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$200,000
87077 MLS
Call Ashley Kurtenbach - Whitetail Properties. 605-201-9333. 0.42 acres on Wildberger Road in Apple Springs Subdivision with asphalt road access, utilities to site, relatively level terrain and wooded rear boundary. The property offers easy access to local services, recreation, and Black Hills communities. Located near Boulder Canyon Golf Course and a planned new clubhouse. Suitable for residential or recreational ownership subject to local zoning and covenants. Within an hour driving to the regional airport in Rapid City, SD. Conveniently located between Deadwood and Sturgis in the beautiful Boulder Canyon.

TBD Wildberger Road, Sturgis
$122,500
87074 MLS
Call Ashley Kurtenbach Whitetail Properties 605-201-9333. Apple Springs Lot | Boulder Canyon, Black Hills SD One of the most affordable lots in the development. Located in the heart of scenic Boulder Canyon, this premier corner lot offers the perfect canvas to build your dream home in one of the Black Hills’ very desirable communities. Set within a newer development that blends natural beauty with modern living, this property is just a 10-minute drive from both Deadwood and Sturgis. Enjoy elevated views overlooking the surrounding community, the golf course, and the iconic Black Hills landscape. This lot is fully equipped with city water, sewer, electricity, natural gas, and fiber optics—making it ready for construction without delay. Outdoor enthusiasts will enjoy living next to the golf course and the extensive hiking & biking trails of the Black Hills National Forest nearby. The neighborhood is managed by a homeowners association with annual dues of $575, preserving the area’s quality and charm. The lot’s corner orientation offers design flexibility and added privacy, perfect for custom landscaping or a unique layout. Whether you're planning a full-time residence, a vacation getaway, or a long-term investment, this peaceful setting provides the best of both worlds—mountain serenity with close proximity to year-round attractions and local events. Don’t miss your chance to own land in this sought-after Black Hills community.

TBD Apple Springs Boulevard, Sturgis
$454,000
87073 MLS
Contact Ashley Kurtenbach - Whitetail Properties 605-201-9333. Nearly 1 acre buildable lot located in the Apple Springs Development in Lawrence County, South Dakota. This timbered parcel sits on a private cul-de-sac and offers established road access with utilities readily available. The gently sloping terrain provides flexibility for site placement while maintaining natural tree cover. Conveniently positioned between Sturgis and Deadwood, the property offers easy access to local services, recreation, and Black Hills communities. Located near Boulder Canyon Golf Course and a planned new clubhouse. Suitable for residential or recreational ownership subject to local zoning and covenants.

TBD Legends Court, Sturgis
$89,000
87071 MLS
Serene bliss surrounds you in this dream home site, enveloped by the perfect amount of trees and showcasing VIEWS that dreams are made of! A pleasant mix of varied terrain, with flat, level spots as well as sloped hillside. Valleys and rock outcroppings smattered throughout create endless exploration. A clear entrance has been installed as well as a winding driveway to the top of the property. The property has been professionally surveyed, some trees have been cleared, and corners have been clearly marked. Electric hookup nearby. Light covenants in place to protect your investment. Less than 15 minutes to the historic city of Hot Springs, with its sandstone buildings and hot mineral spring baths. Hot Springs is also is the county seat, has a K12 School, and has a nice new hospital. This area is considered the “Banana Belt” of the Black Hills with warmer winters and longer summers.

27871 Jenny Road, Hot Springs
$335,000
89841 MLS
Listed by Mike Sneesby, Engel & Völkers Black Hills, 605-645-1664 Investment Opportunity – Two Commercial Buildings on One Property! Don’t miss this unique opportunity to own two versatile buildings in the heart of Lead, South Dakota. 403 Glendale Dr. features approximately 576 sq. ft. of office space, making it ideal for a small business, professional office, retail, or service-based operation. 405 Glendale Dr. offers approximately 864 sq. ft, comes fully furnished and is currently set up as a comfortable 1-bedroom home, providing excellent potential as an owner-occupied residence, employee housing, or rental property. Whether you’re looking to invest, operate a business, or enjoy the convenience of living next to your workspace, this property offers flexibility and endless possibilities. Property Highlights: Two separate buildings on one property 403 Glendale Dr. – 576 sq. ft. office space 405 Glendale Dr. – 864 sq. ft. 1-bedroom home Excellent opportunity for business owners or investors Endless possibilities for commercial and residential use

