$175,000

515 Main St Webster, SD 57274

Estimated payment $971/month

Total Views 7,327
3 Beds
3 Baths
4,500 Sq Ft
$39 Price per Sq Ft

Highlights

  • Wood Flooring
  • Webster Area High School Rated 9+
  • No HOA

About This Home

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 The old outdated furnace was removed, needs a new furnace/AC installed.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.

Listing Agent

Rene Meyer

eXp Realty Listed on: 04/13/2025

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $626

Year Built

  • Built in 1920

Lot Details

  • 3,550 Sq Ft Lot
  • Lot Dimensions are 25' x 142'

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,500 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

  • Webster Area Elementary Webster Area 18-5
  • Webster Middle School
  • Webster High School

Additional Features

  • City Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Other Outside Jurisdiction Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$626

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Cross Street: E 6TH AVE AND MAIN STREET
  • Year Built: 1920
  • Elementary School: Webster Area Elementary Webster Area 18-5
  • High School: Webster HS
  • Property Type: Residential
  • Lot Features: City Lot
  • LotSizeAcres: 0.0815
  • Lot Size: 25' X 142'
  • Road Surface Type: Concrete, Curb and Gutter
  • Has HOA?: No
  • Co List Office Mls Id: 761522171
  • Subdivision Name: Other - Outside Jurisdiction
  • Directions: ITS JUST SOUTH OF E 6TH AVE ON MAIN STREET, YOU CAN TAKE HWY 12 OR HWY 25 INTO TOWN, IT IS ON HWY 25
  • Above Grade Finished Sq Ft: 2250.0
  • Architectural Style: Multi Level
  • Living Area: 4500.0
  • Special Features: None

Interior Features

  • Interior Amenities: Other
  • Appliances: Other
  • Basement: Full
  • Half Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2250.0
  • Flooring: Carpet, Concrete, Wood
  • Main Level Bedrooms: 3
  • Total Bedrooms: 13

Exterior Features

  • Roof: Tar/Gravel
  • Construction Type: Brick, Metal
  • Foundation Details: Poured

Utilities

  • Cooling: None
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Webster
  • Middle Or Junior School: Webster MS

Lot Info

  • Lot Size Sq Ft: 3550.0

Tax Info

  • Tax Annual Amount: 626.14

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $552 $40,146 $4,129 $36,017
2024 $552 $39,607 $3,590 $36,017
2023 $552 $30,337 $2,750 $27,587
2022 $386 $30,337 $2,750 $27,587
2021 $386 $27,579 $2,500 $25,079
2020 $386 $27,579 $2,500 $25,079
2019 $386 $27,579 $2,500 $25,079
2016 -- $17,846 $0 $17,846
2014 -- $17,846 $0 $17,846
2013 -- $17,556 $0 $17,556
2012 -- $17,556 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 For Sale $175,000 -- $39 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22507492

REALTOR® Association of the Sioux Empire

APN: 78.01.0905