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515 Main St, 
Webster, SD 57274

$175,000


3

Beds


3

Baths


4,500

Sq Ft


Single Family

Active

Listed by

Rene Meyer

eXp Realty

rene.meyer@exprealty.com

Last updated:

December 28, 2025, 11:31 AM

MLS#

22507492

Source:

SD RASE

About This Home

515 Main St

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 The old outdated furnace was removed, needs a new furnace/AC installed.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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1920

Price Summary

175,000

$38 per Sq. Ft.

MLS #:

22507492

Last Updated:

December 28, 2025, 11:31 AM

Added:

8 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

4,500 Sq. Ft.


Structure

Structure

Building Area:

6,750 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

3,550


Finances & Disclosures

Finances

Price:

$175,000

Price per Sq. Ft:

$38 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.