403 Glendale Drive 405 Glendale Drive, Lead
$1,830,000
89788 MLS
Nearly 48 Acres, No Covenants, a Fully Updated 3,696 sq. ft. Home, 3 fenced pastures built for horses and livestock, 4 Rental Cabins, a Guest Bunkhouse, and 10 RV sites already generating income, offered furnished and turn key: This Legacy Property does not just check boxes, it rewrites what a Black Hills retreat can be. The 5 bedroom, 3 bath home sits on an elevated setting with sweeping panoramic Black Hills views. Updated top to bottom with new Pella windows, siding, rain gutters, new 24-gauge steel roofs (2024), exterior doors, luxury flooring, and electrical fixtures. Soft close cabinetry, granite countertops, a butcher block island, and Café appliances in the kitchen, plus a primary suite with a walk in closet, soaking tub, granite double vanity, and separate travertine shower. A spray foam insulated barn, detached garage, and outbuildings support the land. Recognized as a Hipcamp destination and "Best in South Dakota" finalist, with electrical hookups and a sanitary dump station already in place. New 24 gauge steel roofs on five buildings in 2024. Private well, cistern, and Southern BH Water System access. 20 minutes from Custer, Hot Springs, and Edgemont, near public land and trails, surrounded by the beauty only the Black Hills can offer. Make sure to call and schedule your own Private Tour today! Note: One of the Sellers, Heath Shields, is a licensed real estate agent in the state of South Dakota. Listing Agent, Heath at 972-363-5002

11863 W Argyle Road, Custer
$399,000
89757 MLS
Income-producing 7,500 square foot garage with growth potential, offered alongside a character-rich 1896 home in Lead, SD. The 2,068 square foot residence (3 bed, 2.5 bath) is well-suited for an owner-occupant, a short-term rental operation, or long-term lease income, while the garage continues to generate its own revenue stream. An additional 1,500 square feet of unfinished space adds further upside. A flexible mixed-use opportunity for investors or owner-operators seeking multiple income paths from a single property. Listed by Madison (Reeves) Shipman, Valente Realty (605) 569-9019.

118 S Galena Street 123 1/2 Stone St, Lead
$783,800
89716 MLS
INVESTMENT OPPORTUNITY! The Jalar building is nice all around! Meticulously maintained & able to offer multiple income streams. Endless possibilities for an owner-occupant or investor. Whether you're looking to operate your own business, expand your investment portfolio, or enjoy the flexibility of living where you work, this property is ready to deliver! Main floor thoughtfully designed w/2 separate commercial Suites, each featuring its own private entrance, bath & kitchenette. West ste is currently occupied by a long-term tenant who would love to remain, offering immediate rental income. However, if a buyer prefers to occupy the space, the salon has agreed to restore the space to its original floor plan upon vacating. East ste is currently vacant, making it an excellent opportunity for immediate occupancy or more rental income. 2nd floor feat. a charming 1 bed 1 bath apt w/inviting living spaces & built-in storage nooks. Enjoy elevated views of Pageant Hill, providing a front-row seat for fireworks, balloon launches & other community events. Owner can occupy the apt or generate additional income through a long-term or short-term rental (subject to city rules). Exceptionally upkept & it shows throughout! Each unit has its own electric mtr, while efficient cove heat & mini-split systems provide year-round comfort. 22x30 3-stall carport. Ample flexibility for owner-users & investors alike & a turnkey setup. This versatile building is ready to help achieve your goals!

1100 Mt. Rushmore Road Jalar Business Plaza, Custer
$275,000
89629 MLS
Position your business for success with this high-visibility commercial building for sale in downtown Belle Fourche, South Dakota. Ideally located on the hard corner of Highway 85 and State Street, this premier commercial property offers exceptional exposure, steady daily traffic, and outstanding signage opportunities in one of the busiest intersections in Belle Fourche. Boasting more than 7,500 square feet of commercial space, this versatile building is well suited for a wide range of businesses, including retail, professional offices, medical or wellness services, financial institutions, restaurants, specialty shops, fitness facilities, or mixed-use investment opportunities. Multiple entrances and stairways provide the flexibility to divide the building into separate suites, making it an excellent option for owner-occupants seeking rental income or investors looking to maximize cash flow. Inside, the expansive floor plan offers endless possibilities to customize the space to meet your business goals. Whether you're relocating, expanding, launching a new venture, or adding a commercial property to your investment portfolio, this downtown Belle Fourche location delivers the visibility and accessibility today's businesses need to grow. Listed by Michelle Watson & McKenzie Hennessey, Keller Williams Realty Black Hills. 605-340-0898

