27097 Ridgeview Springs Road, Hot Springs, SD | $1,467,840 | — | — | — |
| 603 N River Street, Hot Springs, SD | $1,600,000 | — | — | 32,576 |
Moving Cost Estimate
EXIT Agents in Hot Springs
Listing Courtesy: BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY - 6057912340
Presented by: CHERI ST. PIERRE