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For sale
  • Price cut: $10K (2/25)
    $155,000

    515 Main St, Webster, SD 57274

    3beds
    4,500sqft
    : 
    Single Family Residence
    Built in 1920
    3,550.14 Square Feet Lot
    $-- Zestimate®
    $34/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 The old outdated furnace was removed, needs a new furnace/AC installed.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.
    169 days
    |
    436
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 25, 2026 at 03:26pm

    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: $34/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
        2/25/2026Price change$155,000-6.1%$34/sqft
        Source: Realtor Association of the Sioux Empire #22507492 Report a problem
        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
        $932/mo
        Principal & interest
        $799
        Property taxes
        $133
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          Climate risks

          Neighborhood: 57274

          Getting around

          52 / 100
          Somewhat Walkable
          39 / 100
          Somewhat Bikeable

          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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