501 State Street, Belle Fourche
$795,000
89570 MLS
Located in the heart of Spearfish on Main Street. This property has 6 income streams. 3 Commercial Spaces and 3 Residential apartments. It has 6 paved off street parking spaces. The building was completely remodeled in 2007 and has modern utilities and appliances. The roof is half rubber membrane and half asphalt composition shingles and is in top shape. The stucco exterior is in excellent shape and very attractive with a covered front entrance. The building is 100% occupied and has an excellent occupancy record. Seller is a licensed SD Real Estate Broker

517 N Main Street, Spearfish
$1,400,000
89273 MLS
Wow! HUGE price reduction! There isn't a better location than this commercial highway zoned property! High traffic count location at the edge of Deadwood city limits and mouth of Boulder Canyon. Less than a mile from the junction of highway 85 & 14A. 4862 sf building sits on 2.69 acres. HUGE parking lot that will accommodate 50+ vehicles with easy access off Hwy 14A. Built in 1999 with renovation in 2023. Building has a Certificate of Occupancy for 243 people. It has its own well and septic on site. The possibilities are endless for the type of business that would work at this site. Adding to that, at the back, it overlooks gorgeous Whitewood Creek.

250 Us Hwy 14a, Deadwood
$1,425,000
89114 MLS
Condo Unit B at 2620 Jackson Blvd is an 11,843 SF fully leased multi-tenant office investment within Creekside Professional Offices in west Rapid City. The unit includes five professional office suites across main/upper and garden levels, with lease expirations ranging from 2028 to 2030. HOA coverage includes exterior maintenance, landscaping, snow removal and building insurance. Parking includes 30+ shared spaces with designated ADA parking. Located near the Jackson Blvd and Sheridan Lake Rd intersection with Office Commercial zoning. Seller financing may be available to qualified buyers. Financials and leases available upon request with signed NDA. Contact Chris Long at 605-939-4489 or Tom Rau at 605-390-2735.

2620 Jackson Boulevard Unit B, Rapid City
$475,000
89045 MLS
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.

509 N River Street, Hot Springs
$3,219,000
88943 MLS
Listed for sale by David Wilson and Jeff Levi – Sturgis Real Estate & Auctions. Prime Sturgis commercial opportunity featuring a fully paved 45,000 sq. ft. (1.03-acre) Highway Service-zoned lot and a 4,800 sq. ft. two-story commercial building. Located on high-traffic LaZelle Street (Hwy 34/79) in the heart of the Sturgis Motorcycle Rally district, this property offers approximately 300 feet of frontage, exceptional visibility, and highway, side street, and alley access. The dual-level building includes a main-floor showroom/retail area and 12 upper-level crew quarters/offices. Property improvements include complete asphalt paving, landscaped green space, city water and sewer, site lighting, and electrical service with 110V and 220V power. Multiple power boxes provide 15-, 30-, and 50-amp service, making the site ideal for Rally vending, retail operations, events, storage, redevelopment, or investment purposes. See Addendum:

1544 Lazelle Street, Sturgis
$3,200,000
88359 MLS
Located in the heart of the Black Hills near Sturgis, No Name Luxury Campground & RV Park offers a rare opportunity to own a premier, resort-style destination in one of South Dakota’s most desirable recreational markets. Just minutes from downtown Sturgis with easy access to I-90 and nearby Deadwood, the property attracts consistent tourism and event-driven traffic. The campground features a versatile mix of full-service RV sites, tent camping, and furnished cabins. Spacious RV sites include full hook-ups with 30/50 amp service, designed to accommodate large rigs and extended stays. About 70 tent sites fit comfortably, 24 total cabins and 20 full RV hook-ups. Amenities include a heated pool, hot tub, bathhouse facilities, high-speed WiFi, on-site bar and grill, camp store,two coin-op laundromats and inviting common areas that enhance the guest experience and encourage repeat business. With established infrastructure, strong guest appeal, and a prime location in the Black Hills, this property presents a compelling investment opportunity with continued growth potential. Listed by Britney Routh (605) 641-2447. Give us a call today to set up a tour!

20899 Pleasant Valley Drive, Sturgis
$725,000
88356 MLS
They say it’s all about location and this property delivers. Positioned just off Jackson Boulevard at Exit 12 of Interstate 90 in Spearfish, this highly visible commercial opportunity sits on three city lots and is zoned Highway Service Commercial, allowing for a wide range of business uses. The 10,400 sq. ft. building offers a functional, single-level layout with clear span steel beam construction, providing flexible interior space ideal for office, retail, service, or light industrial applications. The property is situated on approximately 0.48 acres with paved on-site parking, easy access, and excellent traffic exposure. Originally home to Clark Printing, the property is well-suited for an owner-user or investor seeking a strategic location with long-term upside. Conveniently located close to downtown and surrounded by established commercial activity, this property combines visibility, accessibility, and versatility. Contact Rick Tysdal, Century 21 Spearfish Realty, 605-641-1030 to tour this fantastic offering.

