603 N RIVER ST, Hot Springs, SD 57747
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603 N RIVER ST, Hot Springs, SD 57747
603 N RIVER ST, Hot Springs, SD 57747
603 N RIVER ST, Hot Springs, SD 57747
603 N RIVER ST, Hot Springs, SD 57747
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Arnie + Tina Sharp

Arnie + Tina Sharp

+1(605) 858-9722
$ 1,550,000
Est. payment /mo
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603 N RIVER ST Hot Springs, SD 57747

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Key Details

Property Type Multi-Family, Residential Income

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Subdivision Sulphur Springs Addn

MLS Listing ID 177343

Style Other

HOA Y/N No

Year Built 1891

Lot Dimensions 8276

Property Sub-Type Multiplex

Property Description

A rare opportunity in the heart of Hot Springs! Red Rock River Resort is a one-of-a-kind hospitality property offering a unique blend of historic charm, lodging flexibility, event potential, wellness amenities, and added commercial opportunity. Built in 1891 with striking sandstone character, this property is ready for its next chapter—whether as a boutique destination, retreat venue, or income-producing investment. The resort features 17 guest accommodations, including a desirable two-bedroom apartment, providing excellent options for short-term rentals, extended stays, or on-site management. Designed for hosting and gatherings, the property includes a full kitchen and dedicated dining room, and includes a liquor license ideal for serving guests, groups, and events. A standout highlight is the large event center with capacity for up to 250 people, perfect for weddings, receptions, reunions, corporate events, and private celebrations. The event center also offers four attached bedrooms, adding additional lodging and convenience for event weekends. Adding to the guest experience is an on-site spa and wellness area featuring specialty spaces including a hot sand room, granite room, hot soaking tub room, and massage rooms—a rare amenity that truly sets this property apart. The property also includes available retail space, offering additional income potential and flexibility for boutique, gift shop, or guest-focused services. With additional room to grow, the basement offers exciting potential for future expansion—imagine creating a unique lounge or speakeasy-style space to elevate the guest experience even further. With lodging, event space, dining infrastructure, spa features, and expansion potential all in one location, Red Rock River Resort is a truly exceptional opportunity in Hot Springs, SD.

Location

State SD

County Fall River

Area Southern Hills

Zoning Conforming

Direction On the Corner of North River Street and National Street

Interior

Interior Features Elevator

Heating Electric, Forced Air, Propane

Cooling Central Air, Window Unit(s)

Window Features Window Coverings

Appliance Refrigerator, Washer, Dryer, Microwave

Exterior

Exterior Feature Private Entrance

Parking Features On Street, Off Site

View Y/N No

View Hills, Creek/Stream, City

Garage No

Building

Foundation Concrete Perimeter

Architectural Style Other

Listed byBERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY
Arnie + Tina Sharp

ARNIE + TINA SHARP

Phone

+1(605) 858-9722

Address

628 Jackson Blvd, Rapid City, SD 57702-2526, USA

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