613 Mulberry st - Specialty FOR SALE


Yankton, SD 57078
$600,000 USD
605-760-7214
613 Mulberry st, Yankton, SD for Sale
$600,000 USD
Specialty - FOR SALE
1/37
null | Request Cap Rate

613 Mulberry st
Yankton, SD 57078


HIGHLIGHTS

  • Rare 33,000+ SF redevelopment opportunity
  • Former elementary school with substantial infrastructure
  • Approximately 2.6 acre site
  • Ideal for senior living, housing conversion, or institutional use
  • Opportunity for visionary developer or investor
  • Growing demand for adaptive reuse and housing conversions

OVERVIEW

A rare large-scale redevelopment opportunity in Yankton, South Dakota. This 33,000+ square foot former elementary school sits on approximately 2.6 acres and presents an exceptional adaptive reuse opportunity for developers, investors, and operators seeking a large existing structure with substantial infrastructure already in place. Buildings of this scale rarely come available in markets like Yankton. The property offers significant square footage, multiple bathrooms, institutional construction, and the structural layout often sought after for residential conversion, senior living, workforce housing, education facilities, community services, or other innovative redevelopment concepts. The existing infrastructure from its prior use as a school provides a strong foundation for transformation. With expansive interior space and a solid building footprint, the property presents numerous possibilities for investors looking to capitalize on emerging sectors such as senior living, housing conversion, community services, or institutional reuse. Opportunities like this are increasingly difficult to find — large buildings with significant square footage, existing utility infrastructure, and flexible future potential. For developers and visionary investors, this property represents a rare chance to acquire a large-scale redevelopment asset with exceptional potential.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare 33K SF School Conversion Opportunity

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.64 AC

LAND SF

114,998 SF

ZONING

R4- Multi Family

APN/PARCEL ID

78.430.030.130,78.430.043.060

ASK ABOUT THIS PROPERTY

Kerry WoehlThe Move GroupMore Info
605-760-7214

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Kerry WoehlThe Move GroupMore Info
605-760-7214

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