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Downtown Storefront Retail Space
For Sale
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309 S Main Street, Aberdeen, SD 57401

COMMERCIAL - Aberdeen, SD

Property Size3,438 SF
Price / SF$0.00
Days on Market341

Property Features for 309 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 3,438 SF

Taxes and HOA fees

Tax Annual Amount 3144

Building Details

Year built 1888
Listing Agency: Dakota Plains Real Estate & Development
Listed By: Robin (Rob) K Johnson · License #15391
Added: Aug 27, 2025 Changed: Jun 3 Last Checked: Aug 2 at 1:06AM
MLS# 25-624

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.

This downtown storefront offering is listed as raw space, providing a flexible base for a retailer or service user to finish to suit. The property totals 3,438 square feet and is presented for sale with a three-year minimum lease requirement. Public remarks indicate many upgrade improvements are already in place, and the leasing framework references potential for additional tenant improvements, with up to $90,000 in tenant improvements discussed for a five-year lease scenario.

The asset is located on S Main Street in Aberdeen, South Dakota, within the central business core. The listing notes that the downtown area is undergoing redevelopment and “transformational” changes, and the property is positioned as a Main Street location. Access and showings are limited to business hours only, weekdays, with four hours’ notice requested.

For tenants, this configuration can be workable when you want to start from a raw retail shell while leveraging existing upgrades. For investors or owner-operators, the offering is structured around a minimum lease term and includes a tenant-improvement pathway referenced in the marketing materials, which may be relevant when planning buildout timing and scope.

Key Highlights

  • Prime Central Business Core location on Main Street.
  • Opportunity to capitalize on Aberdeen's downtown renaissance.
  • Potential for $90,000 in Tenant Improvements with a five‑year lease.

Property Analytics

Current Use

Midwest Lodging Interior Design

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Cosmetic Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,473
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 30% Home Improvements & Furnishings 3% Beauty & Spa 1%
McDonald's Dining
23,164 visits/mo 0.4 miles
Scooter's Coffee Dining
8,503 visits/mo 0.4 miles
Family Dollar Shops & Services
5,596 visits/mo 0.5 miles
Wells Fargo Home Mortgage Shops & Services
3,318 visits/mo 0.2 miles
Mazatlan Mexican Restaurant Dining
2,814 visits/mo 0.0 miles

Demographics for 57401, SD

32,275
Population
15,016
Households
2.1
Avg Household Size
37
Median Age
35%
College-Educated
93%
High-School Grad
278.8 sq mi
ZIP Area
116
Density / Sq Mi
$68,183
Median Household Income
$40,562
Median Earnings
$787
Median Rent
$216,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Rustic Roots Florals 224 1st Ave SE #2, Aberdeen, SD 57401
  • Annette's Floral Boutique 122 N Main St, Aberdeen, SD 57401

Frequently Asked Questions

What type of property is this?
Storefront property - Ground-level retail shell with upgrade improvements and room for additional tenant improvements under a long-term lease.
Where is this storefront property located?
The property is located at 309 S Main Street Aberdeen, SD.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime Central Business Core location on Main Street.; Opportunity to capitalize on Aberdeen's downtown renaissance.; Potential for $90,000 in Tenant Improvements with a five‑year lease.
More about this property
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