713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo
713 N River Street, Hot Springs, SD 57747 Photo

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713 N River Street Hot Springs, SD 57747
$385,000
ACTIVE / MLS# 88821 / Commercial - Retail / Hot Springs
0 Beds

Listed by Seth Malott at CENTURY 21 ClearView Realty 605.545.2609 Built in 1913 as the region's first Ford dealership, this iconic sandstone block building at 713 N. River Street is a proven income producer in the heart of downtown Hot Springs ? situated right between the Smokehouse Bar and the Flat Iron Historic Inn. The 6,400 SF multi-tenant building features four separate commercial spaces with individual electric and water meters, three of which are currently occupied by long-term, loyal tenants including two established anchor businesses, a middle retail space with fresh potential, and a rear office suite leased to a handyman operation. Major improvements include a new steel roof (2021) and PEX plumbing to the basement. An unfinished second floor offers exciting upside with potential to build out a 2-bed/1-bath apartment. The property features great main street frontage, alley access with parking, and a vacant adjacent lot ? all at an asking price of $385,000 with $29,400 in annual rents and flexible terms available including owner carry.

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Property Details

Property Type: Commercial - Retail
Cooling: None
Heating: Propane
Lot Size: 0.17 Acres
Year Built: 1913

Feature Descriptions

Basement/ Foundation: Partial Basement
Days on Site: 1
Sewer: City (At Site)

Listed By / Shown By

Listed By

Agency Name: Century 21 Clearview Realty

Shown By

Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544

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