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For sale
  • Price cut: $10K (1/16)
    $165,000

    515 Main St, Webster, SD 57274

    3beds
    4,500sqft
    : 
    Single Family Residence
    Built in 1920
    3,550.14 Square Feet Lot
    $-- Zestimate®
    $37/sqft
    $-- HOA

    What's special

    Hard wood floorsFront vandalized window
    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 The old outdated furnace was removed, needs a new furnace/AC installed.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.
    139 days
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    365
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rene D Meyer,

    eXp Realty

    Source: Realtor Association of the Sioux Empire,MLS#: 22507492MLS Logo

    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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    1/16/2026Price change$165,000-5.7%$37/sqft
    Source: Realtor Association of the Sioux Empire #22507492 Report a problem
    10/1/2025Listed for sale$175,000$39/sqft
    Source: Realtor Association of the Sioux Empire #22507492 Report a problem

    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
      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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