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Investment Highlights

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

Executive Summary

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.

Attachments

Listing Sheet

Property Facts

Price $817,764 CAD
Price Per SF $24.46 CAD
Sale Type Investment
Property Type
Specialty
  • Specialty Schools
Lot Size 2.64 AC
Building Size 33,436 SF
No. Stories 2
Year Built 1950
Zoning R4- Multi Family - R4 Multi-Family Residential zoning allowing a variety of residential and institutional redevelopment possibilities.
Parcel Numbers
Multiple
  • 78.430.043.060
  • 78.430.030.130
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39748247

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: 613 Mulberry st, Yankton, SD 57078

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