603 N River Street, Hot Springs, SD 57747
Sulphur Springs · Fall River County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1891
Stories
4
Living Area
32,576 sq ft
Lot Size
0.19 acres
MLS® Listing#
87359
Property Features
Heating
Basement
Parking
Laundry
Lot Features
Construction
Sewer
Directions
On the corner of North River Street and National Street
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
- $398,077
- Median Listing Price
- 80
- Median Days on Market
- 1,774
- Median Sq Ft
- $235
- Median Price / Sq Ft
- 117
- Active Listings
- This home’s price is 302% above the area median.
- Its price per sq ft is 79% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hot Springs, SD.
Location
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 · 23.3 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 · 43.0 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 ST, Hot Springs, SD | $1,600,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Hot Springs
Listing Courtesy: Berkshire Hathaway HomeServices Midwest Realty - 6057912340