Back to Listings 431 N River
EXCELLENT RETAIL/TOURIST LOCATION
$150,000
Bldg 1,475 SF | Land 0.05 Acres | 1 Story
Property Information
List Price $150,000
Zoning General Commercial
Bldg SF 1,475
Year Built 1929
County Pennington
Acres 0.05
Property Overview
Exceptionally located commercial space in downtown Hot Springs. This 1,475 sf 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 architectural plans to put in a new storefront window and entry door. Excellent spot for a restaurant or retail business to attract tourist traffic!
Highlights
-1,475 SF space in downtown Hot Springs
-Across from the Hot Springs RiverWalk Direct view of the waterfall when stepping outside
-Interior stripped down and ready for a custom buildout
-Current owners have architectural plans for:New storefront window and New entry door
-Ideal for a restaurant or retail business (Attracts tourist traffic)
Listing Agents
Commercial Broker
Chris began his career in Denver, CO as a research associate for The Meyers Group. During his time in this position, he led the new development research group and published monthly reports on sales trends and absorption rates in the local market.In 2003 he joined UDR, Inc., a national real estate investment trust focused on the multifamily sector. During his tenure with UDR, he held positions of financial analyst, operational strategist and 4 years as Director of Pricing and Revenue Management. Chris led a team in a nationwide rollout of yield management software for over 230 properties which led to industry wide adoption and industry leading revenue growth.After moving to South Dakota in 2010, Chris joined Sandra Runde and formed the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 12 years, the KW Commercial team has led the market in both commercial sales and commercial leasing volume. In the last 3 years his team has sold and leased nearly $200 Million in real estate placing them #1 in the North Central Region and ranked in the top 10 for KW Commercial nationwide.
Broker Associate
Having grown up in the Black Hills, moving back was an easy choice for Dan after finishing his contract with the Army. During those years he served as a combat medic and was stationed in Germany and Colorado working primarily alongside infantry and military police units.Upon returning to Rapid City, he enrolled with Black Hills State University and recently graduated with a degree in Business Management. During this time, he also obtained his Real Estate License and began work with the Rapid City Commercial Team. He is eager to assist business owners and investors navigate their commercial real estate decisions and create win-win deals for both parties in a transaction.
