401 N River Street, Hot Springs, SD 57747
Fall River County
Key Facts
Description
Turnkey business opportunity in the heart of uptown Hot Springs. Welcome to Polished Salon and Spa, an established and thriving full service salon that has been serving the community since 2017. Known as a staple in the local beauty industry, this business has built a strong reputation and loyal client base. Polished Salon and Spa currently operates with four booth renters and offers room for additional professionals, providing immediate income potential and opportunity for expansion. The salon offers a full range of services including hair, skin care, nails, and waxing, with space that has previously accommodated massage therapy as well. This award winning business was recognized in 2022 as Black Hills Best Salon of the Year in three categories and has received multiple nominations for the Hot Springs Chamber of Commerce Service Business of the Year. A rare opportunity to step into a well established, growing business in a prime location. Ideal for an owner operator or investor looking to expand in the beauty and wellness industry. Seller is listing broker and owner of the salon.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1902
Stories
1
Living Area
1,500 sq ft
Lot Size
0.01 acres
MLS® Listing#
87940
Property Features
- Heating:
- Propane
- Parking:
- On Street
- Laundry:
- Laundry Room
- Sewer:
- Public Sewer
Directions
Hwy 385 to 401 N River St
Affordability Calculator
$11,000
Estimated monthly payment
$293/mo
Principal $44,000 · Est. interest $61,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hot Springs, SD
- $426,923
- Median Listing Price
- 78
- Median Days on Market
- 1,751
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 115
- Active Listings
- This home’s price is 87% below the area median.
- Its price per sq ft is 86% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hot Springs, SD.
Location
- 401 N River Street, Hot Springs, SD 57747
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 · 21.4 mi away
Custer High School
Secondary · 23.4 mi away
Custer Elementary School
Elementary · 23.9 mi away
Custer School District 16-1
School · 24.1 mi away
Hermosa School
Elementary · 31.4 mi away
Black Hills Children's Home
School · 33.3 mi away
Hill City High School
Secondary · 34.6 mi away
Hill City Middle School
Secondary · 34.6 mi away
Hill City Elementary School
Elementary · 34.7 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 · 43.5 mi away
Commute Calculator
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EXIT Agents in Hot Springs
Listing Courtesy: Century 21 Stevens & Associates