401 N River Street Hot Springs, SD 57747
Step into the magnificent Water, Light & Power Building, which stands as the largest and most exceptional historic sandstone building up for sale in Hot Springs. With its prime location on N River Street, this building promises to attract a steady flow of retail traffic, making it an ideal investment opportunity. The property boasts an incredible 10, 395 square feet, which includes a 1, 358 square feet retail space that currently operates as a salon and spa, a stunning 2-bedroom loft apartment above the salon, and two enormous garages on either side. The north-side garage spans 3, 186 square feet and features a 26x20 loading dock, while the south-side garage encompasses 3, 780 square feet and includes a basement of approximately 713 square feet that's ideal for storage. The building underwent a complete overhaul in 2021, with new electrical and plumbing systems, flooring, paint, fixtures, and even LED high-efficiency lights. It's rare to find a historic building that's been so extensively updated! The roof is new on the north-side garage and repairs to the rest of the building's roofs, along with the addition of a brand-new awning were done in 2023. The parking lot has plenty of spaces, and the location offers a fantastic view, making it an attractive investment opportunity with endless possibilities. Additionally, one of the owners is a licensed broker associate and the listing agent. Resa Rutz C21 Stevens & Assoc 605-891-1298
- Property TypeCommercial
- NeighborhoodN/A
- CountyFall River
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site38 Days
- MLS StatusActive
- MLS ID Number81437
- Home Size Source N/A
- Year Built1902
- Lot Size0.46 Acres
- Full BathsN/A
- Partial BathsN/A
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