For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multi-Tenant Office Building Title is generated by Realmo AI

    121 Kidder Street, Vermillion, SD 57069

    View on Map
    Claim this Listing
    For Sale
    $720,000

    MULTI_FAMILY - Vermillion, SD

    Property size:
    10,800 SF
    Lot size:
    0.60 Acres
    Price / SF:
    $66/SF
    Added:
    Mar 2, 2026
    Days on Market:
    104
    Last Refresh:
    Jun 14 at 2:06 pm

    Property Features for 121 Kidder Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    comm
    Standard status
    Active
    APN
    155300290017000
    Size
    10,800 SF
    Lot size
    0.60 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lots 14,15,16 & 17 Blk 29 Original Town
    Tax Annual Amount
    8022

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1995
    Number of units
    2

    We can help!

    Listing Contact
    Kris O'Connor

    Listing agent Kris O'Connor

    Listing office Dakota Realty 125 E Cherry, Vermillion, SD

    Listing date Mar 2, 2026

    MLS# 831975 Listing URL

    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.

    HighLights

    • Commercial building in downtown Vermillion with 2 long‑term tenants and existing leases
    • USDA lease expires 5‑31‑2028; CCA lease is month‑to‑month (seller indicates waiting to extend to long term)
    • Roof replaced in 2022
    • Seller installing new flooring in the USDA portion of the building in May
    • Heating: forced air; cooling: central air
    • Owner‑paid expenses include utilities, cleaning ($400 monthly), snow, garbage, and rugs

    Overview

    This multi-tenant commercial office building totals 10,800 square feet on a 0.6-acre lot. The property has two long-term tenants under existing lease structures, with one lease tied to a USDA term and another currently month-to-month. The roof was replaced in 2022, and the seller is installing new flooring in the USDA portion of the building in May. Leases, along with income and expense reports, are available through the listing agent.

    The building is located at 121 Kidder Street in downtown Vermillion, South Dakota, in Clay County. The seller notes that the owner pays for utilities, cleaning ($400 monthly), snow, garbage, and rugs, which can help tenants and buyers understand ongoing operating responsibilities.

    For prospective buyers or operators, this property offers an office-focused configuration with two tenants in place and a clearly defined USDA lease expiration date of 5-31-2028. The second tenant’s CCA lease is month-to-month, and the seller indicates it is currently being evaluated for extension. With management materials included, the building may be well suited for a buyer looking for a commercial office asset with documented operating history and a mix of lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    US Rural Development Sustainability Organization Natural Resources Conservation Sustainability Organization Clay County Abstract ... Title Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vermillion
    County
    Clay
    State
    South Dakota
    Longitude
    -96.934906
    Latitude
    42.778427

    FAQs

    What type of property is this?
    Office units - Multi-tenant commercial office building with long-term leases and recent roof replacement, plus new flooring slated for installation.
    Where is this office units located?
    The property is located at 121 Kidder Street Vermillion, SD.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: Commercial building in downtown Vermillion with 2 long‑term tenants and existing leases; USDA lease expires 5‑31‑2028; CCA lease is month‑to‑month (seller indicates waiting to extend to long term); Roof replaced in 2022
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message