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Retail Bldg with apartment 509 North River Street, Hot Springs, SD 57747
Retail - Street
Office Retail
Property Description
This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springs' vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy cafe and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. The sale includes real estate only; business operations, FF&E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploration of the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
Area Description
Hot Springs, SD, is a charming town that captures the essence of the Southern Black Hills. The downtown area is a testament to its historical significance and natural beauty. Visitors can explore the Pioneer Historical Museum, which offers insights into the town's past, and the Hot Springs Makers Market, showcasing local artists and crafts. The town's architecture is a blend of sandstone buildings that tell stories of yesteryears, and the Angostura Reservoir provides a serene spot for fishing and camping. With its blend of relaxation, adventure, and cultural richness, Hot Springs, SD, is a must-visit destination for those seeking a unique experience in the Black Hills region.
Full Address: 509 North River Street, Hot Springs, SD 57747
Listing Type: FOR SALE
Status: Active
Building Class: B
Zoning: General Commercial
Region: M-WN
County: Fall River County
Closest Cross Streets: Minnekahta Avenue
Use Type: Retail + living space above
Property ID: 4089338
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Heating: Yes
Cooling: Yes
Building Construction: Masonry
Roof: Rubber
Building Sf: 3,936
Parcel Num: 210+75410-02300-015-00
Number Units: 2
Number Buildings: 1
Year Built: 1915
Year Renovation: 2025
Tenancy Type: Multi-Tenant