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515 Main Street, Webster, SD 57274
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$175,000
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Home Details for 515 Main Street
Price
$175,000
Type
Single Family
Bedrooms
3
Total Bathrooms
3
Half Bathrooms
3
Year Build
1920
Sq. Ft.
4500
Lot Size
0.0815
County
Other (Out of Jurisdiction)
Total Rooms
13
Basement
Full
Tax
$626.14
MLS®️ Listing#
22507492
On exitrealty.com
102 days
Property Description
The best business opportunity i have seen, rated G for general commercial, which can be commercial, residential or both. Estimated value for the building used commercially totally fixed is around $525,000 and i estimate it needs at least 30k of work, but to modify it for a customized use to make it your own you may spend 100k, so you still have some built in equity, now every use is different but the numbers make financial sense. Now you can spend more depending on how much you customize, but numbers are in the buyers favor and you can make it what you wish.
It also has history, an olde world tartaria style brick downtown building, with hard wood floors underneath the carpet and remove the 1970s drop ceiling and elevate the space. Space in back for a deck/garage area, approx 3-4 parking spaces, enough room for an RV in back. At this point it is definitely a fixer but it can definitely be a show stopper with someone willing to put in some work. It was groseks tire shop, the mayors dad owned it for a time, It was a small Sears location with appliances in the basement, in the past. The reason for the ramps on the stairs. with 4500 sf of space between the first floor and basement. Much more room than it appears.
The front vandalized window needs replacing, the back wall of the building needs attention, has an issue where the wall and roof meet. See the plastic sheet in the back room and the back door needs replacing. The old outdated furnace was removed, needs a new furnace/AC installed. This building needs someone to love it and see its hidden beauty and history. We have removed most of the owners items so you can see your dream vision, business/use. Whether you need office space, retail business, restaurant/burgers, hair salon, capsule hotel, or what ever small business you have in mind. This is a great location for a business, with all the lakes around webster, many hunters and fishermen and campers end up in the area. Sold AS IS. Will consider any reasonable offers.
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- Heating Information
- Natural Gas
- Other
- Cooling Information
- None
- Water Features
- Public
- House Interior
- Other
- Basement
- Full
School Information
School Information for 515 Main Street
Elementary School
Webster Area Elementary Webster Area 18-5
Middle School
Webster MS
High School
Webster HS
Listing Courtesy: eXp Realty - 605-988-6209Presented by: Rene D Meyer
Last Updated: 2025-12-28 02:30:29
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Market statistics compiled from data from Realtor Association of the Sioux Empire.
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$175,000
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