1012 Princeton St - Office FOR SALE


Vermillion, SD 57069
$3,250,000 USD
605-579-0189
1012 Princeton St, Vermillion, SD for Sale
$3,250,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

1012 Princeton St
Vermillion, SD 57069


HIGHLIGHTS

  • Large, beautifully-finished office building
  • Convenient access to SD Highway 50, SD Highway 19, and Interstate 29

OVERVIEW

Exceptional 28,948 SF Class A office building in Vermillion, SD offered at $3,250,000 ($112 per SF) on 3.70 acres with ample surface parking. This beautifully furnished property presents dual opportunity as owner-occupant headquarters or value-add investment. Current tenant Grifols Biomat USA occupies 13,860 SF under lease providing immediate income, while 15,088 SF of vacant, turnkey space is available for owner-occupancy or additional leasing upside. Vacant suite features impressive amenities including reception area, four conference rooms, training room accommodating 36 people, seven private offices, and expansive open area configured for workstations and cubicles. Additional spaces include multiple meeting rooms, full-service kitchen, break room with outdoor patio, utility room, and sitting area creating a complete corporate environment. Located along Princeton Street in Vermillion, home to University of South Dakota and recognized as Best Small Town Art Scene by USA Today. The property benefits from convenient access to SD Highway 50, SD Highway 19, and Interstate 29, positioning tenants within easy reach of Sioux Falls, Sioux City, and regional markets. Ideal for corporate users seeking turnkey headquarters, medical groups, professional services firms, or investors targeting stable income with expansion potential. Contact listing brokers for tenant lease details and property tour.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.7 AC

LAND SF

161,172 SF

ZONING

-

APN/PARCEL ID

15295-00700-030-00

ASK ABOUT THIS PROPERTY

Bradyn NeisesBender Commercial Real Estate ServicesMore Info
605-579-0189

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Bradyn NeisesBender Commercial Real Estate ServicesMore Info
605-579-0189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.