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    Vermillion, SD Office Spaces for Sale

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    Volin, SD Gayville, 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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Vermillion, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Commercial Property in Akron, Iowa
    Commercial Property in Akron, Iowa

    110 Reed St, Akron, IA 51001

    $192,500
    4,828 sqft

    Exceptional commercial property with retail and office space.

    View details
    Commercial Storefront with Offices
    Commercial Storefront with Offices

    110 Reed St, Akron, IA 51001

    $192,500
    0.20 AC lot

    Multiple work areas include a kitchen, bathrooms, alley entry, and rear parking.

    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
    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

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Main Street Visibility
    Commercial Land with Main Street Visibility

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    GB-zoned commercial parcel offering visibility from Main Street in Elk Point.

    View details

    Vermillion, SD Office Spaces Market Trends and Statistics

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

    Sale prices for office spaces 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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