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    OFF-MARKET
    Office buildings

    314 Walnut St, Yankton, SD 57078-4374

    4,713 SF 0.17 ac lot Built 1947
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US79-0572966
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1947
    Total area 4,713 SF
    Lot 0.17 ac (7,405 SF)
    APN 78.790.026.050
    UPID US79-0572966
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Lawrence M. Leon, MD Physician Medical Clinic
    • First Dakota Title - Yankton Title Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    First Dakota Title Limited Partners · 9 yrs held
    First Dakota Title Limited Partners
    since 2017
    3 recorded transactions
    2017
    2017
    2005
    $171,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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