Commercial Real Estate in Rapid City available for sale
Rapid City Motels For Sale

Motels for Sale in Rapid City, SD, USA

More details for 2827 E Mall Dr, Rapid City, SD - Land for Sale

2827 E Mall Dr

Rapid City, SD 57701

  • Motel
  • Land for Sale
  • $2,248,730 CAD
  • 9.95 AC Lot
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More details for 1046 Endeavour Blvd, Rapid City, SD - Land for Sale

Rapid City/Box Elder SD 18.14 acres - 1046 Endeavour Blvd

Rapid City, SD 57703

  • Motel
  • Land for Sale
  • $4,536,661 CAD
  • 18.14 AC Lot
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More details for 2124 N Lacrosse St, Rapid City, SD - Hospitality for Sale

Serena Inn and Suites Repositioning - 2124 N Lacrosse St

Rapid City, SD 57701

  • Motel
  • Hospitality for Sale
  • $4,427,360 CAD
  • 46,689 SF

Rapid City Hospitality for Sale

Great location - High-visibility I-90 redevelopment and repositioning opportunity in one of Rapid City’s strongest growth corridors The existing layout and scale provide flexibility for investors pursuing: • Hotel repositioning and rebranding • Extended stay conversion • Workforce housing • Studio apartment redevelopment • Hybrid lodging/residential concepts Hospitality & Commercial Brokers is pleased to present this strategically located 117-room hospitality redevelopment & repositioning opportunity positioned directly off Interstate 90 and LaCrosse Street in Rapid City, South Dakota — one of the region’s most heavily traveled commercial corridors.? Offered at $3,200,000 ($27,350/key), the property presents a rare opportunity to acquire a large-scale hospitality asset significantly below replacement cost with multiple repositioning paths available.? The property is ideally situated near substantial ongoing commercial growth, including new retail and restaurant development featuring Chick-fil-A, Les Schwab, and additional national tenants.? The location also stands to benefit from the planned regional sports complex, expected to generate increased tourism, group, and family travel demand.? Rapid City’s economy is additionally supported by Ellsworth Air Force Base, one of the region’s largest economic drivers and employers.? The base contributes significant year-round lodging demand through military personnel, contractors, training activity, visiting families, and ongoing infrastructure investment tied to the B-21 Raider program and future expansion initiatives.? Ellsworth’s continued growth is expected to further strengthen long-term housing and hospitality demand throughout the Rapid City market.? Rapid City continues to experience strong regional growth and investment activity across both the hospitality and multifamily sectors.? While new apartment developments are actively being constructed throughout the market, demand for workforce-oriented and affordable housing options remains significant.? The property’s scale, interstate visibility, and flexible layout position it well for investors seeking value-add hospitality repositioning or adaptive reuse opportunities.? The economy and midscale hotel segment within Rapid City has also experienced limited new supply additions in recent years, supporting long-term operational upside for a renovated and repositioned asset.? The property is being sold as-is and offers investors the opportunity to create significant value through renovation, operational repositioning, and adaptive reuse strategies.?

Contact:

HCBRE, LLC

Property Subtype:

Hotel

Date on Market:

2026-05-07

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Motels for Sale within 50 kilometers of Rapid City, SD, USA

More details for 855 N 5th St, Custer, SD - Hospitality for Sale

Bavarian Inn - 855 N 5th St

Custer, SD 57730

  • Motel
  • Hospitality for Sale
  • $9,539,578 CAD
  • 42,027 SF
  • Pool

Custer Hospitality for Sale

Rare opportunity to acquire one of South Dakota's most profitable independent boutique hotels. Located on 5.5 private acres along Highway 385 in Custer, SD, this 64-room luxury property is the closest hotel to the iconic Crazy Horse Memorial and minutes from Mount Rushmore, Custer State Park, and the full breadth of Black Hills attractions. Non-franchised and fully independent, this is a business with no brand fees, no mandatory PIPs, and complete owner control. A true turnkey operation, the property has seen over $2 million in capital improvements over the past 11 years, including new roofs on all buildings, updated HVAC units, refreshed bathrooms, resurfaced parking and sports courts, new commercial laundry facilities, enhanced internet infrastructure, and full guestroom furnishing upgrades. Amenities include a stunning indoor heated pool, fenced outdoor pool, pickleball and basketball courts, multiple guest patios, free laundry, and two EV charging stations. A private 3,000 sq ft, 3-bed/2-bath owner's quarters is included on site. The Black Hills remains one of the Midwest's most resilient tourism markets, and the timing for this acquisition is exceptional: fireworks return to Mount Rushmore for the first time since 2009 to celebrate the nation's 250th anniversary in 2026, expected to be the region's largest tourism event in a generation. The property is staffed, systematized, and fully operational with documented procedures, modern PMS, and integrated OTA distribution — suitable for owner-operators and qualified investors alike. Full financials and offering materials available upon NDA execution.

Contact:

Prime Investment Properties LLC

Property Subtype:

Hotel

Date on Market:

2026-04-28

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More details for 1201A Old Hill City Rd, Keystone, SD - Land for Sale

22.83-acre jewel inside KEYSTONE CITY LIMITS! - 1201A Old Hill City Rd

Keystone, SD 57751

  • Motel
  • Land for Sale
  • $933,758 CAD
  • 22.83 AC Lot
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