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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

  • Commercial Sale
  • Business
  • Built in 2017
  • 74 days on Market

  • Year Built
    2017
  • Construction Materials
    Frame
  • Parking Features
    Paved
  • Flooring
    Laminate, Vinyl, Carpet
  • Security Features
    Smoke Detector(s)
  • Cooling
    Central Air
  • Heating
    Propane, Central

  • Utilities
    Water Available, Sewer Connected

  • County
    Roberts
  • City
    Summit
  • Neighborhood
    No Subdivision
  • Zip Code
    57266

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Frequently Asked Questions

How do I schedule a tour of 203 Walnut St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 203 Walnut St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 203 Walnut St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $500. We can talk through recent upgrades, potential seller motivation, how this business compares to others in Summit, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 203 Walnut St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 203 Walnut St at around $3. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 203 Walnut St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Roberts County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 203 Walnut St?

In most cases, yes. Whether 203 Walnut St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Summit's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 203 Walnut St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Summit and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

203 Walnut St was listed on August 31, 2026, which means it's been on the market for 74 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2017, making it approximately 9 years old.

Is 203 Walnut St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of REALTOR® Association of the Sioux Empire, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2026 REALTOR® Association of the Sioux Empire, Inc. All rights reserved.

Last Updated: November 13, 2026 at 02:01AM | Source: REALTOR Association of the Sioux Empire | MLS#: 22606712