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505 N River Street, Hot Springs, SD 57747

Local realty services provided by:CENTURY 21 Stevens and Associates, Inc.
505 N River Street,Hot Springs, SD 57747
$549,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cathy mosset
Office: heartland real estate
MLS#:81449
Source:SD_NBHMLS

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, South Dakota. Built in 1910 and originally known as the Medical Block Building, the building offers 6320 sf of commercial space with three retail/office store front suites on the main level and an upper level with three 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 of local restaurants, waterfall, river front walking path takes you to many of the local attractions. The North River Street road reconstruction project is complete! 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. Main level office spaces fully occupied and have steady business

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Home facts

  • Year built:1910
  • Listing ID #:81449
  • Added:485 day(s) ago
  • Updated:December 19, 2025 at 03:27 PM

Heating and cooling

  • Cooling:Mini Split, Refrig. C/Air
  • Heating:Electric, Propane

Structure and exterior

  • Roof:Rubber
  • Year built:1910
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$549,000

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