3103 E Fairgrounds Loop, Spearfish, SD, 57783
About This Home
Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more information. Take a look at this opportunity for an established commercial building with tenants in place and room to expand. Located just off I-90, exit 8, in the Spearfish Industrial Park this commercial space produces great income and potential for more. Main floor is 4800+- square feet featuring 4 separate suites and an apartment. Basement is another 4800+- square feet partially built out including office space, storage space, garage space, and a huge walk-in cooler (condenser unit taken out). Historically 100% occupancy. Sitting on 0.9 acres with room to expand parking or the building if needed. Great investment opportunity, call today for a showing.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1978
Materials
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Site Built
Interior
Appliances
- Appliances included: Refrigerator,Electric Range Oven
- Laundry features: Main Level
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Natural Gas,Electric,Forced Air
- Cooling features: Refrig. C/Air
Interior Area
- Total structure area: 9,600
- Total interior livable area: 9,600 sqft
Master Bedroom
- Area: 361
Property
Lot
- Lot size: 0.90 Acres
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Hail
- Strong Wind
- Wildfire
- Inland Flooding
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Lawrence County and South Dakota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,809 | $69,708 |
| Home Insurance | $594 | $7,128 |
| Property Taxes | $737 | $8,844 |
| Electricity | $733 | $8,799 |
| Total | $7,873 | $94,476 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-03 | Price change | $1,299,000 |
| 2025-12-11 | Listed for sale | $1,400,000 |
View on Zillow