$850,000

646 Jennings Avenue, Hot Springs SD, 57747

Property typeCommercial

Overview

Active

Listed Jul 28, 2026

Updated 7 days ago

Incredible investment opportunity in the heart of Hot Springs! Formerly the Piggly Wiggly, this established multi-tenant business plaza offers over 10,000 sq. ft. on 1 acre in one of the city's most desirable commercial locations. Built in 1969, the property currently features approximately 26 rentable office and retail suites with a long history of occupancy, abundant on-site parking, and a flexible floor plan. One of the building's greatest assets is its solid masonry exterior construction. Many of the interior walls in the original structure are non-load-bearing, allowing future owners the opportunity to reconfigure the layout to meet a variety of business needs (does not apply to the south addition). The central location, directly across from the U.S. Post Office, provides excellent visibility and accessibility. Ideal for investors seeking an income-producing property or entrepreneurs envisioning a medical or professional office complex, coworking space, educational facility, wellness center, or other commercial venture. Rarely does a property of this size, location, and versatility become available in Hot Springs. Call today for additional information or to schedule your private tour.

Also listed on Mount Rushmore Area Association of REALTORS®

Listed by Resa Rutz with Century 21 Stevens & Associates
Listing Contact:

The IDX display contains information sourced from the Black Hills Association of REALTORS® as of 10/6/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/6/2026 at 4:47 AM UTC