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.
Property Details
Price:
$1,500,000
MLS #:
88303
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
spearfish
Listed Date:
Apr 21, 2026
Finished Sq Ft:
5,787
Lot Size:
29,185 sqft / 0.67 acres (approx)
Year Built:
1970
See this Listing
Schools
Interior
BASEMENT/SUBSTRUCT
Partial Basement, Block Foundation
COOLING
Refrig. Wall Unit
HEATING
Natural Gas, Mini Split
Exterior
CONSTRUCTION
Concrete, Frame
EXTRAS
Hi- Traffic Location, High Visibility, View
LOT DESCRIPTION
View Lot
MINERAL RIGHTS
Unknown
PARKING
Common
ROAD SURFACE
Blacktop
SOIL CLASS
Unknown
SURFACE WATER
Creek/Steam
TOPOGRAPHY
Level
Financial
Map
Community
- Address450 W Kansas Street Spearfish SD
- NeighborhoodSpearfish
- CitySpearfish
- Zip Code57783
Subdivisions in Spearfish
- Aspen Hills
- Aspen View Subdivision
- Burno Estates
- CanyonGate Vill
- Cedar Berry Canyon Estates
- Centennial Vista Est
- Cornell
- Country Club Spf
- Crow Peak Bench
- Dodds
- Dry Creek
- ElKhorn Ridge Golf Estates
- Evans Addition
- Falcon Crest
- Frawley Ranch
- Goldenbelt
- Green Acres
- Harmony Heights
- Heritage Addition
- Heritage Drive Patio Homes
- Highland Addition
- Lookout Add
- Lookout Mountain Subdivision
- Lookout Valley Tract
- Miller Addition
- Miller Ranch at Spearfish Canyon
- Mountain Pl 1
- Mountain Pl 2
- Mountain Shadow Estates
- Mt. Shadows SPF
- Original Town
- Palisades Estates
- Peaceful Pines
- Pearson
- Pine Oaks
- Pleasant Ridge
- Ramsdell\’s
- Reebe Ranch Estates
- Rolling Hills
- Ruby Ridge
- Sandstone Hills
- Schar
- Sky Ridge
- Spring Creek Preserve Subdivision
- Sunset Oaks
- The Homestead at Countryside
- The Reserve On Higgins Creek
- The Timbers
- The Woodlands
- Top Shelf Development
- Valley View
- Voorhees Addition
- Wild Turkey Estates
Market Summary
Current real estate data for Commercial in Spearfish as of Aug 12, 2026
38
Commercial Listed
385
Avg DOM
197
Avg $ / SqFt
$910,787
Avg List Price
Property Summary
- 450 W Kansas Street Spearfish SD is a Commercial for sale in Spearfish, SD, 57783. It is listed for $1,500,000 To schedule a showing of MLS#88303 at 450 W Kansas Street in Spearfish, SD, contact your Dakota Home and Ranch Real Estate agent at 605.645.8983.
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© 2026 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.
Courtesy of RE/MAX In The Hills. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Dakota Home and Ranch Real Estate include the name of the listing broker. Neither the listing company nor Dakota Home and Ranch Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.
450 W Kansas Street
Spearfish, SD