Auction Information
Online Bidding SiteCommercial Real Estate Auction- Hospitality, Black Hills, SD
Located in the heart of the historic district, the Resort occupies one of the grand sandstone buildings designed and built by talented artisans at the turn of the last century. With its timeless beauty and multi-functionality, the Red Rock River Resort has been recently renovated and offers commercial space with no lack of opportunity.
Owners Joe and Julie Pekron have renovated and operated this property with exceptional care and fidelity and have built several well-established and profitable businesses. Theyve decided its now time for them to allow another to go on and make their mark from here.
Its our extreme pleasure to offer the Minnekahta Block building and Red Rock River Resort. Make plans to join us and take advantage of this unique opportunity.
Property Viewing Dates: October 11, October 25 and November 8 from 2-4, p.m. MT or by appointment.
Online pre-bidding opens Monday, N...
Online pre-bidding opens Monday, November 8th, 2021. Live & Online Auction held Wednesday, November 10th at 5:30 p.m. MT on location at the Red Rock River Resort, 603 North River Street, Hot Springs, SD, 57747. Have your financial arrangements made prior to bidding. Broker participation invited (form and deadline required).
BUSINESS ENTITIES
Constructed in: 1891, Renovated in 2015
US Hwy 385 frontage
3 Levels plus basement, 24,960 sqft.
Hotel- 10 Suites- Specialty lodge includes 10 suites with 12 ceilings and in-floor heating.
Event Center/ Wedding Venue- Approved for 250 capacity, is handicap accessible and includes dance floor, 2 restrooms, and 4 suites.
Spa Wing- Includes 4 massage rooms, including dry heat, sauna, and hydrotherapy.
Restaurant and Bar with Commercial Kitchen- Fine dining and bistro restaurant seats up to 150 for banquets; restaurant and liquor licenses transfer with title; large kitchen area.
Lower Level Apartment- 2 bed/1 bath, includes separate off-street access, new plumbing, electricity, drywall, windows. and kitchen.
(2) Office Suites- Include 3 rooms each with separate addresses, access to restrooms, street access and parking.
Furniture and Equipment not included but may be purchased separately.
Financials and earnings available upon request.
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The Red Rock River Resort is located in Hot Springs, SD, nestled in the Southern Black Hills near US Hwy 385 at 603 North River Street.
This commercial property is located in the Minnekahta block, a historic building which dates back to 1891. Located in the heart of the historic district, the Resort occupies one of the grand sandstone buildings designed and built by talented artisans at the turn of the last century.
Southern Black Hills Tourism: The iconic sandstone Minnekahta block is located in downtown Hot Springs, within a short drive of Custer State Park, Mammoth Site of Hot Springs, Moccasin Springs Natural Mineral Spa, Evans Plunge Mineral Springs, Angostura Recreation Area, J.H. Keith Cascade Falls Picnic Area, Moccasin Springs and more! Adjacent to US Hwy 385 (traffic counts 2,000/day.