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401 N River Street

Hot Springs, SD 57747
  • $950,999
  • STATUS: Active
  • ON SITE: 310 Days
  • MLS #: 77411
UPDATED: 78 min ago
$950,999
  • 2
    BEDS
  • 0.46
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 10,395
    SQFT
  • $91
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1902
Area:

School Ratings & Info

Description

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! Construction is set to begin in April/May 2023 to install a new roof on the north-side garage and make full repairs to the rest of the building's roofs, along with the addition of a brand-new awning. 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 & Associates 605-891-1298

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© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Dupont Real Estate Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-06-17T12:44:48.003.
www.dupontrealestateteam.com/homes/142341969
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401 N River Street Hot Springs, SD 57747

  • Price: $950,999
  • Status: Active
  • On Site: 310 Days
  • Updated: 78 min ago
  • MLS #: 77411
2
Beds
1
Baths
1
½ Baths
0.46
Acres
10,395
SQFT
$91
$/SQFT
1902
Built
Neighborhood:
Hot Springs
Area:
Hot Springs
Property Description
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! Construction is set to begin in April/May 2023 to install a new roof on the north-side garage and make full repairs to the rest of the building's roofs, along with the addition of a brand-new awning. 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 & Associates 605-891-1298
Exterior Features

Construction Block Exterior Features Paved StreetRV Parking Garage Four or More Car Garage Size see remarks Garage Spaces 4+ Stalls Lot Size .46 Roof FlatRubber Style Other

Interior Features

Air Conditioning YN Yes Basement Yes Basement Substructure Partial BasementUnfinishedStone Foundation Cooling Refrig. C/Air Fireplace YN No Heating ElectricForced AirCove Main Floor Laundry Yes Upper Level Number Bedrooms 2

Property Features

Auction YN No Covenants No Flood Plainy NU Unknown For Sale Or Rent For Sale Garage Attachment Type Attached Modular No Owner Finance YN No Personal Property RefrigeratorElectric Range OvenRange Hood Residential Property Type Site Built Subdivision YN No

[Mount Rushmore Area Association of Realtors] logoListing information © 2024 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Resa Rutz of Century 21 Stevens & Associates: 605-745-5141.



© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Dupont Real Estate Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-06-17T12:44:48.003.
 
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