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450 W Kansas StreetSpearfish, SD 57783

Lawrence County

$1,500,000List price
5,787Sq Ft
1970Year built
0.67Acre lot
2Stories
5 months agoOn market

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.

Property Information

Property type
Commercial Sale
Sub-type
Business
Year built
1970
Stories
2
Living area
5,787 Sq Ft
Lot size
0.67 acres
Parking spaces
25
Days on market
158
MLS® Listing#
88303

Property Features

Heating
Natural Gas
Basement
Partial
Lot features
Level
Construction
Frame

Directions

Jackson Blvd. turn right on 3rd street business on the left side.

Listing Courtesy: RE/MAX In The Hills

The data relating to real estate for sale on this website 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 EXIT Realty Black Hills are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright ©2026 Mount Rushmore Area Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.

Connect with a Local Real Estate Expert

  • Linnea Bulyca

    Sales Representative

    EXIT Realty Black Hills

  • Ray Moore

    Sales Representative

    EXIT Realty Black Hills

  • Hadass Negi

    Associate Broker

    EXIT Realty Black Hills