$1,600,000
MLS #: 177343

Description of 603 N RIVER ST, Hot Springs, SD 57747

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.

Property Features of 603 N RIVER ST, Hot Springs, SD 57747

TYPE
Multi Family
Year Built
1891
Subdivision
SULPHUR SPRINGS ADDN
Community
Southern Hills
Features
Central air
Electric heat
Forced air heat
Propane heat
Window unit air conditioner
On street parking
Stone exterior
Corner lot
Lot has city view
Subdivision: SULPHUR SPRINGS ADDN
Lot zoned: Conforming
Lot has stream/creek view
Smoke alarm
Window coverings
Elevator(s)
Furnished
Unfinished basement
Public sewer
Public water
Units in building(s): 17
For sale
Courtesy of: BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY CHERI ST. PIERRE

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