Commercial Building on 4+ Acres in Vermillion, SD--Absolute Auction
1410 East Cherry St, Vermillion, SD 57069Former Clay-Union Electric Facility. Offered in 2-Tracts and as a whole. Live Auction, onsite at the property. Clay-Union Electric Co-op--Owner
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Starting at $50,000.00

Starting at $50,000.00
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Anyone that wishes to bid online will have to be verified by the auction company prior to approval. Please note that we will offer tracts 1 & 2 Seperately and also as a combination. If you have questions on auction day, please feel free to call Ken at (605) 661-7073 or Mike at (605) 661-7167.
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High Bid:
$445,000.00

Sold
High Bid: $445,000.00
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Legal: Lot A SE 1/4 SW 1/4 NE 1/4 18-92-51, City of Vermillion, Clay County, SD. 2023 Taxes are $12,147.82. Tract 1 is a 2.43-acre corner lot with a 13,672 square foot building along with another 1,800 Square foot block building with 4-overhead doors. There is 4,451sq ft of office space with the balance into shop, warehouse and storage. Buildings are concrete block and steel frame with 100% electric heat & air conditioning. There is a Deutz Diesel powered backup generator included. Lots of office space, conference room, his/her bathrooms, reception area, vault & more. This is property is zoned as General Business District. This property has nearly 200 ft of frontage on Cherry Street on the East Side of Vermillion, SD. No Personal Property shown in any pictures is included with this sale
Sold
High Bid:
$300,000.00

Sold
High Bid: $300,000.00
More Details
Legal: Lot F & G in NE 1/4 SW 1/4 NE 1/4 18-92-51, City of Vermillion, Clay County, SD. 2023 Taxes are $2,769.34. Tract 2 is a large, fenced and secured yard with a 1,680 square foot Cleary, non-insulated shop building with 3 overhead doors. Lots of room to expand & grow; nearly 250 ft of frontage on N. Norbeck Street. This property is zoned General Industrial. No Personal Property shown in any pictures is included with this sale
No Bids
Starting at $50,000.00

Starting at $50,000.00
More Details
Opening bid will be a combination of tracts 1 & 2. If there is a raise as a combination, it will sell as a complete tract. However, we will give the high-bidders on Tracts 1 & 2 a chance to increase their bid. Will sell in whichever manner yields the sellers the best return
No Bids
Starting at $50,000.00

Starting at $50,000.00
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Closing costs & title insurance will be used with a 50/50 costs split between the buyer’s & seller. Clay County Title Co., Closing Agent. Taxes will be prorated to the day of closing. Auctioneers are acting as agents for the seller. This property is being sold as-is, where is with no guarantees or warrantees. Possession on closing. No Personal Property shown in any pictures is included with this sale
No Bids
Starting at $50,000.00

Starting at $50,000.00
More Details
A really and truly rare opportunity! Large Facility, lots of room for expansion & growth, great frontage, easy access to Highway 50 & more! All in a growing and expanding community! Once in a lifetime opportunity to expand your business, start your business, or move your business to Vermillion! To view the property, please contact Girard Auction or Chris Larson, General Manager at Clay Union (605) 480-3497