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Tyler Goff

REALTOR® - TEAM LEADER | Tyler Goff Group | Hegg, REALTORS Inc.

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203 Walnut St , Summit, SD 57266
$500
Est. Payment: $2.80/mo
Status: active - active | Days on site: 38
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Tyler Goff
REALTOR® - TEAM LEADER

House Description

The small South Dakota community of Summit is looking for the right person to bring child care back to town, and it's sweetening the deal with a below-market lease on a facility built specifically for the job. The Town of Summit owns a roughly 2,900-square-foot building at 203 Walnut Street that was purpose-built in 2017 to house a daycare. The space, which most recently operated as Sprouts Daycare, has sat empty for about a year. Town leaders are now offering it for lease to a qualified operator for $500 a month under a 12-month rental agreement, a rate they say is intentionally set low to attract someone willing to reopen it. The facility was licensed for up to 30 children and includes furnished classrooms and a fenced outdoor play area, ready for a new operator to move in. Local organizers estimate current demand in the immediate area at 8 to 12 children, but Summit's location (within 23 to 30 miles of Watertown, Webster, Sisseton and Milbank) gives an operator a much wider pool to draw from, since families across the region are known to search within a 30-mile radius for child care. An approved operator would need to hold a South Dakota daycare license, carry daycare liability insurance and pass a background check through the Town of Summit. A local nonprofit, Summit Area Economic Growth, has also identified a potential $1,000 start-up grant opportunity to help a new operator get established.

Highlights

Listed by Chad Theisen , 605-251-3368 Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls , 605-274-1034. REALTOR® Association of the Sioux Empire, Inc. mls logo

Property Type

Business Opportunity

Year Built

2017

County

Other (Out of Jurisdiction)

Neighborhood

No Subdivision

Listing ID

22606712

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Carpet,Vinyl,Laminate

Exterior Features

Zoning:Commercial
Roof:Composition
Principal Interest
$3
Taxes
$0

Home Price

$500

Loan Details

30 yrs
7.5%

Down Payment

20%
$100
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $2.80 $0.32 $0.00 $3.12
Yearly $33.56 $3.82 $0.00 $37.39
Total $1,006.87 $114.75 $0.00 $1,121.62

Today's Rates

30 Year

7.5%

20 Year

6.56%

15 Year

6.88%

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Market insight data is pulled from the same city as the listing being viewed (Summit, SD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR® Association of the Sioux Empire, Inc., and is deemed reliable but not guaranteed accurate. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

IDX service by Blueroof 360

Data last updated: 2026-10-09T01:59:50.000Z

© 2026 REALTOR® Association of the Sioux Empire, Inc.

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