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Flex & Warehouse Building with Offices

11 N Dakota Street Aberdeen, SD 57401

11 N Dakota Street, Aberdeen, SD, 57401
$661,500
For Sale
$661,500

COMMERCIAL - Aberdeen, SD

Property Size10,490 SF
Price / SF$63.06
Days on Market79

Property Features for 11 N Dakota Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
10,490 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
S 20' LT 4-8 & LT 9- 13 & W 253' OF N 11' OF S 31' LT 1-8 BK 56 HAGERTY & LLOYD ADD & V/A ADJ TO LT 4-13
Tax Annual Amount
5474

Building Details

Year built
1940
Listing agency Century 21 Northern Advantage
Listed by Ashton Davis · License #SD20519
Added: May 5 Updated: Jun 3 at 5:12PM Checked: Jul 22 at 6:06AM
MLS# 26-305

Copyright © 2026 Aberdeen Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Huff Construction presents BUILDING 1 for sale, with more than an acre of fenced property and a total building area of over 10,000 square feet. The building includes eight office spaces, a front reception area, and three bathrooms. In addition to the office component, the facility is set up with both cold storage space and climate-controlled space, providing room for mixed operational needs. The interior was refreshed with a remodel completed in 2012.

The property is located at 11 N Dakota Street in Aberdeen, South Dakota, in a high-traffic area. A fenced-off yard sits next to the train tracks, which may support logistics-focused operations. Signage is included with the building sale.

This configuration can fit businesses seeking dedicated office areas alongside temperature-controlled storage within the same structure. The on-site combination of offices, reception, and storage areas supports day-to-day administrative and operational functions in one location. Rental income is referenced as part of a package deal, and the offering is described as “buildings only.”

Key Highlights

  • Over 10,000 Sq. Ft Building on Over an Acre
  • Rental Income Included with Package Deal
  • Combination of Climate Controlled and Cold Storage Space (5,394 sq. ft / 4,212 sq. ft)

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.0k $3.24
− Vacancy $0 $0.00
EGI $34.0k $3.24
− OpEx −$5.1k −$0.49
NOI $28.9k $2.75
10,490 SF · lease $3.24/SF/yr · vacancy 0.00% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,410 @ 7.0% cap · market cap 14.27%
Second Best
Flex RnD
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,004 @ 7.0% cap · market cap 12.25%
Theoretical Best
Healthcare Medical
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,209 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Harms Heating & Cooling ... HVAC Service Huff Construction Construction Company Grote Sheet Metal Hardware & Home Improvement American National Insurance ... Insurance Agency

Suggested Use

Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Garden Center Veterinary Clinic (Bike/Boat/Book/etc) Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Aberdeen Catering Company 719 N Main St, Aberdeen, SD 57401
  • Canterbury Deli & Catering 412 S Main St, Aberdeen, SD 57401

FAQs

What type of property is this?
Flex space - Building 1 combines multiple office suites, reception, climate-controlled space, and cold storage plus a fenced yard by train tracks.
Where is this flex space located?
The property is located at 11 N Dakota Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $661,500.
What are key features of this property?
This property features: Over 10,000 Sq. Ft Building on Over an Acre; Rental Income Included with Package Deal; Combination of Climate Controlled and Cold Storage Space (5,394 sq. ft / 4,212 sq. ft)
Contact an agent
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