1 E Main St | Vermillion, SD 57069
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1 E Main St
Vermillion, SD 57069
Red Steakhouse & Historic Apartment Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two parcels encompassing mixed uses: former Red Steakhouse, Ronan Room, three apartment units (currently income-producing), & two garage stalls
- Originally built in 1892
- Second oldest bank building in South Dakota and inspired by classical architecture
- Substantial renovations have completely gutted and remodeled the property since 2009
- First National Bank Building of Vermillion is on the National Historic Registry
PROPERTY FACTS
Property Type
Retail
Building Size
20,532 SF
Building Class
B
Year Built/Renovated
1892/2009
Building Height
2 Stories
Building FAR
1.97
Lot Size
0.24 AC
Zoning
Commercial - Commercial
Frontage
50’ on East Main Street
PROPERTY TAXES
| Parcel Number | 15530-02700-160-00 | Improvements Assessment | $459,690 |
| Land Assessment | $14,454 | Total Assessment | $474,144 |
PROPERTY TAXES
Parcel Number
15530-02700-160-00
Land Assessment
$14,454
Improvements Assessment
$459,690
Total Assessment
$474,144
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