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    314 Walnut St Yankton, SD 57078

    Sponsored
    For Lease
    $13 SF/Yr ($5,223 /Mo)

    Prime Downtown Yankton Office Space Available

    Lot size:
    4,713 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office property, located at 314 Walnut Street in Yankton, South Dakota, 57078, offers a unique opportunity for businesses seeking flexible and stylish workspace. The building, constructed in 1947, boasts a total of 4,713 square feet and comprises three suites. Currently, 1,853 square feet of space is available for lease, divisible into units ranging from 451 to 1,402 contiguous square feet. The property sits on a 7,405 square foot lot, providing ample space and visibility. This location is ideal for businesses seeking a vibrant and convenient downtown setting. The property is situated in Yankton's Downtown Meridian District, offering easy access to a variety of amenities and businesses, including Lewis & Clark Ford, the Riverfront Event Center and Hotel, First Dakota National Bank, and Ben's Brewing Co. The property's classification as both Executive and Creative Office space caters to a diverse range of business needs, offering a blend of professional and inspiring work environments. The multiple tenancy option allows for flexibility in lease terms and space requirements. This is a rare opportunity to secure prime office space in a thriving downtown location. Inquire today to learn more about leasing options and availability.

    Property Features for 314 Walnut St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,713 SF
    Total Rate
    5223.58

    Building Details

    Year Built
    1947

    Unit(s) available at that property

    Space
    Suite 3
    Size
    451 SF
    Rate per SF
    $13
    Space
    Suite 2
    Size
    1,402 SF
    Rate per SF
    $15

    HighLights

    • Prime 4,713 SF office building in Yankton, SD's Downtown Meridian District.
    • 1,853 SF of divisible office space available for lease (451‑1,402 SF units).
    • Located on a 7,405 SF lot with excellent visibility and access to amenities.
    • Built in 1947, offering executive and creative office space options.
    • Multiple tenancy options available for flexible lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Lawrence M. ... Radiologist First Dakota Title ... Title Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yankton
    County
    Yankton
    State
    South Dakota
    Longitude
    -97.3933829
    Latitude
    42.8704578

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Office space - Prime Downtown Yankton Office Space Available
    Where is this office space located?
    The property is located at 314 Walnut St Yankton, SD.
    What is the lease rate?
    The lease rate is $13-$15 SF/Yr.
    What are key features of this property?
    This property features: Prime 4,713 SF office building in Yankton, SD's Downtown Meridian District.; 1,853 SF of divisible office space available for lease (451-1,402 SF units).; Located on a 7,405 SF lot with excellent visibility and access to amenities.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    314 Walnut St Yankton, SD 57078
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