Lake Commercial For Sale near Angostura Reservoir

Evan's RV Park - Hot Springs, South Dakota Offered at $260,000 Fall River RV Park offers a rare, turnkey opportunity in one of the southern Black Hills' most desirable recreational areas, located just minutes from Angostura Reservoir and the amenities of Hot Springs, SD. Situated on approximately 0.87+- acres, this well-maintained RV park combines modern infrastructure, attractive aesthetics, and excellent long-term potential. The property features 8 established RV pads, designed for easy access and efficient use of space. Each pad is equipped with 30-amp, 50-amp, and 20-amp electrical service, individual water hydrants, and on-site black tank dump hookups, making the park suitable for short-term, seasonal, or extended-stay guests. A standout feature of the park is the newly established grass and trees throughout the common and pad areas, supported by an underground sprinkler system that conveniently ties into the existing hydrants. This improvement enhances curb appeal, guest comfort, and overall property presentation while remaining practical and easy to maintain. Additional improvements include a 24' x 30' metal shop with electricity, ideal for storage, maintenance, or future development, along with an attached 10' x 30' carport providing covered space for equipment or vehicles. There is also ample room on the property for a permanent mobile home, offering flexibility for an owner-operator residence, onsite manager housing, or additional long-term rental income potential, an increasingly desirable feature for RV park ownership. Location continues to be a major draw. Angostura Lake is a popular destination for boating, fishing, swimming, and summer recreation, while Hot Springs provides year-round tourism with its natural hot springs, southern Black Hills attractions, dining, and essential services. This combination supports consistent demand from travelers, seasonal visitors, and outdoor enthusiasts. Whether you are an investor seeking a low-maintenance income property or an owner-operator looking for a manageable RV park with upside potential, Fall River RV Park presents an affordable and well-positioned opportunity in a growing recreational market. Property Highlights 8 RV pads with 30, 50 & 20 amp hookups Individual water hydrants & black tank dumps at each pad New grass established with underground sprinklers tied to hydrants 24' x 30' shop with electricity, with attached 10' x 30' carport Approx. 0.87+- acres Room for a permanent mobile home Minutes to Angostura Lake and Hot Springs, SD

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 0
  • Location: Angostura Reservoir
  • Acres: 0.880
  • Community: Angostura Irrigation District Farm Units
  • Garage: Garage
  • Roof:
  • Property Taxes: $1,350
  • MLS #: 11652391

Location

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Contact Information:

Contact Agent
Listing Agent: Thomas Wiles, #1 Properties Ranch and Recreation, LLC, 308-360-2030, 307-236-8299 Listing Site, Listing Status: Active
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Hot Springs, South Dakota
Ad Number : 7255666
Viewed: 40 times
Added: Feb 10, 2026
Updated on: Feb 10, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.