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431 N RIVER, Hot Springs, SD 57747

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Key Facts

1,475Sq Ft

Description

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 been working on plans to put in a new storefront window and entry door. Excellent spot for a restaurant or retail business to attract tourist traffic!

Property Information

Property Type

Commercial Sale

Sub-Type

Retail

Living Area

1,475 sq ft

MLS® Listing#

177476

Property Features

Flooring

Concrete

Parking

On Street

Construction

FrameBrick

Roof

Rubber

Sewer

Public Sewer

Water Source

Public

Affordability Calculator

$27,000

Estimated monthly payment

$719/mo

Principal $108,000 · Est. interest $150,670 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Hot Springs, SD

$421,429
Median Listing Price
77
Median Days on Market
1,728
Median Sq Ft
$255
Median Price / Sq Ft
114
Active Listings
  • This home’s price is 68% below the area median.
  • Its price per sq ft is 64% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Hot Springs, SD.

Location

  • 431 N RIVER, Hot Springs, SD 57747

Points of Interest in Hot Springs, SD

Showing the Hot Springs area map.

Nearby Schools

  • Hot Springs Middle School

    Secondary · 0.2 mi away

  • Hot Springs High School

    Secondary · 0.2 mi away

  • Hot Springs Elementary - 02

    Elementary · 0.3 mi away

  • Bethesda Lutheran School

    School · 0.4 mi away

  • Edgemont Elementary - 03

    Elementary · 20.0 mi away

  • Oelrichs High School - 01

    Secondary · 21.5 mi away

  • Custer High School

    Secondary · 23.4 mi away

  • Custer Elementary School

    Elementary · 23.8 mi away

  • Custer School District 16-1

    School · 24.0 mi away

  • Hermosa School

    Elementary · 31.4 mi away

  • Black Hills Children's Home

    School · 33.2 mi away

  • Hill City High School

    Secondary · 34.5 mi away

  • Hill City Middle School

    Secondary · 34.6 mi away

  • Hill City Elementary School

    Elementary · 34.6 mi away

  • Rapid City Christian School

    School · 38.7 mi away

  • Isna Wica Owayawa (Loneman School)

    Elementary · 39.1 mi away

  • Corral Drive Elementary School

    Elementary · 43.1 mi away

  • South West Middle School

    Secondary · 43.1 mi away

  • Calvary Christian School

    School · 43.3 mi away

  • Zion Lutheran School

    School · 43.4 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Hot Springs

Listing Courtesy: KELLER WILLIAMS REALTY BLACK HILLS - 6053437500

Presented by: DAN LOGAN

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Black Hills Association of REALTORS®. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BlackHills. MLS® Listing#177476. © 2026EXIT Realty®. All rights reserved.