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604 Main Street

Spearfish, SD 57783
  • $5,000,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 74464
UPDATED: 64 min ago
$5,000,000
  • 0
    BEDS
  • .5 - 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
Area:

School Ratings & Info

Description

Its not often when the occasion arises to buy an iconic piece of history. It hardly ever happens when a well-producing commercial property comes up for sale. But it is even more rare when a once in a blue moon opportunity comes along that combines these two possibilities together. Fortunately for you, that has happened. Long-time Spearfish residents, the Kelley Family, have decided to sell the property currently called the Kelley Block in Spearfish, South Dakota. With a mixture of retail shops on the Main Street level, and a variety of uses on the second floor, which includes the historic Mathews Opera House, a large dance studio, four (4) office spaces, and five (5) apartments. One is a large studio apartment. The second is a totally refinished, beautiful loft apartment with two (2) bedrooms, two (2) bathrooms, large living area & dining area, kitchen, laundry. Three (3) more apartments, each are two (2) bedroom units that overlook to the south. There have been a variety of updates over the years that includes HVAC, electrical, and plumbing. The Kelley Block also includes the Public Restroom in the alley behind the building and is currently leased to the City of Spearfish. Also an additional parking lot that is used by the residential tenants. The total above ground square footage is approximately 43,000 square feet, with another 20,000 square feet of useable basement space, according to Lawrence County records.

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© 2022 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2022-11-26T19:44:43.85.
www.buyandsellblackhills.com/homes/134896699
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604 Main Street Spearfish, SD 57783

  • Price: $5,000,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 64 min ago
  • MLS #: 74464
0
Beds
0
Baths
0
½ Baths
.5 - 1
Acres
1900
Built
Neighborhood:
Spearfish
Area:
Spearfish
Property Description
Its not often when the occasion arises to buy an iconic piece of history. It hardly ever happens when a well-producing commercial property comes up for sale. But it is even more rare when a once in a blue moon opportunity comes along that combines these two possibilities together. Fortunately for you, that has happened. Long-time Spearfish residents, the Kelley Family, have decided to sell the property currently called the Kelley Block in Spearfish, South Dakota. With a mixture of retail shops on the Main Street level, and a variety of uses on the second floor, which includes the historic Mathews Opera House, a large dance studio, four (4) office spaces, and five (5) apartments. One is a large studio apartment. The second is a totally refinished, beautiful loft apartment with two (2) bedrooms, two (2) bathrooms, large living area & dining area, kitchen, laundry. Three (3) more apartments, each are two (2) bedroom units that overlook to the south. There have been a variety of updates over the years that includes HVAC, electrical, and plumbing. The Kelley Block also includes the Public Restroom in the alley behind the building and is currently leased to the City of Spearfish. Also an additional parking lot that is used by the residential tenants. The total above ground square footage is approximately 43,000 square feet, with another 20,000 square feet of useable basement space, according to Lawrence County records.
Exterior Features

Construction Block Parking Other (See Remarks)

Interior Features

Approx Building Sq Ft 63000 Basement Substructure Partial BasementPartial Finished Cooling Refrig. C/Air Heating Natural GasForced Air

Property Features

Auction YN No Commercial Property Type Ci Land W/Building Documents On File Financials For Sale Or Rent For Sale Number Of Building Levels 4 Occupant Long Term TenantShort TermVacant Possession Negotiable Short Sale No Subdivision YN No Type Lot Building Site

Listing information © 2022 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Rick Tysdal of Century 21 Spearfish Realty: 605-642-4607.



© 2022 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2022-11-26T19:44:43.85.
 
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Keller Williams Realty Black Hills
3025 1st Avenue, Suite #2
Spearfish SD, 57783