Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 515 Main St in Webster, SD is listed for $155,000 ($34 per sqft). Built in 1920, the home offers 4,500 sqft of living space on a 0.08 acres lot.

Agent Description

The days on market are off because it adds in the time that we did the cleanout of the owners items, spent 6+ months cleaning everything out and cleaning up. Then i was hospitalized in April for a month so i could not devote the time to it that it deserves to advertise and market it properly.

Recently reduced the price so its more affordable. You wont find a property so versitile with so many possibilities. Call for a personal tour, as the pictures do not show the possiblities. Must see it for yourself. A great business opportunity. Rated G for general commercial, which can be commercial, residential or both.

Estimated value for the building used commercially totally fixed is around $350k to $525,000 and it needs work but dont let that scare you, lots of potential. Every use is different and the numbers make financial sense. It also has history, an olde world tartaria style brick downtown building, with hard wood floors underneath the carpet.

Remove the 1970s drop ceiling and bring back the 14' ceilings elevating the space. Space in back for a deck/garage area, approx 3-4 parking spaces, enough room for an RV in back. It needs work 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 commercial 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 The old outdated furnace was removed, needs a new furnace/AC installed.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. I would replace the back outer wall and put in windows and a glass garage door for freight and bring light into the space, modify it while its fixed and make it better, most of the walls do not go to the ceiling and have been added later so that means they are not load bearing and can come out.

You could split the space in half and lease out part and bring in extra income, or have half commercial in front and residential in back. The possibilities are endless 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 retail location for a business, with all the lakes around webster, many hunters and fishermen and campers end up in the area. Sold AS IS.

Key Features

  • Built in 1920
  • 0.08 acre lot

Property Details

1920

Monthly Cost Estimate

$829/mo

20% down · 6.5% · 30 years

Principal$112
Interest$672
Insurance$45

Estimates only. Actual payments may vary.

Location

515 Main St

Webster, SD 57274

No Subdivision

Property Details

Flooring

WoodCarpet

Construction

Frame Masonry

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 515 Main St is listed at $155,000 ($34/sqft). The estimated monthly payment is $672 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.08 acre lot.

This property is listed by Rene Meyer and can be reached at (605) 593-2763 or rene.meyer@exprealty.com.

RM

Rene Meyer

Agent at eXp Realty

(605) 593-2763

Listed by eXp Realty · View on Broker Site

MLS# 22507488· Source: listhub· Updated 414 days ago

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

515 Main St, Webster, SD 57274

Open this listing in: