Online Commercial Real Estate Auction - Elkton SD

Online Commercial Real Estate Auction – Elkton SD

August 18, 2026 10:00 am

110 N Elk. St., Elkton SD

Bid Online!

Directions

Located North of Downtown at 110 N Elk St., Elkton SD

Auctioneer Notes

OPEN HOUSE: Monday, August 10th, 2026, from 4:00-5:30pm. BIDDING OPENS: Monday, August 17th, 2026 at 10:00 AM. BIDDING CLOSES: Tuesday, August 18th, 2026 at 10:00 AM . Here's your opportunity to own a versatile commercial property with shop & office space right on the main downtown street in Elkton, SD! The property has lots of usable space and has loads of potential with flexibility for a shop, warehouse storage, small business, offices, ag operations, or personal use. Opportunities like this don't come often. Located in Elkton, potential to drive a little and save a lot! This is an online-only auction, bid from anywhere! Registration and bidding available. Don’t miss this sale & no buyer’s premium!

Survey

Preliminary Title

Overview

This useful property has a brick office building with a large adjoining, finished shop all in one exciting property! The main floor consists of over 6,500 total sq. ft. featuring 2,760 sq. ft. of finished, heated shop space, 2,660 sq. ft. of office space, and around 1,000 sq. ft. of storage and loading space. The shop has a 14’ by 24’ overhead pwr. door, and the building is situated on a large corner lot with excellent loading and access on the front, side and back. The basement adds an additional 2,660 square feet with interior access and its own exterior loading ramp and overhead door. The building also has a bathroom, heat, ac, and is on city utilities. Whether you're looking for shop, office, or business use, or an investor looking for a well-located commercial building, this one is worth a look. Don’t miss the auction!

Description

110 N Elk Street, Elkton, SD 57026; Railroad Addn., Lot B, 29,185.2 SQ FT, City of Elkton, Brookings Co., SD

Terms

5% non-refundable earnest money deposit due day of sale, balance due on or before September 18th, 2026. Closing fees & title insurance split 50/50 between buyer & seller. 2026 Real estate taxes will be prorated to the date of closing. 2025 RE taxes were $1,498.90. Property is sold as is, where is, without warranties, guarantees, or contingencies of any kind, and sold subject to easements and restrictions, if any. Information contained herein and all statements made are believed accurate but not guaranteed. Successful high bidders will initiate purchase agreements and earnest money deposits following the sale. Possession granted at closing. Utility items and any items are the property transfer with the sale. Propane tanks are leased through CHS. The sale is sold subject to seller's approval and representatives of, and is sold subject to seller’s confirmation. Broker participation offered. Prospective buyers are encouraged to conduct all due diligence prior to bidding, and contact city or county representatives for questions on uses or practices. Announcements made or posted during the sale take presidency over previously posted materials or statements. The brokerage firm & auctioneers represent the seller in this transaction.

Owner

Jon Vaske Living Trust

Additional Information

Burlage Peterson Auctioneers & Realtors, LLC Land Brokers – Auctioneers – Realtors – Farm Managers office@burlagepeterson.com | 605-692-7102 Brookings – Watertown – De Smet | burlagepeterson.com