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 The old outdated furnace was removed, needs a new furnace/AC installed.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.
For sale
Price cut: $10K (1/16)
$165,000
515 Main St, Webster, SD 57274
3beds
4,500sqft
Est.:
Single Family Residence
Built in 1920
3,550.14 Square Feet Lot
$-- Zestimate®
$37/sqft
$-- HOA
What's special
Hard wood floorsFront vandalized window
- 139 days |
- 365 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Rene D Meyer,
eXp Realty
Source: Realtor Association of the Sioux Empire,MLS#: 22507492
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 1/2 bathrooms: 3
- Main level bedrooms: 3
Heating
- Natural Gas, Other
Cooling
- None
Appliances
- Included: Other
Features
- Other
- Flooring: Carpet, Concrete, Wood
- Basement: Full
Interior area
- Total structure area: 6,750
- Total interior livable area: 4,500 sqft
- Finished area above ground: 2,250
- Finished area below ground: 2,250
Property
Features
- Levels: Multi/Split
Lot
- Size: 3,550.14 Square Feet
- Dimensions: 25' X 142'
- Features: City Lot
Details
- Parcel number: 78.01.0905
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi Level
- Property subtype: Single Family Residence
Materials
- Brick, Metal
- Roof: Tar/Gravel
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Other - Outside Jurisdiction
HOA
- Has HOA: No
Location
- Region: Webster
Financial & listing details
- Price per square foot: $37/sqft
- Annual tax amount: $626
- Date on market: 10/1/2025
- Road surface type: Concrete, Curb and Gutter
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Price change | $165,000-5.7%$37/sqft |
Source: | ||
| 10/1/2025 | Listed for sale | $175,000$39/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$993/mo
Principal & interest
$851
Property taxes
$142
Climate risks
Neighborhood: 57274
Nearby schools
GreatSchools rating
- 6/10Webster Area Elementary - 03Grades: PK-5Distance: 0.2 mi
- 6/10Webster Area Middle School - 02Grades: 6-8Distance: 0.2 mi
- 9/10Webster Area High School - 01Grades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Webster Area Elementary Webster Area 18-5
- Middle: Webster MS
- High: Webster HS
- District: Webster
Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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