604 Main Street, North Spearfish, SD

Retail for Sale - $4,200,000 - 63,000 Sq. Ft.


Agent Info

Richard Tysdal
CENTURY 21 Spearfish Realty

Property Info

CIMLS#1170963
Location
  604 Main Street
  North Spearfish SD 57783
UpdatedMay 14th, 2025
TypeRetail
Price$4,200,000
Building63,000 Sq. Ft.

Property Description

Historic Kelley Block – Premier Commercial Property in Downtown Spearfish

An unparalleled chance to own a cornerstone of Spearfish’s past and future. The iconic Kelley Block, located at 604-630 Main Street, is now available for purchase. This versatile historic property with retail, office, and residential space offers a diverse blend of income-generating spaces, making it an exceptional investment in one of South Dakota’s most vibrant downtown districts.

Property Highlights:

· Exceptional visibility and foot traffic in a thriving business district

Situated on Main Street in the heart of Spearfish. 63,000 SQFT Total Space – Approx. 43,000 SQFT above ground plus 20,000 SQFT of useable basement space . Diverse revenue-generating opportunities from retail, office, and residential spaces – Ø Retail storefronts at street level, occupied by established businesses.

Ø Historic Mathews Opera House & Arts Center , a cultural landmark and active arts venue.

Ø Dance studio, four office spaces, and five apartments on the second floor.

Ø Five residential units , including:

One spacious studio apartment. One beautifully renovated 2-bedroom, 2-bath loft with modern finishes. Three additional 2-bedroom apartments with scenic southern views. Parking & Additional Amenities – Includes an adjacent parking lot for residential tenants and a public restroom leased to the City of Spearfish . Zoning & Infrastructure – Central Commercial zoning , modernized HVAC, electrical, and plumbing systems. Investment Opportunity

A property that embodies the character, culture, and commerce of Spearfish. The Kelley Block has been an integral part of the area since its construction in 1900 and continues to thrive as a center for business, arts, and entertainment.

Asking Price: $5,000,000 For more details or to schedule a private showing, contact:

📞 Rick Tysdal – 605-641-1030 CENTURY 21 Spearfish Realty

📞 Jason Tysdal – 605-641-7260 CENTURY 21 Spearfish Realty

Don’t miss this once-in-a-lifetime opportunity to own an iconic landmark in downtown Spearfish!


Financials