Retail

Hot Springs, SD Retail Space for Sale

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Custer, SD Oral, SD Smithwick, SD Edgemont, SD Oelrichs, SD
Multi-Tenant Office Building
Updated: Aug 2
Multi-Tenant Office Building

646 Jennings Avenue, Hot Springs, SD 57747

$850,000
1.00 AC lot
10,560 square feet on 1 acre
Approximately 26 rentable office and retail suites
Built in 1969 with solid masonry exterior construction
Many original interior walls are non‑load bearing; flexibility excludes the south addition
Abundant on‑site parking
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1 active listing matches your search: Retail for sale in Hot Springs, SD. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Service Space
Retail Service Space

2315 Jackson Blvd, Rapid City, SD 57702

Contact for pricing
1,500 sqft

Visible to passing traffic on Jackson Boulevard, the space includes customer and side access doors.

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Commercial
Commercial

21417 Us Hwy 14A, Lead, SD 57754

$1,150,000

Conventional restaurants

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Retail Space
Retail Space

209 Terraville Avenue, Lead, SD 57754

Contact for pricing
3,456 sqft

Located in Lead with Residential zoning.

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Renovated Retail Showroom
Renovated Retail Showroom

306 Main St, Rapid City, SD 57701

Contact for pricing
2,800 sqft

An open customer-facing layout includes dedicated storage and access to shared restrooms.

View details

Off-Market Properties in Hot Springs, SD

Consider similar Off-Market properties in Hot Springs, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2244 University Ave
Individual retail properties

2244 University Ave, Hot Springs, SD 57747

Estimated value: by Request
9,180 sqft
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Hot Springs, SD Retail Space Market Trends and Statistics

Explore 2 retail space for sale in Hot Springs, SD on our real estate platform.

Sale prices for retail space in Hot Springs, SD average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 5,889
Population Growth (5Y) -0.4%
Median Household Income $64,023
College Educated 32.2%

High-Yield Neighborhoods for Investment

Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57747 $850K

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $92.35 per SF
Average Loan-to-Value 65.0%

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