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Mixed-Use Building with Retail Space
New
For Sale
$390,000

718 Walnut St, Yankton, SD 57078

A long-term local tenant occupies part of the property, with another suite available for occupancy or leasing.

Property Size6,342 SF
Days on Market2

Property Features for 718 Walnut St

General Information

Standard status Active
Size 6,342 SF
Property subtype Commercial

Additional Details

Corner Location No
Liquor License No

Taxes and HOA fees

Annual Taxes $1,740

Amenities

Office Comm, Retail Comm
Forced Air
27007
No
6342
Electric, Natural Gas
Metal
City
Combination, Wood
8

Building Details

Building Size 6,342 SF
Year Built 1920
Year Renovated 2025
Buildings 1
Tenancy Multi
Listed By: Tara Portillo
Source: Yanktonhomefinder.idxbroker
Added: Sep 26 Last Checked: Sep 26 at 3:26PM

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 Tara Portillo

Investment Insights

Based on property information with market context.

This mixed-use property combines retail and office space in a building constructed in 1920. Renovation work began in 2025. One suite is vacant and can be used by an owner or offered for lease; another space is occupied by an established local business under a long-term lease.

The property is in downtown Yankton, within the city limits. Its combination of occupied and available space provides distinct existing and potential uses within the same building.

Key Highlights

  • Retail and office uses in one building
  • Established local tenant under a long‑term lease
  • ±2,000 sq.ft. vacant suite available for owner‑use or lease‑up

Property Analytics

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Current Use

M&m Kidstuff & More Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Bakery HVAC Service Garden Center Parking Lot & Garage

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 57078, SD

20,104
Population
9,172
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
111.3 sq mi
ZIP Area
181
Density / Sq Mi
$72,395
Median Household Income
$41,181
Median Earnings
$777
Median Rent
$213,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A long-term local tenant occupies part of the property, with another suite available for occupancy or leasing.
Where is this mixed-use property located?
The property is located at 718 Walnut St Yankton, SD.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Retail and office uses in one building; Established local tenant under a long‑term lease; ±2,000 sq.ft. vacant suite available for owner‑use or lease‑up
More about this property
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