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Versatile Commercial Property For Sale
For Sale
$298,000

1325 E Cherry Street, Vermillion, SD 57069

Mixed-use commercial property suitable for retail, office, or industrial use.

Property Size1,800 SF
Lot Size0.36 Acres
Price / SF$165.56
Days on Market966

Property Features for 1325 E Cherry Street

General Information

Standard status Active
Size 1,800 SF
Lot size 0.36 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $3,119

Building Details

Year Built 1980
Listing Agency: Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Listed By: Stacey A Sieverding · License #19722
Source: Exitrealty
Added: Dec 19, 2023 Changed: Aug 8 Last Checked: Aug 11 at 6:18AM

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 Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

Investment Insights

Based on property information with market context.

This 1,800-square-foot commercial property is available for sale. The zoning is General Business, which allows for a variety of uses, including retail, office, industrial, motel, clinic, and car wash.

Key Highlights

  • General business zoning allows for diverse commercial ventures including retail, office, industrial, motel, clinic, and car wash.
  • Built in 1980, the property offers established infrastructure.
  • Suitable for various business ventures.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop HVAC Service

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

581
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use commercial property suitable for retail, office, or industrial use.
Where is this mixed-use property located?
The property is located at 1325 E Cherry Street Vermillion, SD.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: General business zoning allows for diverse commercial ventures including retail, office, industrial, motel, clinic, and car wash.; Built in 1980, the property offers established infrastructure.; Suitable for various business ventures.
More about this property
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