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Corner-Lot Casino Property
For Sale
$299,900

23 E Cherry Street, Vermillion, SD 57069

Commercial, Vermillion, SD

Property SizeContact for details
Lot Size0.44 Acres
Days on Market364

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
Listed By: Kris O'Connor
Added: Aug 22, 2025 Changed: Aug 20 Last Checked: Aug 20 at 4:06PM
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 is configured for bar and casino use on a corner lot. The building dates to 1955 and includes a metal roof, central air conditioning, and forced-air heating. The parcel measures 19,275 square feet, or 0.4425 acres, and is identified as commercially zoned.

Located at 23 E Cherry Street in Vermillion, the property sits 1 block from the USD campus and 3 blocks from Dakota Dome. The site previously operated as a gas station before its current bar and casino use, providing a commercial building with an established operating history.

Key Highlights

  • 19,275‑square‑foot corner lot
  • 0.4425‑acre commercial parcel
  • Current bar and casino use

Property Analytics

Current Use

Cherry Pit Stop Gas Station WILD COYOTE Gas Station ATM (Cherry Pit ... Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Big Box & Wholesale Store

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby
107k
Monthly Visits Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 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?
Casino - Commercially zoned bar and casino with 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; 0.4425‑acre commercial parcel; Current bar and casino use
More about this property
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