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.
Property Details
Price:
$850,000
MLS #:
89700
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
hotsprings
Listed Date:
Jul 28, 2026
Finished Sq Ft:
10,560
Lot Size:
43,995 sqft / 1.01 acres (approx)
Year Built:
1969
See this Listing
Schools
Interior
Exterior
CONSTRUCTION
Block, Brick
Financial
Map
Community
- Address646 Jennings Avenue 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
- 646 Jennings Avenue Hot Springs SD is a Commercial for sale in Hot Springs, SD, 57747. It is listed for $850,000
Similar Listings Nearby
© 2026 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.
Courtesy of Century 21 Stevens & Associates. 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.

646 Jennings Avenue
Hot Springs, SD

