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Retail Front with appartment

$475,000

509 North River Street, Hot Springs, SD 57747

Active
Last Updated: 06/15/2026

3,936 sqft

Building Size

0.05 acres

Lot Area

Details:
Building Size:    3,936 sqft
Lot Area:    0.05 acres
Class:    B
Units:    2
Year Built:    1915
Zoning:    General Commercial
Tenancy:    Multiple
Floors:    2
Year Last Renovated:    2025
Roof:    Rubber
Floor:    Tile / Wood
Restrooms:    2
Heating:    Electric / Coal/ Wood
Cooling:    Window / Wall
Highlights:
  • Separate entrance for upstairs apartment - Owner use of perfect for a rental
  • Bldg for sale only - FF&E is available, through a separate bill of sale for $85,000
  • Very nice location along the water and walkable downtown area
  • Apartment features new kitchen, appliances and lighting
Description:

This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springs’ vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy café and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploring the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. 

*** The sale includes real estate only; business operations, FF&E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately.

Map:
Documents:
Title
509 N River St - Offering Memorandum
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Location
Gallery