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Downtown Office Building Opportunity
For Sale
$250,000

11 E Main St, Vermillion, SD 57069

Vacant office building with seven main-floor offices and additional basement space with two separate entrances.

Property SizeContact for details
Days on Market201

Property Features for 11 E Main St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,800
Listing Agency: Maloney Real Estate
Listed By: Lori Whitman
Source: Exprealty
Added: Feb 20 Changed: Sep 4 Last Checked: Sep 8 at 10:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maloney Real Estate

Investment Insights

Based on property information with market context.

This commercially zoned office building offers approximately 2,850 square feet on the main level and an additional approximately 2,850 square feet in the basement, providing flexibility for a single user or potential reconfiguration. The main floor includes seven office spaces, a conference area, two bathrooms, a copier room, two HVAC zones, and three exterior entrances.

The basement level adds substantial space and includes two separate entrances, including one with direct access to Main Street. This layout may support divided use, additional workspace, or storage depending on business needs and applicable permitted uses.

Located in historic downtown Vermillion along Main Street, the property is positioned for visibility and accessibility within an established commercial corridor. Buyers are encouraged to verify zoning and permitted uses with the City of Vermillion.

Key Highlights

  • Commercially zoned building in historic downtown Vermillion on Main Street
  • 2,850 SF main level plus 2,850 SF basement for a total of 5,700 SF
  • Main floor features seven office spaces, conference area, two bathrooms, copier room, and two HVAC zones

Property Analytics

Current Use

Main Street Pub Bar & Pub Dakota Lines Inc Trucking Company

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office HVAC Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Vacant office building with seven main-floor offices and additional basement space with two separate entrances.
Where is this office building located?
The property is located at 11 E Main St Vermillion, SD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Commercially zoned building in historic downtown Vermillion on Main Street; 2,850 SF main level plus 2,850 SF basement for a total of 5,700 SF; Main floor features seven office spaces, conference area, two bathrooms, copier room, and two HVAC zones
More about this property
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