112 N Chicago St - Light Distribution FOR SALE


Hot Springs, SD 57747
$399,000 USD
605-863-0725
112 N Chicago St, Hot Springs, SD for Sale
$399,000 USD
Light Distribution - FOR SALE
1/28
null | Request Cap Rate

112 N Chicago St
Hot Springs, SD 57747


HIGHLIGHTS

  • Heavy daytime foot traffic
  • Currently fully leased

OVERVIEW

Nice Downtown Hot springs building with great long term tenant. Addiction Recovery Center rents this building. 2,700/month. Building is nicelyupdated in and out. New siding and roof. Nice back covered porch area. Come take a look! This building is 1900 square feet. This is ahistorical building that does NOT require any special approvals or held to any requirements. Sellers have rebuilt the front alley side of thebuilding from the ground up. Had the foundation professionally spray foam insulation. They insulated and re-sided the three sides of the building that are exposed, re-roofed the building, and had the air-conditioning unit on the roof refurbished and the support structure replaced. The inside of the building has been completely rebuilt and re-organized for the tenant. This building now has two bathrooms, one of which is ADA-compliant. They have added a kitchen to the building with a space for a lunchroom. They have also added a coffee nook with custom tile work, lighting, and power in the hallway. The front doorway has been rebuilt and replaced and is ADA-compliant. They have added a covered deck to the back of the building and a matching custom copper awning to the front. This building is turnkey and leased on a contract to a reliable and top-quality tenant. :)

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08

LAND SF

3,485

ZONING

-

APN/PARCEL ID

75410-00100-018-00

ASK ABOUT THIS PROPERTY

Faith LewisKeller Williams - Lewis RealtyMore Info
605-863-0725

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Faith LewisKeller Williams - Lewis RealtyMore Info
605-863-0725

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.