106 South Chicago Hot Springs SD 57747

Call Us Now 605-745-6772

Serving the

entire Black Hills region!

Property Information
Price $950,999.00

MLS
#77411
Price
$950,999.00
Type
Site Built
Style
Other
Area
Hot Springs
Subdivision
No Subdivision
Bedrooms
2
Full & 3/4 Baths
1
Half Baths
1
Basement
Yes
Garage
Four or More Car
Garage Size
see remarks
A/C
Yes
Fireplace
No
Main Floor Laundry
Yes
Sq ft
4000+
Year Built
1902

401 N River Street, Hot Springs

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

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Century 21 Stevens & Associates, Phone: 605-745-5141
Contact Us
Map
Save Listing

Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706