112 N Chicago Street, Hot Springs, SD 57747

$424,000

Property Description

Nice Downtown Hot springs building with great long term tenant. Addiction Recovery Center rents this building. 2,700/month. Building is nicely updated in and out. New siding and roof. Nice back covered porch area. Come take a look! This building is 1900 square feet. This is a historical building that does NOT require any special approvals or held to any requirements. Sellers have rebuilt the front alley side of the building 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. :)

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Listing courtesy of Lewis Realty/Keller Williams Realty Black Hills.