505 N RIVER ST $449,000

    Close

    505 N RIVER ST Hot Springs, SD 57747

    • 0.17 Acres
    • Commercial
    • MLS# 152818
    Favorite Share
    Views: 157 Days On Site: 135

    Go Tour This Home

    Schedule A Showing

    Property Details

    Description Tours

    Remarkable building built in 1910! Located on N. River Street downtown historical Hot Springs across from beautiful flowing waterfall and Centennial Park. This remarkable building has so much history, earlier known as the Medical Block in early 1900's. This two story sandstone building offers three Vacation rentals on second floor newly remodeled to provide a modern twist with old history for downtown living or vacationing (efficiency, 1 bedroom and 2 bedroom) with deck and laundry area; main level offers three office suites with conference room (modern technology additive), deck area, central storage room and work area. Many updates including new windows and modernization of second floor rental units. Building has strong history of occupancy and maintenance. Income generated all year long.

    • General Features
      • View Hills, Creek, City, Trees
      • Auction Y/N No
      • Area Southern Hills
      • Sale/Rent For Sale
    • Building Features
      • Basement Full, Unfinished
      • Construction Masonry,Wood Frame
      • COOLING Central
      • Exterior Walls Block, Brick
      • FLOOR COVERING Carpet,Tile
      • Foundation Block, Wood, Stone
      • Heating Electric, Propane, Forced Air, Baseboard
      • INTERIOR WALLS Sheetrock
      • Office SqFt 3160
      • Retail SqFt 3160
      • ROOF TYPE Rubber
      • SqFt Total1 6360
    • Property Features
      • PARKING On-Street
      • ROAD FRONTAGE Highway

    Contact

    TAMMY ACKERMAN

    TAMMY ACKERMAN

    NEW HEIGHTS PROPERTIES

    NEW HEIGHTS PROPERTIES

    Primary: 605-228-6784

    Neighborhood

    57747 (Hot Springs) Demographics

    53 Median Age
    13 Population Density (per sq. mile)
    37% College Educated
    $48,596 Estimated Median Income
    1,764 Estimated Total Home Owners
    720 Estimated Total Renters
    71% / 29% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    5,621 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    27 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $449,000
        1/30/2021 11:24:00 PM New in Database Source New Value: $449,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Black Hills Association of REALTORS®.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.