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605-389-3335

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Listing 4 out of 14
$400,000 For Sale

505 N River St
Hot Springs, SD 57747


6,360 sq ft

Commercial: Retail - MLS# 142962
Property Photo
1/17

Description

Remarkable building built in 1910! Located on N. River Street downtown historical Hot Springs across from beautiful flowing waterfall and Centennial Park. This remarkable building has so much history, earlier known as the Medical Block in early 1900's. This two story sandstone building offers three Vacation rentals on second floor newly remodeled to provide a modern twist with old history for downtown living or vacationing (efficiency, 1 bedroom and 2 bedroom) with deck and laundry area; main level offers three office suites with conference room (modern technology additive), deck area, central storage room and work area. Many updates including new windows and modernization of second floor rental units. Building has strong history of occupancy and maintenance. Income generated all year long.

Features

  • Property Type: Commercial
  • Sub Type: Retail
  • Listing Status: Active
  • County/Area: Fall River County
  • Zip Code: 57747
  • Sq.Ft.: 6,360 sq ft
  • Basement: Full
  • View: Hills,Creek,City,Trees
  • Area: Southern Hills
  • Building Use: Warehouse, Office/Warehouse, Office, Retail, Storage, Other
  • Ceiling Height (Feet): 8-11 Feet, 12-15 Feet
  • Construction: Masonry, Wood Frame
  • Cooling: Central
  • Exterior Walls: Brick, Block
  • Floor Covering: Tile, Carpet
  • Foundation: Block, Wood, Stone
  • Heating: Electric, Propane, Forced Air, Baseboard
  • Interior Walls: Sheetrock
  • Leased: 90-100%
  • Meters: Separate
  • Owner Paid Expenses: Electric, Gas, Water, Sewer, Garbage, Maintenance, Insurance, Taxes, Janitorial
  • Parking: On-Street
  • Physical Condition: Excellent
  • Quality: Excellent
  • Road Frontage: Highway
  • Roof Type: Rubber
  • Safety Features: Smoke Detector, Burglar Alarm
  • Services: City Water, City Sewer, Electricity
Courtesy of Exit Realty Black Hills, Tammy Ackerman

Specialty Properties Real Estate
LICENSED IN SOUTH DAKOTA AND WYOMING
Rapid City, SD 57702
Phone: 605-341-1997
Email: david@specialtylands.com
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