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401 N River St Hot Springs, SD

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For Sale
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Exceptional historic building with retail, residential, and garage spaces.

Type:RETAIL
Property size:
10,395 SF
Lot size:
0.47 Acres
Added:
Nov 5, 2025
Days on Market:
153
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

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Listing Contact
Resa Rutz
Resa Rutz

Listing agent Resa Rutz

Listing office Century 21 - Stevens and Associates, Inc. | Hot Springs

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


Overview

Historic Hot Springs Mixed-Use Building

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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Hot Springs
County
Fall River
State
South Dakota
Longitude
-103.48
Latitude
43.4337

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.
(605) 891-1298 Call to check price and availability
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