720 11th Street, Spearfish
$135,000
87683 MLS
Great location along Interstate 90, right on the service road and has excellent line-of-site to thousands of people every day. This small General Light Industrial lot offers excellent visibility and easy access. It's location makes it well suited for a contractors office, equipment storage or other use that will benefit from highway access and steady traffic.

4871 S Interstate 90 Service Road, Rapid City
$997,500
87673 MLS
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.

27024 Highway 385, Hot Springs
$499,000
87652 MLS
Contact listing agent Brandon Harvey, 605-920-9853, with Great Peaks Realty for more information. Originally called the Artcrafters Studio and was built by Monte Nystrom in 1929 to house him and his wife's souvenir business. The impressive fireplace shows his craftsmanship which also can be seen in the State Game Lodge among other notable projects. This quaint commercial space is located just steps from one of the busiest intersections in the Southern Black Hills offering maximum exposure during the bustling tourist season. Here is your opportunity to own a piece of history that won't be replicated in the future.

436 Mt. Rushmore Road, Custer
$1,400,000
87510 MLS
Located on Main Street in the heart of downtown Sturgis, this 11,250 SF retail property sits directly adjacent to the Harley-Davidson Rally Point within the city's primary event corridor. The building offers approximately 105 feet of Main Street frontage on 0.35 acres, positioning it in one of the most active pedestrian and vehicular areas during major downtown events. The Sturgis Motorcycle Rally recorded more than 537,000 vehicles entering the city in 2025, underscoring the scale of seasonal demand surrounding the property. The building is configured to support flexible retail and event-driven use, with a largely open interior that accommodates up to 80 indoor vendor spaces, plus an additional outdoor food vendor location. Eight overhead doors provide efficient access and loading, while approximately 4,000 SF of attic space offers additional storage and includes two non-conforming staff bedrooms. On-street parking is available along Main Street. The property has a long operating history tied to the Sturgis Motorcycle Rally, with historical Rally week occupancy exceeding 95 percent and approximately $160,000 in gross rental income generated during the 10-day event period. Outside of Rally season, the building has supported off-season storage or single-tenant use, providing multiple pathways for owner-user or investment strategies. For additional information or to schedule a showing, contact Chris Long at 605-335-8100 or Dan Logan at 605-569-7980.

1219 Main Street Mr. Al's, Sturgis
$9,060,000
87427 MLS
Rapid City is a core regional market serving the Black Hills and a multi-state trade area spanning western South Dakota, northeastern Wyoming, and portions of Nebraska and Montana—supporting durable tenant demand and long-term cash flow. The property is located on Haines Avenue just south of Interstate 90, with traffic counts exceeding 35,000 vehicles per day. This highly visible site offers excellent access and consistent customer flow. Haines Avenue is a primary north–south arterial connecting I-90 to downtown Rapid City and the city’s main medical corridor. Recent capital improvements (2024–2025) include an extensive interior remodel (including multiple office/warehouse spaces on the 27,342sf, 2nd-floor mezzanine), parking lot refinishing and restriping, new LED lighting, and exterior paint. Planet Fitness invested over $2.5 million in its approximately 30,000-square-foot space, reinforcing its long-term commitment. In January 2026, the tenants executed new 12-year NNN leases with multiple 5-year renewal options, providing stable, predictable income. The investment offers a 7.59% Year One cap rate on base rent, with tenant reimbursement of capital improvements over an amortized term. Listed by: Randy Olivier, RE/MAX Advantage | 605-430-6246

1845 Haines Avenue, Rapid City
$649,000
87330 MLS
Listed for sale by David Wilson – Sturgis Real Estate & Auctions. This 15,000 sq. ft. fully paved Sturgis Rally vending and retail lot is in an excellent location and ready to lease or build upon. Located on LaZelle Street (Hwy 34/79) in the prime downtown Sturgis business district, this property sits in the heart of the Sturgis Motorcycle Rally and other major events. The lot offers both highway and concrete alley access, approximately 100 feet of sidewalk frontage, and outstanding visibility. Improvements include corner-to-corner asphalt paving, city water and sewer, site lighting, and electric service with both 110V and 220V power. Multiple power boxes provide 15-, 30-, and 50-amp outlets. A large on-site sign is also included. This well-designed, vending and retail lot allows for easy building development or continued use as a premium Sturgis Motorcycle Rally vending location.

