Investment Opportunity in Canton, SD
Building Size
5,235 SF +/-
Parcel Size
0.29 Acres +/-
Sale Price
$699,000
Price / SF
$133.52 / SF
Location Highlights
Positioned along HWY-18/5th Street, Canton’s main thoroughfare. The Vault is surrounded by locally owned small-town businesses and adjacent to the Lincoln County Courthouse. This property sits at the town’s busiest intersection. With convenient access to regional routes, Canton is centrally located near Harrisburg, Lennox, and Inwood, IA.
Just 20 minutes from Sioux Falls, this investment combines small-town charm with proximity to big-city amenities.
Just 20 minutes from Sioux Falls, this investment combines small-town charm with proximity to big-city amenities.
Description
- Flexible options for an owner-investor or owner-occupant
- 2-story building with a lower level
- Current tenants include M.I. Nuts Bistro, a massage studio, travel agency, and tanning salon
- Main level common area lobby; common area restrooms on each floor
- Operating elevators
- 11 parking stalls
- Pylon and window sign opportunities
- RE Taxes: $10,008.26 (2024 Taxes Payable in 2025)
- Built in 1978
- Updated electrical and a modern heating and cooling system
- Contact Broker for rent roll and financials
Usage