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Multi-Unit Industrial Flex Building
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506 W Industrial Rd, Canton, SD 57013

Four flex units each feature a shop with an office, bathroom, and 12' x 14' garage door.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market72

Property Features for 506 W Industrial Rd

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype LAND
Occupancy 50%

Additional Details

Clear Height 16 ft

Building Details

Tenancy Multi
Listing Agency: Vantis Commercial
Listed By: Amy Ibis · License #12881
Source: Moodyscre
Added: Jun 1 Changed: Aug 8 Last Checked: Aug 10 at 9:57AM

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 Vantis Commercial

Investment Insights

Based on property information with market context.

This property is a single building configured as four separate industrial flex units. Each unit includes a 30' x 50' shop area with an 8' x 12' office and a 6' x 8' bathroom, along with storage above the office. Building features also include a 16' side wall height, 12' x 14' garage doors, a floor drain in the shop, and natural gas heat.

Two of the units are currently leased. Tenants are responsible for electricity and heat, and they pay a pro-rata share of water/sewer.

There is also an option to construct additional buildings on-site, with the potential to add up to 19,200 SF of space.

Key Highlights

  • 4‑unit flex building with each unit offering 30' x 50' shop space
  • Each unit includes an 8' x 12' office and 6' x 8' bathroom
  • 12' x 14' garage door per unit plus 16' side wall height

Property Analytics

Current Use

Innovation Storage Condos Storage Facility

Suggested Use

Top Pick Building Supply Cafe & Coffee Shop Daycare Center Pet Store Pet Store & 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

16 ft
Clear height
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57013, SD

4,482
Population
2,064
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
132.7 sq mi
ZIP Area
34
Density / Sq Mi
$77,813
Median Household Income
$43,553
Median Earnings
$704
Median Rent
$224,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Four flex units each feature a shop with an office, bathroom, and 12' x 14' garage door.
Where is this flex space located?
The property is located at 506 W Industrial Rd Canton, SD.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 4‑unit flex building with each unit offering 30' x 50' shop space; Each unit includes an 8' x 12' office and 6' x 8' bathroom; 12' x 14' garage door per unit plus 16' side wall height
(605) 359-4430 Call to check price and availability
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