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450 W Kansas Street

Spearfish, SD 57783
  • $1,700,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 88303
UPDATED: 46 min ago
$1,700,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
Area:

School Ratings & Info

Description

Turnkey 20-Unit Motel/Airbnb | Multiple Income Streams + Development Opportunity Cash-flowing, multi-use investment with HUGE upside potential! This 20-unit property is currently operating as a successful motel/Airbnb and offers endless opportunities to generate income—short-term rentals, long-term tenants, or continue running as a motel. Zoned C-1 Commercial, the possibilities don’t stop there. A completed flood study and plans already in place for two additional duplexes create built-in expansion and even greater revenue potential. Whether you’re an investor looking to maximize cash flow or a developer ready to take it to the next level, this property is packed with opportunity and ready to perform. Listed By Bud Hannah Re/Max In The Hills. 605-645-2026.

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© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Voelkers Black Hills LLC are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-05-12T11:44:42.527.
www.rapidcityhomes4sale.com/homes/175631433
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450 W Kansas Street Spearfish, SD 57783

  • Price: $1,700,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 46 min ago
  • MLS #: 88303
0
Beds
0
Baths
0
½ Baths
0.67
Acres
1970
Built
Neighborhood:
Spearfish
Area:
Spearfish
Property Description
Turnkey 20-Unit Motel/Airbnb | Multiple Income Streams + Development Opportunity Cash-flowing, multi-use investment with HUGE upside potential! This 20-unit property is currently operating as a successful motel/Airbnb and offers endless opportunities to generate income—short-term rentals, long-term tenants, or continue running as a motel. Zoned C-1 Commercial, the possibilities don’t stop there. A completed flood study and plans already in place for two additional duplexes create built-in expansion and even greater revenue potential. Whether you’re an investor looking to maximize cash flow or a developer ready to take it to the next level, this property is packed with opportunity and ready to perform. Listed By Bud Hannah Re/Max In The Hills. 605-645-2026.
Exterior Features

Construction ConcreteFrame Lot Description View Lot Marquee Yes Parking Common Parking Spaces 25 Road Surface Blacktop Surface Water Creek/Steam Topography Level

Interior Features

Approx Building Sq Ft 5787 Basement Substructure Partial BasementBlock Foundation Cooling Refrig. Wall Unit Heating Natural GasMiniSplit

Property Features

Access Public Access Auction YN No Commercial Property Type Business/Land/Building(s) Documents On File EasementsProfit/Loss StatementAerial Photo Extras Hi-Traffic LocationHigh VisibilityView Flood Plainy NU Yes For Sale Or Rent For Sale Mineral Rights Unknown Number Of Building Levels 2 Number Of Employees 1 - 5 Occupant Long Term TenantShort Term Owner Non Compete Yes Possession Negotiable Short Sale No Soil Class Unknown Subdivision YN No Terms CashNew Loan Type Lot Other Will Divide No

[Mount Rushmore Area Association of Realtors] logoListing information © 2026 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Bud Hannah of RE/MAX In The Hills: 605-642-2500.



© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Voelkers Black Hills LLC are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-05-12T11:44:42.527.
 
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Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701