$1,299,000
$101K PRICE DROP

3103 E Fairgrounds Loop Spearfish, SD 57783

Estimated payment $7,356/month

Total Views 26,413
1 Bed
1 Bath
5,632 Sq Ft
$231 Price per Sq Ft

Highlights

  • 0.9 Acre Lot
  • Forced Air Heating System
  • Refrigerated and Evaporative Cooling System
  • Deck

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.

Listing Agent

Brandon Harvey

Great Peaks Realty License #18016 Listed on: 12/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,538

Year Built

  • Built in 1978

Lot Details

  • 0.9 Acre Lot
  • Subdivision Possible

Home Design

  • 5,632 Sq Ft Home
  • Composition Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Electric Oven or Range
  • Laundry on main level
  • Deck
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,538

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 5632
  • Deck: Yes
  • Full Three Quarter Bathrooms: 1
  • Estimated Kitchen Size: 19x16
  • Estimated Primary Bedroom Size: 19x19
  • Master Bedrm Comments: Studio Apartment
  • Other Rm1 Approx Size: 11x14
  • Other Rm1 Comments: Bathroom
  • Personal Property: Refrigerator, Electric Range Oven
  • Subdivision Yn: Yes
  • Utilities Electric: Butte
  • Utilities Gas: MDU
  • Year Built: 1978
  • Zoning Spearfish: Light Industrial(Rest)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Yes
  • Estimated Sq Ft: 4000+
  • Estimated Total Sq Ft: 9600
  • Laundry: Main Level
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 1

Exterior Features

  • Exterior: Paved Street
  • Roof: Composition
  • Siding: Metal Siding

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. C/Air
  • Heating: Natural Gas, Electric, Forced Air
  • Utilities Sewer: City
  • Water: City

Lot Info

  • Acreage: .5 - 1
  • Number Of Acres: 0.9

Tax Info

  • RE Taxes: 5538.20
  • Re Tax Year: 24

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,638 $442,770 $150,000 $292,770
2024 $5,538 $398,830 $120,000 $278,830
2023 $5,402 $353,480 $100,000 $253,480
2022 $5,431 $330,440 $100,000 $230,440
2021 $4,935 $330,440 $0 $0
2019 $4,674 $284,490 $75,000 $209,490
2018 $4,656 $284,490 $0 $0
2017 $4,878 $269,590 $0 $0
2016 $4,582 $269,590 $0 $0
2015 $4,622 $269,590 $0 $0
2014 $4,566 $228,110 $0 $0
2013 -- $218,110 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2026 02/03/26 Price Changed $1,299,000 -7.2% $231 / Sq Ft
12/11/2025 12/11/25 For Sale $1,400,000 -- $249 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,500 Commercial
Source: Public Records

About the Listing Agent

Brandon Harvey

Great Peaks Realty

(605) 815-4973

Section Image

With over six years of experience in the vibrant Black Hills real estate market, I bring local expertise, honest communication, and a personalized approach to every client relationship. I specialize in helping first-time homebuyers, vacation property seekers, and investors find opportunities in residential homes, vacation rentals, and vacant land.

Whether you're purchasing your first home, searching for a peaceful getaway, or investing in land full of potential, I’m committed to making

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Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 86891

Mount Rushmore Area Association of REALTORS®

APN: 32310-00000-100-00