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604 Main St Spearfish, SD 57783

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For Sale
$5,000,000

Historic Kelley Block: Prime Retail & Residential

Property size:
63,000 SF

Property Features for 604 Main St

General Information

Property type
Other commercial real estate
Square Feet
63,000 SF

Building Details

Year Built
1900

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Listing Contact
Rick Tysdal
Rick Tysdal

Listing Agency: CENTURY 21 Spearfish Realty Listing Agent: Rick Tysdal

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Spearfish, South Dakota property, known as the Kelley Block, presents a rare investment opportunity. Located at 604 Main Street, this iconic building boasts approximately 63,000 square feet of space, combining thriving retail spaces on the ground floor with a diverse mix of upper-level uses. The second floor features the historic Mathews Opera House, a spacious dance studio, four office spaces, and five apartments. Apartment options include a studio, a beautifully renovated two-bedroom, two-bathroom loft apartment with expansive living and dining areas, and three additional two-bedroom units offering southerly views. Significant updates have been made throughout the years, encompassing HVAC, electrical, and plumbing systems. Adding to the property's value is a public restroom in the rear alley, currently leased to the City of Spearfish, and a dedicated parking lot for residential tenants. The building's substantial size includes approximately 43,000 square feet above ground and an additional 20,000 square feet of usable basement space, as per Lawrence County records. This unique property offers a blend of historical significance and strong commercial potential, making it an unparalleled investment in the heart of Spearfish. The asking price is $5,000,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

V Rae's Boutique Clothing Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Spearfish
County
Lawrence
State
South Dakota
Longitude
-103.8582
Latitude
44.48922

FAQs

What type of property is this?
Commercial real estate - Historic Kelley Block: Prime Retail & Residential
Where is this commercial real estate located?
The property is located at 604 Main St Spearfish, SD.
What is the asking price?
The asking price for this property is $5,000,000.
More about this property
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