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505 N River St, Hot Springs, SD 57747

Local realty services provided by:CENTURY 21 ClearView Realty
505 N River St,Hot Springs, SD 57747
$549,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cathy mosset
Office: heartland real estate
MLS#:170204
Source:SD_BHMLS

Price summary

  • Price:$549,000

About this home

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. The North River Street road reconstruction project which includes a new road, new sidewalks, new street lighting, updating city infra structure and includes the installation of a new cantilevered walkway along Fall River which flows through downtown is complete and looks amazing! The nightly vacation rental business could easily convert into monthly or

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Home facts

  • Year built:1910
  • Listing ID #:170204
  • Added:513 day(s) ago
  • Updated:December 17, 2025 at 06:56 PM

Heating and cooling

  • Cooling:Central
  • Heating:Electric, Propane

Structure and exterior

  • Year built:1910

Finances and disclosures

  • Price:$549,000

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