$499,000 CHARMING 4-PLEX in EXCELLENT LOCATION across from BUTLER PARK in the great town of Hot Springs. 100% occupancy for forever, with 3 units having same tenants 8 years or longer. Apartment 1 is currently available, and owner is keeping it open for a month or two to sell the fourplex in case the new owner wants to live on site. Good income opportunity by either renting out all 4 units for optimal profit or live in one yourself and bring in some income from the remaining 3. All units have the same floor plan with spacious kitchen, dining, and living room up, and 2 large bedrooms and 1 bath in the garden level basement. Apartment #4 features a bonus sun room area up and extra generous bedroom down. Each unit hosts its own laundry hook-ups. Units #1-3 each have access to 1 garage stall each, while Unit #4 gets 2 garage stalls. New roof, newer aluminum siding, low-maintenance Trex decking, and underground sprinkler system. Some new appliances and paint. Rents are currently below market, as the tenants have been there so long, and #1 would be rented for $1,100. Renters pay their own electric, and 3 are still on separate water meters. Across from Butler Park, very near the library, and all the small town amenities of this charming Southern Black Hills town! Come take a look! :) 90237 MLS CHARMING 4-PLEX in EXCELLENT LOCATION across from BUTLER PARK in the great town of Hot Springs. 100% occupancy for forever, with 3 units having same tenants 8 years or longer. Apartment 1 is currently available, and owner is keeping it open for a month or two to sell the fourplex in case the new owner wants to live on site. Good income opportunity by either renting out all 4 units for optimal profit or live in one yourself and bring in some income from the remaining 3. All units have the same floor plan with spacious kitchen, dining, and living room up, and 2 large bedrooms and 1 bath in the garden level basement. Apartment #4 features a bonus sun room area up and extra generous bedroom down. Each unit hosts its own laundry hook-ups. Units #1-3 each have access to 1 garage stall each, while Unit #4 gets 2 garage stalls. New roof, newer aluminum siding, low-maintenance Trex decking, and underground sprinkler system. Some new appliances and paint. Rents are currently below market, as the tenants have been there so long, and #1 would be rented for $1,100. Renters pay their own electric, and 3 are still on separate water meters. Across from Butler Park, very near the library, and all the small town amenities of this charming Southern Black Hills town! Come take a look! :) 438 S 14th Street, Hot Springs
$997,500 10.96-acre industrial property located just minutes north of Hot Springs offering a rare combination of usable acreage, large square footage, and flexibility for owner-users, contractors, or investors. The property includes three interconnected buildings totaling approximately 26,538 square feet, featuring a 15,000 SF warehouse with two overhead doors, restrooms, LED lighting, and copper air lines, an 8,000 SF shop building with loading dock access, and a 3,500 SF office building with multiple offices, conference room, kitchen/break area, and restrooms. Equipped with 1,200-amp 3-phase power and dual electrical buses, this property is well-suited for manufacturing, fabrication, storage, or distribution. The nearly 11-acre site provides ample yard space for equipment, vehicles, storage, or future expansion with convenient access off Highway 385. The layout allows for multiple tenants or business divisions, creating strong potential for income generation. Existing office space also offers potential for conversion to on-site living quarters for a live/work setup. Improvements are functional and built for utility, with core infrastructure already in place, allowing a new owner to update aesthetics over time while utilizing the property immediately. Seller financing and lease options are available. Call Joel Hawkins at 605-891-1869 for details. Listing agent has a financial interest in the property. 177788 MLS 10.96-acre industrial property located just minutes north of Hot Springs offering a rare combination of usable acreage, large square footage, and flexibility for owner-users, contractors, or investors. The property includes three interconnected buildings totaling approximately 26,538 square feet, featuring a 15,000 SF warehouse with two overhead doors, restrooms, LED lighting, and copper air lines, an 8,000 SF shop building with loading dock access, and a 3,500 SF office building with multiple offices, conference room, kitchen/break area, and restrooms. Equipped with 1,200-amp 3-phase power and dual electrical buses, this property is well-suited for manufacturing, fabrication, storage, or distribution. The nearly 11-acre site provides ample yard space for equipment, vehicles, storage, or future expansion with convenient access off Highway 385. The layout allows for multiple tenants or business divisions, creating strong potential for income generation. Existing office space also offers potential for conversion to on-site living quarters for a live/work setup. Improvements are functional and built for utility, with core infrastructure already in place, allowing a new owner to update aesthetics over time while utilizing the property immediately. Seller financing and lease options are available. Call Joel Hawkins at 605-891-1869 for details. Listing agent has a financial interest in the property. 27024 Hwy 385, Hot Springs
$689,900 15,000-square-foot steel warehouse space with new LED lighting throughout. Two restrooms. Duro-Last Roof. 1,200/amp 3-phase power service with two electrical buses for easy power distribution. Copper airlines throughout. 1.26 acres provide plenty of on-site parking. 3 man doors and two overhead doors on openers. The north overhead door measures 15'W x 12'H, and the East overhead door measures 19'W x 14'H. Ceiling height is 13' on the west to 15'8" one the east, under the red iron beams. Water service by private well. Excellent location for manufacturing, distribution, light industrial, warehouse, or storage. 7 minutes from Hot Springs. Priced at just $45.94/SF! Seller financing possible. 176609 MLS 15,000-square-foot steel warehouse space with new LED lighting throughout. Two restrooms. Duro-Last Roof. 1,200/amp 3-phase power service with two electrical buses for easy power distribution. Copper airlines throughout. 1.26 acres provide plenty of on-site parking. 3 man doors and two overhead doors on openers. The north overhead door measures 15'W x 12'H, and the East overhead door measures 19'W x 14'H. Ceiling height is 13' on the west to 15'8" one the east, under the red iron beams. Water service by private well. Excellent location for manufacturing, distribution, light industrial, warehouse, or storage. 7 minutes from Hot Springs. Priced at just $45.94/SF! Seller financing possible. 27024 Hwy 385, Hot Springs
$450,000 This spacious 2.74-acre property located in Hot Springs, SD offers a unique opportunity with a combination of a warehouse and a manufactured home. (currently rented) The property features a well-maintained warehouse with 6180 sq ft, perfect for storage, business operations, or various commercial uses. The mobile home provides a comfortable living space with a cozy layout, ideal for on-site living or rental income. The expansive acreage offers plenty of room for expansion, outdoor activities, or potential development. With its prime location in Hot Springs, this property blends functionality and convenience, making it a great investment in a growing area. Property brings in rental money from home and signage due to corner lot visibility. Built in 1956 this location has been used for a warehouse trucking site and other businesses during it's tenure. Bring your commercial or investing ideas and create your future dreams in to an amazing possibility in the beautiful Southern Black Hills! 172969 MLS This spacious 2.74-acre property located in Hot Springs, SD offers a unique opportunity with a combination of a warehouse and a manufactured home. (currently rented) The property features a well-maintained warehouse with 6180 sq ft, perfect for storage, business operations, or various commercial uses. The mobile home provides a comfortable living space with a cozy layout, ideal for on-site living or rental income. The expansive acreage offers plenty of room for expansion, outdoor activities, or potential development. With its prime location in Hot Springs, this property blends functionality and convenience, making it a great investment in a growing area. Property brings in rental money from home and signage due to corner lot visibility. Built in 1956 this location has been used for a warehouse trucking site and other businesses during it's tenure. Bring your commercial or investing ideas and create your future dreams in to an amazing possibility in the beautiful Southern Black Hills! 12932 Badger Clark Rd, Hot Springs