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515 Main St Street

Webster, SD 57274
  • $175,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 22507492
UPDATED: 41 min ago
$175,000
  • 3
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 3
    1/2 BATHS
  • 4,500
    SQFT
  • $39
    $/SQFT
Type:
Single-Family Home
Built:
1920

School Information

Middle School:
High School:
School District:

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 The old outdated furnace was removed, needs a new furnace/AC installed.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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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. 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. Data last updated: 2025-12-16T16:18:42.91.
www.sellthe605.com/homes/168397087
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515 Main St Street Webster, SD 57274

  • Price: $175,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 41 min ago
  • MLS #: 22507492
3
Beds
0
Baths
3
½ Baths
0.08
Acres
4,500
SQFT
$39
$/SQFT
1920
Built
Neighborhood:
Other - Outside Jurisdiction
County:
Other (Out Of Jurisdiction)
Area:
Outside Mls Jurisdiction
Elementary School:
Webster Area Elementary Webster Area 18-5
Middle School:
Webster Ms
High School:
Webster Hs
School District:
Webster
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.
Exterior Features

Architectural Style Multi Level Construction Materials BrickMetal Foundation Details Poured Garage Amenities Extra PadRoom For Garage Lot Features City Lot Roof Tar/Gravel Style Sub Type None

Interior Features

Above Grade Finished Area 2250 Appliances Other Basement Full Below Grade Finished Area 2250 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Flooring CarpetWoodConcrete Interior Features Other Main Level Bedrooms 3 Rooms Total 13

Property Features

Additional Property Information None Association YN No Building Area Total 6750 Cross Street E 6TH AVE AND MAIN STREET Heating Natural GasOther Inside City Limits YN Yes Is Land Owned Or Leased YN Owned Lot Size Dimensions 25' X 142' Possession Close Of EscrowQuick Potential Short Sale No Property Sub Type1 Single Family Residence Reo Or Bank Owned No Road Surface Type ConcreteCurb and Gutter Sale Or Rent S Sewer Public Sewer Tax Annual Amount 626.14 Tax Legal Description DIST:78 CITY/MUNI/TWP WEBSTER CITY SUBD: WEB CITY LOT 5 BLK 9 ORIG Taxes Reflect Non-Owner Occupied Water Source Public

Realtor Association of the Sioux Empire logo Listing provided courtesy of Rene Meyer of eXp Realty: 605-988-6209. © 2025 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. 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. Data last updated: 2025-12-16T16:18:42.91.
 
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6225 S. Minnesota Ave
Sioux Falls SD, 57108