Red Rock River Resort
Red Rock River Resort | 603 N River St, Hot Springs, SD
Marketing description
Red Rock River Resort | 603 N River St, Hot Springs, SD
Red Rock River Resort is a rare multi-use hospitality investment offering strong upside through diversified revenue streams and destination-style potential. The property features 11 short-term rental accommodations, including a two-bedroom apartment, plus a full kitchen and dedicated dining room to support group stays, retreats, and catered operations. A key value driver is the event center with capacity for up to 250 guests, ideal for weddings, corporate events, reunions, and private functions, with three attached bedrooms to enhance event-weekend lodging packages and premium bookings.
A standout differentiator is the on-site spa and wellness area featuring a hot sand room, granite room, hot soaking tub room, and massage rooms, creating additional high-margin income potential. With its historic character and flexible layout, the property also offers a compelling opportunity to restore and elevate the guest experience—bringing the building’s story to life through curated stays, themed events, and unforgettable “only-in-Hot Springs” experiences. This unique combination of lodging + events + wellness positions the resort for expansion, increased occupancy, and higher revenue per guest.
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Investment highlights
Multi-Stream Hospitality Asset: lodging + events + wellness/spa revenue potential
11 Short-Term Rental Accommodations including a two-bedroom apartment
Event Center Capacity up to 250 Guests for weddings, corporate events, reunions & private functions
4 Bedrooms Attached to Event Center ideal for VIP suites, event-weekend packages, or staff lodging
Full Kitchen + Dedicated Dining Room supports group stays, retreats, and catered operations
On-Site Spa & Wellness Area featuring hot sand room, granite room, hot soaking tub room & massage rooms
Historic Character + Guest Experience Opportunity to bring the building’s story back through themed stays and curated events
Flexible Layout for Expansion to increase revenue per guest and enhance destination appeal
Ideal for Operator or Investor seeking a boutique resort with value-add potential
Basement area could host a Speakeasy or similar
Liquor License
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