Listing provided courtesy of ENGEL & VOELKERS BLACK HILLS - SPEARFISH- MLS# 179734MLS Provider

714 N 5TH STSpearfish, SD 57783

Commercial
$299,000 ACTIVE

714 N 5TH ST Overview

Time on Site:
34 hours
Visits:
0

Listed by Jenni Sneesby - Engel & Völkers Black Hills - 605-645-1181. Prime downtown Spearfish commercial opportunity - priced to sell as-is.Here's your chance to get into a high-visibility commercial property in the heart of downtown Spearfish at a price that leaves plenty of room towork with. Located at 714 N 5th Street, this spacious building sits just steps from the main commercial corridor with excellent street presenceand strong foot traffic. The building features a large multi-room layout with numerous individual offices or flex spaces, a reception/lobby area,restrooms, and additional storage - all spread across a substantial footprint with endless possibilities for the right buyer. Whether your vision is afull renovation to bring it back to life as office, retail, or service space, or a clean-slate redevelopment of a prime downtown lot, the opportunity ishere. Priced at $299,000 and sold as-is, this property is an open canvas. Opportunity like this in downtown Spearfish doesn't come along often at this price point.

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714 N 5TH ST Facts & Features

  • Type Commercial

Details

General

Business Information

  • Current Use: Flex,Office,Restaurant,Retail

Location/Region

  • County Or Parish: Lawrence
  • MLS Area Major: Spearfish

General Information

  • Property Sub Type: Retail
  • Property Type: Commercial

Interior

General Information

  • Cooling: Central
  • Flooring: Carpet
  • Foundation Details: Crawl Space
  • Heating: Natural Gas

Exterior

Parking Information

  • Parking Features: On-Street

Waterfront/View

  • View: City

Building Exterior/Construction

  • Roof: Composition

General Information

  • Road Frontage Type: City/County

714 N 5TH ST Neighborhood

Community

57783 (Spearfish) Demographics

40
Median Age
68
Population Density (per sq. mile)
49%
College Educated
$55,560
Estimated Median Income
4,245
Estimated Total Home Owners
2,718
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

714 N 5TH ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

714 N 5TH ST Market Data

Based on the last 30 days in this zip code

$889,569
Average List Price
$549
Average Price per Square Foot
21
Properties Sold
95
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network