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    116 SW 3Rd Ave Aberdeen, SD 57401

    For Sale
    $495,000

    Commercial - Aberdeen, SD

    Property size:
    2,881 SF
    Days on Market:
    188
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 116 SW 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,881 SF

    Building Details

    Year built
    1972
    Architectural style
    Other

    Dakota Plains Real Estate & Development (605) 225-1800 [email protected]

    Listing agent Robin (Rob) K Johnson (605) 225-1800 License #15391

    Listing date Jun 9, 2025

    MLS# 25-355 Listing URL

    Copyright © 2025 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.

    Overview

    Aberdeen Commercial Building For Sale

    This 2,881 square foot standalone building is located in a highly visible, high-traffic area of Aberdeen, South Dakota, with a top 10 traffic count. Situated on a signalized corner in the downtown core, the property features multiple lane drive-thru access and multiple access points. The property is suitable for a professional office or retail setting. An ATM will remain in place. Showings require 24-hour notice for corporate approval and are available weekdays from 9 AM to 4 PM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Drive-Up ... Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Brown
    State
    South Dakota
    Longitude
    -98.489676
    Latitude
    45.4687593

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    FAQs

    What type of property is this?
    Retail space - 2,881 SF standalone building in high-traffic Aberdeen location.
    Where is this retail space located?
    The property is located at 116 SW 3Rd Ave Aberdeen, SD.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - High traffic location with top 10 traffic count in Aberdeen.; - Standalone building with multiple lane drive-thru.; - Multiple access points.
    (605) 225-1800
    Request Owner's contact information
    116 SW 3Rd Ave Aberdeen, SD 57401
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    Aberdeen, SD 57401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 SW 3Rd Ave Aberdeen, SD 57401
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