Excellent investment opportunity in the heart of Hot Springs! This versatile Main Street property offers a modern, open layout ideal for retail, office, or studio use. The front space features an eye-catching storefront with great visibility and foot traffic, while the rear provides flexibility for a private office, workspace, or additional service area, along with a convenient kitchenette. The building was renovated in 2023 with a new bathroom and a shower. Outside entrance to a small utility basement for water heater and forced air furnace. In addition, a secondary 432 sq ft structure located off the alley offers outstanding potential. Partially gutted and ready for build-out, it’s a blank canvas for a workshop, storage, or expanded commercial space tailored to your needs. Electric is to the building but it is not hooked up. Some plumbing is also in place. With an owned propane tank and commercial zoning, this property is well-positioned for a variety of business opportunities. Located in a high traffic area of Hot Springs, this is a great chance to establish or expand your business presence with room to grow. Property is being sold as-is.
Property Details
Price:
$133,150
MLS #:
88325
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
hotsprings
Listed Date:
Apr 22, 2026
Finished Sq Ft:
691
Lot Size:
3,484 sqft / 0.08 acres (approx)
Year Built:
1975
See this Listing
Schools
Interior
BASEMENT/SUBSTRUCT
Partial Basement, Unfinished, Outside Entrance Only, Poured Concrete Found.
HEATING
Propane, Forced Air
Exterior
CONSTRUCTION
Frame
EXTRAS
Hi- Traffic Location, High Visibility, Kitchen Area
LOT DESCRIPTION
Interior Lot
PARKING
Common, Street Parking
Financial
Map
Community
- Address307 S Chicago Street Hot Springs SD
- NeighborhoodHot Springs
- CityHot Springs
- Zip Code57747
Subdivisions in Hot Springs
- Angostura Heights
- Angostura Highlands Subdivision
- Argyle Ridge Estates
- Back Nine
- Battle Mountain
- Boulder Falls
- Canyon Rim Ranch
- Cascade Springs Ranch
- Cascade Springs Subdivision
- Cedar Hills Subdivision
- Clearwater Lake Estates
- Cobblestone Mountain Estates
- Country Club SBH
- Country View
- Crosswind
- Davis
- Eagle Valley
- Grandview
- Green Valley Subdivision
- Hills Subdivision
- Hot Brook Estates
- Hot Springs City
- Lake View Acre Estates
- Lone Elk
- Lone Elk I
- Lone Elk II
- Long’s Lakeview Acres
- Minnekahta 2nd
- Nickel
- Pine Haven
- Pine Shadows
- Pirates Cove Subdivision
- Red Canyon
- Red Rock Ridge
- Sheps Canyon Estates
- Silverspur Ranchettes
- South Shore Beach Estates
- Stewart’s Second Addition
- Stewarts 1st
- Sulphur Springs
- Westwind Pines Subdivision
- Wind Cave Estates
Market Summary
Current real estate data for Commercial in Hot Springs as of Sep 12, 2026
15
Commercial Listed
209
Avg DOM
114
Avg $ / SqFt
$462,157
Avg List Price
Property Summary
- 307 S Chicago Street Hot Springs SD is a Commercial for sale in Hot Springs, SD, 57747. It is listed for $133,150
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Courtesy of Heartland Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.

307 S Chicago Street
Hot Springs, SD

