Skip To Content

701 5th Street

Spearfish, SD 57785
  • $3,500,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 79224
$3,500,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1893
Area:

School Ratings & Info

Description

Contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. This Historic downtown space in the heart of Spearfish offers 2 lots and is currently ideal as a restaurant & lounge, but offers endless potential for your next commercial venture or business. As one of the favorites of downtown, this elegant space has been attractively restored with endless beautiful features & updates in 2000 including mechanical, electrical, plumbing, and Cat5 Internet wiring. The main floor is currently being used as a steakhouse and bar. The second story events center exudes style & has wonderful views of the downtown district, plus access to a custom roof-top deck showcasing the sunset over the surrounding Northern Hills. Upon completion of the renovations, the building received an Honor Award from the South Dakota State Historical Society. While entertaining, you will appreciate the full service kitchen with custom cherry cabinets and granite countertops, Subzero & Thermador appliances, Murano glass fixtures & lighting system, and fireplace with an oversized sandstone surround. The events center does have high-end bathroom fixtures, including 1 with a granite surround shower. The building has been customized for an elevator, but currently does not have an elevator in the shaft. Liquor License is not included in this price.

Monthly Payment Calculator



© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-04-03T23:44:43.677.
www.willdixonrealestate.com/homes/148094731
Print Image

701 5th Street Spearfish, SD 57785

  • Price: $3,500,000
  • Status: Active
  • On Site: 49 Days
  • MLS #: 79224
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1893
Built
Neighborhood:
Spearfish
Area:
Spearfish
Property Description
Contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. This Historic downtown space in the heart of Spearfish offers 2 lots and is currently ideal as a restaurant & lounge, but offers endless potential for your next commercial venture or business. As one of the favorites of downtown, this elegant space has been attractively restored with endless beautiful features & updates in 2000 including mechanical, electrical, plumbing, and Cat5 Internet wiring. The main floor is currently being used as a steakhouse and bar. The second story events center exudes style & has wonderful views of the downtown district, plus access to a custom roof-top deck showcasing the sunset over the surrounding Northern Hills. Upon completion of the renovations, the building received an Honor Award from the South Dakota State Historical Society. While entertaining, you will appreciate the full service kitchen with custom cherry cabinets and granite countertops, Subzero & Thermador appliances, Murano glass fixtures & lighting system, and fireplace with an oversized sandstone surround. The events center does have high-end bathroom fixtures, including 1 with a granite surround shower. The building has been customized for an elevator, but currently does not have an elevator in the shaft. Liquor License is not included in this price.
Exterior Features

Construction FrameBlockBrick Lot Description Corner Lot Lot Size 12632 SF Parking CommonOff-SiteParking LotStreet ParkingOther (See Remarks) Road Surface BlacktopConcrete

Interior Features

Approx Building Sq Ft 8242 Basement Substructure Block FoundationStone Foundation Cooling Refrig. C/Air Heating Natural GasForced Air

Property Features

Auction YN No Commercial Property Type CI Land w/Building Documents On File Lease Extras Hi-Traffic LocationHigh VisibilityKitchen AreaLounge/BarRestaurantRestroomsView Flood Plainy NU No For Sale Or Rent For Sale Number Of Building Levels 2 Occupant Long Term Tenant Possession NegotiableSubject to Tenant Short Sale No Special Assessment $80 Subdivision YN No Terms CashNew Loan Type Lot Other Utilities Sewer City (At Site) Will Divide No

[Mount Rushmore Area Association of Realtors] logoListing information © 2024 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Scot Munro of Great Peaks Realty: 605-717-7325.



© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-04-03T23:44:43.677.
 
https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_79224-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_79224-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_79224-2.jpg
Logo
Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702