1030 Lazelle Street, Sturgis
$689,900
86772 MLS
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.

27024 Highway 385, Hot Springs
$2,669,857
86615 MLS
Exceptional commercial real estate located in a high-traffic, rapidly expanding area within the City of Spearfish. Surrounded by diverse zoning designations, this property offers flexibility for a variety of business uses. Access to utilities, making development seamless and efficient. Ideal for investors or entrepreneurs seeking visibility and growth potential in a thriving market. Listing Agents Polly Jones (605)645-6758 and Ashlee Cvach (605)645-2240. Please see documents for additional information. Seller will not subdivide.

TBD 27th Street, Spearfish
$1,705,722
86613 MLS
Exceptional commercial real estate located in a high-traffic, rapidly expanding area within the City of Spearfish. Surrounded by diverse zoning designations, this property offers flexibility for a variety of uses. Has access to utilities, making development seamless and efficient. Ideal for investors or entrepreneurs seeking visibility and growth potential in a thriving market. Listing Agents Polly Jones (605)645-6758 and Ashlee Cvach (605) 645-2240 Please see documents for additional information. Seller will not subdivide.

625 N 27th Street, Spearfish
$998,500
86461 MLS
Location, location!! High visibility and high traffic area! Newer commercial building in the heart of Spearfish that has been completely renovated as a chiropractic office And Luxurious Spa with 5 roomy offices, along with 2 bathrooms fashionably designed with attractive tile. The renovation included new windows, beautiful luxury vinyl flooring, maintenance-free siding, a geothermal furnace, and malarky legacy shingles for quality. This attractive 2,400 sq ft building has tenants in place for a great investment opportunity. Currently, a chiropractic tenant is in place and a lovely Spa and wellness center. Both are attractively designed and well-maintained, and in an easily accessible location. Excellent parking.

747 Ames Avenue, Spearfish
$595,000
86266 MLS
Fantastic commercial property located just off I-90, Exit 32, Sturgis! This almost 5,000 sq. ft. building sits on just over 3 acres in a high visibility location! This property would be suited for retail, office space and so much more. Property features a large open space, several offices, a kitchen and his and her bathrooms. Check out this commercial opportunity in a great location and in a growing area of Sturgis, SD! Call me or your favorite Realtor to schedule a showing! Property listed by Carri Odle, eXp Realty, 605-490-9660.

2460 S Baldwin Street, Sturgis
$220,000
85814 MLS
This .51-acre retail site offers a prime location at a signalized intersection on Haines Avenue, one of Rapid City's most active commercial corridors. With excellent visibility, strong traffic counts of approximately 24,000 cars per day, and close proximity to the I-90/Haines Avenue exit, the property is ideally positioned for maximum exposure and convenient customer access. Neighboring national retailers include Best Buy, Lowe's, Ashley Furniture, Tires Plus, IHOP, and Dollar Tree. The property sits in the heart of Rapid City's established retail hub. Just west of Uptown Rapid Mall and Kohl's, the area draws steady customer traffic with abundant shopping, dining, and lodging options. General Commercial zoning allows for a wide variety of retail, dining, service, and commercial uses.

2440 Haines Avenue, Rapid City
$2,400,000
82958 MLS
Highly visible hard corner located in the heart of the expanding retail corridor of Rapid City. Just west of the highly anticipated 120 acre Liberty Land amusement park and just north of I-90. With 877 FT of frontage on N Lacrosse Street, 1,744 FT of frontage on E Mall Drive and the land being located at a lighted intersection, this is a fantastic investment opportunity for single user or mixed use development. As part of the newly developed entertainment district, there is also 3,000+ housing units planned just to the north of the property.

TBD N Lacrosse Street, Rapid City
$2,911,223
81633 MLS
For more information contact listing agents Polly Jones 605-645-6758 or Ashlee Cvach 605-645-2240 Cvach & Jones Realty, LLC. This commercial development property, zoned highway service commercial with high visibility, from interstate I-90, and easy access off Exit 14, Spearfish. South end of property borders I-90 right of way, West property boundary is bordered by Wal-Mart and the N boundary is bordered by Les Schwab Tire Center. All city services are accessible to this site, as well as electricity and natural gas. This district is made up of retail, other commercial and industrial properties as well, generating considerable volumes of vehicle traffic. There has been significant growth in this area of Spearfish and the surrounding. A rare opportunity to own this commercial site.

TBD 1st Avenue Tbd Dodds Drive, Spearfish