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505 N River St

Hot Springs, SD 57747
  • $689,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 169384
UPDATED: 60 min ago
$689,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,320
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY. With this acquisition, you will be able to step into an existing income producing property located in the downtown Historic District of Hot Springs. Built in 1910 and originally known as the Medical Block Building, the building offers 6320 sf of commercial space with 3 retail/office store front suites on the main level and an upper level with 3 vacation rental apartments. The building has recently undergone an update throughout offering modern amenities. The location of this property is within walking distance from many local restaurants, waterfall, river front walking path and many of the local attractions. North River St is in its final phase of a street road reconstruction project. Main level office spaces fully occupied and have steady business and the vacation rental business books regularly and booking calendar will transfer to the new owner. (See VRBO - this platform provides excellent additional information on the amenities of these vacation rentals).

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© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. Data last updated: 2024-07-14T00:16:57.567.
www.blackhillsrealtyhomes.com/homes/152109169
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505 N River St Hot Springs, SD 57747

  • Price: $689,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 60 min ago
  • MLS #: 169384
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,320
SQFT
$109
$/SQFT
Neighborhood:
Southern Hills
County:
Other
Area:
Southern Hills
Property Description
INVESTMENT OPPORTUNITY. With this acquisition, you will be able to step into an existing income producing property located in the downtown Historic District of Hot Springs. Built in 1910 and originally known as the Medical Block Building, the building offers 6320 sf of commercial space with 3 retail/office store front suites on the main level and an upper level with 3 vacation rental apartments. The building has recently undergone an update throughout offering modern amenities. The location of this property is within walking distance from many local restaurants, waterfall, river front walking path and many of the local attractions. North River St is in its final phase of a street road reconstruction project. Main level office spaces fully occupied and have steady business and the vacation rental business books regularly and booking calendar will transfer to the new owner. (See VRBO - this platform provides excellent additional information on the amenities of these vacation rentals).
Exterior Features

Parking On-Street Road Frontage City/County Roofing Rubber View CityHills

Interior Features

Basement Partial Cooling CentralWindow/Wall Heating ElectricForced AirPropane Interior Walls Sheetrock

Property Features

Auction YN No Building Use OfficeOtherRetail Commercial Type Retail Sale Or Lease For Sale Services City Sewer

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Cathy Mosset of HEARTLAND REAL ESTATE: 605-745-6772.


© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. Data last updated: 2024-07-14T00:16:57.567.
 
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