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Browse More Listings in Retail For Sale, Hot Springs, SD or South Dakota

Retail Property For Sale

102 N Chicago St

102 N Chicago St, Hot Springs, SD 57747

Price:
$675,000
Building Size:
13,000 SF
Price/SF:
$51.92
Property Type:
Retail
Property Sub-type:
Retail (Other)
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
7.50%
Occupancy:
95%
No. Stories:
2
Tenancy:
Multiple
Year Built:
1927
Lot Size:
15,000 SF
Find Out More...

Last Verified 10/23/2009 Listing ID 16287649

Description

7 commercial spots, 3 one bedroom apartments, 5 efficiency apartments and 2 two bedroom apartments one of the original sandstone buildings in Hot Springs. Very little vacancy in upstairs apartments. Owners occupy one of the 2 bedroom units. Apartment rents are $375.00 to $475.00. All utilities included. Laundry facilities available. Commercial rents vary according to size.Last years vacancy rate 2.6%.

Historic Sandstone building located on the busiest corner in town!

Financial Summary

Debt & Equity Information

Actual
Year
2009
Scheduled Gross Income
$83,000
Net Operating Income
$50,000

Map of 102 N Chicago St, Hot Springs, SD 57747 (Fall River County)

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Created 6/21/2009

Additional Information for 102 N Chicago Street, Hot Springs, SD 57747

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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.

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Retail Property For Sale - 102 N Chicago St

102 N Chicago St, Hot Springs, SD, 57747