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    Gayville, SD Volin, SD Wakonda, SD Mission Hill, SD Burbank, SD Centerville, SD Yankton, SD Beresford, SD
    Downtown Office Building Opportunity
    Updated: Feb 20
    Downtown Office Building Opportunity

    11 E Main St, Vermillion, SD 57069

    $250,000
    Commercially zoned building in historic downtown Vermillion on Main Street
    2,850 SF main level plus 2,850 SF basement for a total of 5,700 SF
    Main floor features seven office spaces, conference area, two bathrooms, copier room, and two HVAC zones
    Main level has three exterior entrances; layout supports a single user or reconfiguration for multiple business suites
    Basement adds 2,850 SF with two separate entrances, including one with direct access to Main Street
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Vermillion, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Dakota Dunes Corporate Campus
    Dakota Dunes Corporate Campus

    800 Stevens Port Drive, Dakota Dunes, SD 57049

    $17,500,000
    216,618 sqft

    A 216,618 SF corporate campus on 47 acres.

    View details
    Hawarden Commercial Building For Sale
    Hawarden Commercial Building For Sale

    801 Central Ave, Hawarden, IA 51023

    $169,900
    6,460 sqft 0.22 AC lot

    Commercial building in excellent condition, formerly a bank, for sale.

    View details
    Three-Story Office Building
    Three-Story Office Building

    600 Stevens Port Dr, Dakota Dunes, SD 57049

    Contact for pricing
    32,388 sqft

    Three-story office building built in 1991 with recent roof and HVAC-related capital improvements.

    View details
    Office Building with Drive-Up Window
    Office Building with Drive-Up Window

    801 CENTRAL AVE, Hawarden, IA 51023

    $169,900
    0.22 AC lot

    Configured for office use with multiple private rooms, conference space, storage, and rear parking.

    View details

    Vermillion, SD Office Buildings Market Trends and Statistics

    Explore 1 office buildings for sale in Vermillion, SD on our real estate platform.

    Sale prices for office properties in Vermillion, SD average $250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +8.1%
    Median Household Income $54,720
    College Educated 74.3%

    High-Yield Neighborhoods for Investment

    Identify Vermillion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57069 $250K

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $33.49 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clay County

    New Delisted

    Total CRE Inventory on Market (SF)

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