646 Jennings Avenue, Hot Springs, SD 57747

$850,000

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Property Description

Incredible investment opportunity in the heart of Hot Springs! Formerly the Piggly Wiggly, this established multi-tenant business plaza offers over 10,000 sq. ft. on 1 acre in one of the city's most desirable commercial locations. Built in 1969, the property currently features approximately 26 rentable office and retail suites with a long history of occupancy, abundant on-site parking, and a flexible floor plan. One of the building's greatest assets is its solid masonry exterior construction. Many of the interior walls in the original structure are non-load-bearing, allowing future owners the opportunity to reconfigure the layout to meet a variety of business needs (does not apply to the south addition). The central location, directly across from the U.S. Post Office, provides excellent visibility and accessibility. Ideal for investors seeking an income-producing property or entrepreneurs envisioning a medical or professional office complex, coworking space, educational facility, wellness center, or other commercial venture. Rarely does a property of this size, location, and versatility become available in Hot Springs. Call today for additional information or to schedule your private tour.

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Listing courtesy of Century 21 Stevens & Associates.