Historic Hot Springs Mixed-Use
401 N River St, Hot Springs, SD
Call to check price and availability
Exceptional historic building with retail, residential, and garage spaces.
Type:RETAIL
Property size:
10,395 SFLot size:
0.47 AcresPrice / SF:
$88/SF- Added:
- Nov 5, 2025
- Days on Market:
- 198
- Last Refresh:
- Apr 5 at 9:12 pm
Property Features for 401 N River St
General Information
- Standard status
- Active
- Size
- 10,395 SF
- Lot size
- 0.47 Acres
- Property subtype
- RETAIL
Listing agent Resa Rutz (605) 891-1298
Listing office Century 21 - Stevens and Associates, Inc. | Hot Springs (605) 891-1298
Listing date Nov 5, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 - Stevens and Associates, Inc. | Hot Springs
HighLights
- Largest and most exceptional historic sandstone building for sale in Hot Springs.
- Prime location on N River Street with high retail traffic.
- Substantial 10,395 square feet including retail space, loft apartment, and two large garages.
- Complete overhaul in 2021 with new electrical, plumbing, flooring, paint, and fixtures.
- New roof installation and roof repairs scheduled to begin in April/May 2023.
- Includes a 1,358 square foot retail space currently operating as a salon and spa, plus a 2‑bedroom loft apartment.
Overview
The Water, Light & Power Building is a historic sandstone building located on N River Street in Hot Springs. The property offers 10,395 square feet of space, including a 1,358 square feet retail space currently operating as a salon and spa, a two-bedroom loft apartment above the salon, and two garages. The north-side garage spans 3,186 square feet and features a 26x20 loading dock. The south-side garage encompasses 3,780 square feet and includes a basement of approximately 713 square feet suitable for storage. The building was renovated in 2021 with updated electrical and plumbing systems, flooring, paint, fixtures, and LED high-efficiency lights. Construction is scheduled to begin in April/May 2023 to install a new roof on the north-side garage and repair the remaining roofs, along with a new awning. The property includes a parking lot and offers views.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Fall River
- State
- South Dakota
- Longitude
- -103.48
- Latitude
- 43.4337
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Exceptional historic building with retail, residential, and garage spaces.
Where is this retail space located?
The property is located at 401 N River St Hot Springs, SD.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Largest and most exceptional historic sandstone building for sale in Hot Springs.; Prime location on N River Street with high retail traffic.; Substantial 10,395 square feet including retail space, loft apartment, and two large garages.
