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505 N River St
505 N River St, Hot Springs, SD 57747
$269,000
6,000 SF
$44.83
Retail
Retail (Other)
Investment
3%
7.50%
100%
2
Multiple
1910
7,500 SF
-
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Last Verified 10/27/2009
Listing ID 16287648
Highlights
Possible some owner carry.
- Motivated seller.
Description
Three main floor commercial rentals, 3 second story apartments. Commercial units adjoin so can be used as one unit. Common area in the back. Two bathrooms Commercial leases have one year minimum, apartments six month leases. Apartments have very little vacancy. Some utilities included with rents.Last twelve months 0% vacancy rate.Building completely remodeled, all new roof, electrical,and plumbing and store front.
Historic Sandstone building. Property sits in the heart of business area, local and tourist. High traffic!! High visibility!! A lot of foot traffic, local and tourist. Great area!
Actual
2009
$29,700
$20,500
Map of 505 N River St, Hot Springs, SD 57747 (Fall River County)
Created 6/21/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.