Active

701 5th Street

Spearfish SD, 57785

$3,500,000


$424.65 per sqft

Active

8,242 sqft

Commercial

Built in 1893

Contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. This Historic downtown space in the heart of Spearfish offers 2 lots and is currently ideal as a restaurant & lounge, but offers endless potential for your next commercial venture or business. As one of the favorites of downtown, this elegant space has been attractively restored with endless beautiful features & updates in 2000 including mechanical, electrical, plumbing, and Cat5 Internet wiring. The main floor is currently being used as a steakhouse and bar. The second story events center exudes style & has wonderful views of the downtown district, plus access to a custom roof-top deck showcasing the sunset over the surrounding Northern Hills. Upon completion of the renovations, the building received an Honor Award from the South Dakota State Historical Society. While entertaining, you will appreciate the full service kitchen with custom cherry cabinets and granite countertops, Subzero & Thermador appliances, Murano glass fixtures & lighting system, and fireplace with an oversized sandstone surround. The events center does have high-end bathroom fixtures, including 1 with a granite surround shower. The building has been customized for an elevator, but currently does not have an elevator in the shaft. Liquor License is not included in this price.

79224

MLSⓇ ID

February 28, 2024

Listed

November 22, 2024

Updated

Map

701 5th Street
Spearfish SD, 57785

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.29 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Area Name

Spearfish


Garage

No


Parking

On Street


View

No


County

Lawrence


Pool

No

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