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57069, SD Vermillion, 505 Stanford

$425,000

Price Decreased
  • MLS# 830292
  • Bedrooms N/A
  • Bathrooms N/A
  • Total Sq.ft 6,224
  • Property Type Commercial
  • Stories 1
  • Basement Yes
  • Year Built 1999

Property Description

Spacious 6,224 SF Commercial Facility with Parking – Sold As-Is 505 Stanford St in Vermillion offers a rare blend of size, functionality, and land. Situated on two parcels totaling 1.066 acres, this versatile commercial property offers 6,224 square feet of finished space across two levels (3,360 sf main + 2,864 sf lower), this building is designed for functionality and adaptability. Formerly operated as a daycare center. the property is ideally suited for early learning, professional office, medical/therapy, nonprofit, institutional or specialized reuse. Highlights include a large main level with multiple rooms, and a layout conducive to classrooms, offices, or collaborative work areas, finished open lower level. The property is priced with updates in mind, but the strong bones and functional design make this a rare chance to secure a large commercial footprint with excellent parking in Vermillion. Bring your vision and take advantage of this property’s size, accessibility, and adaptable design to create the ideal fit for your business or organization. To build a facility of this scale and parking new today would cost at least twice the price, making this a strong owner-user option or an attractive value-add investment with long-term upside. Discover an exceptional opportunity in Vermillion!

Legal: PARCEL ID: 15180-00000-130-03 LOT A OF LOT 13 COLLINS ADDITION AND PARCEL ID: 15180-00000-130-06 LOT B OF LOT 13 COLLINS ADDITION, CITY OF VERMILLION, COUNTY OF CLAY, SD
Active

Property Information

  • 830292
  • $425,000
  • 505 Stanford
  • Surrounding Areas/Other Areas
  • Vermillion
  • Clay
  • SD
  • Sale
  • Commercial
  • 1
  • Yes
  • 6224
  • 124
  • 1999
  • 57069
  • 269

LISTED BY

Maloney Real Estate, Lori Whitman (605.670.0829)

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Request Info For MLS #830292

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

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