Corner Casino and Bar
For Sale
$299,900
23 E Cherry Street, Vermillion, SD 57069
Commercial, Vermillion, SD
Property SizeContact for details
Lot Size0.44 Acres
Days on Market380
Property Features for 23 E Cherry Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Level Lot
Elementary school
Vermillion
Middle school
Vermillion
High school
Vermillion
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
157300870000003
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot B a part of Maudes & a part of blk 87 Addn to Snyders addition, city of Vermillion
Tax Annual Amount
5790
Legal Description
Lot B a part of Maudes & a part of blk 87 Addn to Snyders addition, city of Vermillion
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1955
Roof type
Metal
Listing Agency:
Dakota Realty
(605) 624-4474
Listed By:
Kris O'Connor
(605) 202-0608
Added: Aug 22, 2025
Changed: Sep 2
Last Checked: Sep 5 at 3:06PM
MLS# 829995
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property includes a building currently described for bar and casino use on a corner lot. The site contains 19,275 square feet, or 0.4425 acres, and carries commercial zoning. Built in 1955, the property has a metal roof, central air conditioning, and forced-air heating. Its prior use was as a gas station.
The property is located on Cherry Street in Vermillion, one block from the University of South Dakota campus and three blocks from the Dakota Dome. The corner setting and existing commercial improvements provide a defined base for continued bar and casino use, subject to applicable requirements.
The property is located on Cherry Street in Vermillion, one block from the University of South Dakota campus and three blocks from the Dakota Dome. The corner setting and existing commercial improvements provide a defined base for continued bar and casino use, subject to applicable requirements.
Key Highlights
- 19,275‑square‑foot corner lot comprising 0.4425 acres
- Existing bar and casino use; former gas station site
- Commercial zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
623
Businesses Nearby
107k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 41%
Dining 31%
Groceries 14%
Home Improvements & Furnishings 8%
Walmart
Superstores
43,767 visits/mo
0.4 miles
McDonald's
Dining
19,718 visits/mo
0.1 miles
Hy-Vee
Groceries
15,513 visits/mo
0.5 miles
Pizza Ranch
Dining
5,977 visits/mo
0.1 miles
Vermillion Ace Hardware
Home Improvements & Furnishings
5,710 visits/mo
0.1 miles
Demographics for 57069, SD
13,005
Population
5,307
Households
2.5
Avg Household Size
27
Median Age
50%
College-Educated
94%
High-School Grad
169.3 sq mi
ZIP Area
77
Density / Sq Mi
$54,720
Median Household Income
$20,652
Median Earnings
$731
Median Rent
$225,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Casino - Commercial corner property with casino and bar use, central air, and forced-air heating.
Where is this casino located?
The property is located at 23 E Cherry Street Vermillion, SD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 19,275‑square‑foot corner lot comprising 0.4425 acres; Existing bar and casino use; former gas station site; Commercial zoning
