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431 N River St 1,475 SF Retail Building Hot Springs, SD 57747 $135,000 ($91.53/SF)



Investment Highlights
- -1,475 SF space in downtown Hot Springs
- Current owners have architectural plans
- Interior stripped down and ready for a custom buildout
- Ideal for a restaurant or retail business (Attracts tourist traffic)
Executive Summary
Exceptionally located commercial space in downtown Hot Springs. This 1,475sf building is situated across from the Hot Springs River Walk with the waterfall straight ahead when you step out the door. The interior has been stripped down and is ready for a custom buildout. The current owners have been working on plans to put in a new storefront window and entry door. Excellent spot for a restaurant or retail business to attract tourist traffic!
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,475 SF
Building Class
C
Year Built
1929
Price
$135,000
Price Per SF
$91.53
Building Height
1 Story
Building FAR
0.68
Lot Size
0.05 AC
Zoning
Commercial - Commercial
Frontage
87’ on N River St
Nearby Major Retailers
Property Taxes
| Parcel Number | 75410-02300-011-00 | Improvements Assessment | $59,444 |
| Land Assessment | $33,835 | Total Assessment | $93,279 |
Property Taxes
Parcel Number
75410-02300-011-00
Land Assessment
$33,835
Improvements Assessment
$59,444
Total Assessment
$93,279
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431 N River St
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