Property Listing No Longer Available for Sale

745 N. River Street, Hot Springs, SD

Bed Breakfast for Sale - $645,000 - 5,800 Sq. Ft.


Property Info

CIMLS#1074999
Location
  745 N. River Street
  Hot Springs SD 57747
UpdatedOctober 22nd, 2020
TypeBed Breakfast
Price$645,000
Building5,800 Sq. Ft.

Property Description

THE FLATIRON BUILDING WAS CREATED IN 1911, KNOWN AT THAT TIME AS THE GIBSON HOUSE HOTEL. TRULY, THE UNIQUE FLAT IRON SHAPE OF THE BUILDING, PROVIDES THE SANDSTONE "OMBIANCE" IN EACH UNIT....... FEATURING FIXTURES, PHOTOS, FURNITURE AND DECORE THAT SURROUNDS EACH VISITOR WITH THE HISTORY OF THE OLD WEST. THIS 2-STORY, 5,800 SF BUILDING HOSTS 9-UNIQUE RENTAL UNITS. PORCHES, DECKS AND PATIOS OVERLOOK HISTORIC HOT SPRINGS AND THE COZY, FENCED "COMMONS AREA" OF GRASSY GROUNDS FOR LARGER GATHERINGS, BANQUETS AND B-B-Q'S. UNITS ARE EASILY CONVERTED TO FULL TIME RENTALS, AS THE BASEMENT 550 S.F. UNIT WITH KITCHEN AND BATH HAS BEEN LEASED AS AN APARTMENT FOR THE PAST YEAR. ONSITE PARKING FOR SPECIAL GUESTS, WITH PLENTY OF QUIET STREET PARKING SURROUNDING THE FLAT IRON BUILDING............WITHIN A SHORT DRIVING RANGE TO THE MANY HOT SPRINGS AND BLACK HILLS DESTINATIONS.


Financials