Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2411 SE 6Th Ave Aberdeen, SD 57401

    View on Map
    Sponsored
    For Sale
    $2,999,900

    Commercial - Aberdeen, SD

    Property size:
    6,000 SF
    Days on Market:
    48
    Last Refresh:
    Mar 17 at 1:06 pm

    Property Features for 2411 SE 6Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    6,000 SF

    Building Details

    Year built
    2016
    Architectural style
    Other

    We can help!

    Listing Contact
    Melanie R Bobby

    Century 21 Northern Advantage (605) 225-7179

    Listing agent Melanie R Bobby (605) 225-7179 License #14771

    Listing date Jan 28, 2026

    MLS# 24-1 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Turnkey Restaurant in Prime Location

    This turnkey restaurant is situated in a building constructed in 2015. The establishment offers a blend of sophistication and comfort, featuring an inviting atmosphere and attention to detail in its decor and menu. The restaurant has been established with a focus on customer satisfaction, supported by a courteous and professional staff. The property is located in Aberdeen, SD. The property size is 6,000 square feet. The current business has a lease in place and they are not selling the business, lease is in place. Personal property is not to come with the sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Brown
    State
    South Dakota
    Longitude
    -98.45247
    Latitude
    45.459847

    Nearby Similar for Sale

    • $314,900
      6,190 SF

      Versatile Commercial Building on Main

      6,190 SF commercial building with high visibility and parking.
      24 N Main St, Aberdeen, SD 57401
      View Details
    • $1,000,000
      16,401 SF

      Furnished Office Building in Aberdeen

      Well-maintained, fully furnished office building in Aberdeen's downtown business core.
      115 SW 1St Ave, Aberdeen, SD 57401
      View Details
    • $515,000
      27,220 SF

      Aberdeen Flex-Use Industrial Space

      Large industrial space with offices, loading docks, and overhead doors.
      1 S 3Rd St, Aberdeen, SD 57401
      View Details
    • $315,000
      3,504 SF

      South Main Street Commercial Building

      Mixed-use building with retail space and income-producing apartment.
      1023 S Main St, Aberdeen, SD 57401
      View Details
    • $389,000
      4,970 SF

      Downtown Aberdeen Office Building

      Professional office building in downtown Aberdeen with leasing options.
      208 S Main St, Aberdeen, SD 57401
      View Details
    • $461,500
      4,000 SF

      Aberdeen Office Building For Sale

      4,000 SF office building with high-traffic frontage in Aberdeen.
      9 N Dakota St, Aberdeen, SD 57401
      View Details
    • Contact for pricing
      2,550 SF

      Office Space in Aberdeen, SD

      Office space for lease with utilities included and large parking.
      2816 Milwaukee Ave, Aberdeen, SD 57401
      View Details
    • $259,000
      5,700 SF

      Main Street Retail Opportunity

      Versatile retail property on Main Street in Aberdeen, South Dakota.
      220 N Main St, Aberdeen, SD 57401
      View Details
    • $979,000
      10,060 SF

      Aberdeen Commercial Shop with Parking

      Well-maintained 10,000 SF commercial shop with easy highway access.
      715 S State St, Aberdeen, SD 57401
      View Details
    • $375,000
      5,579 SF

      Downtown Aberdeen Commercial Building For Sale

      Former American Legion Club in downtown Aberdeen business core.
      421 S Lincoln St, Aberdeen, SD 57401
      View Details
    • Contact for pricing
      10,490 SF

      Aberdeen Office Building with Storage

      Office building with cold and climate-controlled storage and remodel.
      11 N Dakota St, Aberdeen, SD 57401
      View Details
    • $3,200,000
      6,196 SF

      Luxurious Office Property in Aberdeen

      Distinctive commercial office property with privacy and professional amenities.
      1911 NE 8Th Ave, Aberdeen, SD 57401
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant in a recently built building with sophisticated comfort.
    Where is this restaurant located?
    The property is located at 2411 SE 6Th Ave Aberdeen, SD.
    What is the asking price?
    The asking price for this property is $2,999,900.
    What are key features of this property?
    This property features: - Turn-key restaurant space, ready for immediate operation.; - Located in a recently constructed building (built in 2016).; - Designed with a focus on customer satisfaction.
    (605) 216-3130
    Request Owner's contact information
    2411 SE 6Th Ave Aberdeen, SD 57401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2411 SE 6Th Ave
    Aberdeen, SD 57401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2411 SE 6Th Ave Aberdeen, SD 57401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Melanie R Bobby
    Real Estate License ID: 14771
    (605) 216-3130 (605) 225-7179
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!