This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springs’ vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy café and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. The sale includes real estate only' business operations, FF&'E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploration of the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
Property Details
Price:
$475,000
MLS #:
89045
Status:
Active
Baths:
0
Type:
Commercial
Subdivision:
Hot Springs City
Neighborhood:
hotsprings
Listed Date:
Jun 9, 2026
Finished Sq Ft:
3,936
Lot Size:
2,178 sqft / 0.05 acres (approx)
Year Built:
1915
See this Listing
Schools
Interior
COOLING
Mini Split
HEATING
Electric, Wood/Coal
Exterior
CONSTRUCTION
Block
EXTRAS
Hi- Traffic Location, High Visibility, Kitchen Area, Landscaped, Living Quarters, Restrooms, View
LOT DESCRIPTION
Interior Lot
PARKING
Street Parking
ROAD SURFACE
Blacktop
TOPOGRAPHY
Sloping
Financial
UTILITIES- SEWER
City ( At Site)
Map
Community
- Address509 N River Street Hot Springs SD
- NeighborhoodHot Springs
- SubdivisionHot Springs City
- 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
- Located in the Hot Springs City subdivision, 509 N River Street Hot Springs SD is a Commercial for sale in Hot Springs, SD, 57747. It is listed for $475,000
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© 2026 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.
Courtesy of RE/MAX Advantage. 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.

509 N River Street
Hot Springs, SD

