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N/A 1705 University Ave 3,570 SF 100% Leased Retail Building Hot Springs, SD 57747 $214,000 ($59.94/SF)
Executive Summary
***NEW PRICE*** LOCATION! LOCATION! LOCATION! Fantastic building in a great location near the high school. Owners have done nice upgrades to building, including siding and roof. It was formerly a vet clinic and before that a grocery store. It is ready for you to grow your business. This 3750 sq. ft. building has so many available options for you to turn this space into your own. Lots of parking and a high traffic area. This building is 3000square feet. Sellers have repaired the roof, so it is in great shape. They have insulated the building where there was none and re-sided the entire structure. They repaired structural damage that was from neglect. They have added an awning to the main front door and upgraded and replaced all exterior lighting. Come take a look!
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,570 SF
Building Class
C
Year Built/Renovated
1952/2022
Price
$214,000
Price Per SF
$59.94
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
0.52 AC
Zoning
Commercial - Commercial property in high traffic area. Bring your fresh ideas!
Parking
15 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
150’ on University Avenue
Amenities
- 24 Hour Access
- Corner Lot
- Storage Space
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 75500-00100-001-00 | Improvements Assessment | $185,130 |
| Land Assessment | $102,000 | Total Assessment | $287,130 |
Property Taxes
Parcel Number
75500-00100-001-00
Land Assessment
$102,000
Improvements Assessment
$185,130
Total Assessment
$287,130
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N/A | 1705 University Ave