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    309 S Main St Aberdeen, SD 57401

    For Sale
    Contact for pricing

    Commercial - Aberdeen, SD

    Property size:
    3,438 SF
    Days on Market:
    104
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 309 S Main St

    General Information

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

    Building Details

    Year built
    1888
    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 Aug 27, 2025

    MLS# 25-624 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

    Main Street Retail Space Available

    Located in the central business core on Main Street in Aberdeen, this 3438 square-foot retail space is available for sale. The property is situated in Aberdeen's downtown area, which is currently undergoing significant redevelopment. The space is offered as raw space with a three-year minimum lease. Upgrade improvements are already in place, and there is potential for an additional $90,000 in Tenant Improvements with a five-year lease. The listed price is $10.00 per square foot NNN, equating to $2865 per month plus expenses. Viewings require a four-hour notice and are available during business hours on weekdays. The property is located at 309 S Main Street, Aberdeen, SD 57401.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Midwest Lodging Interior Designer

    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
    -98.48765
    Latitude
    45.461701

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    FAQs

    What type of property is this?
    Retail space - 3438 SF retail space in Aberdeen's central business core.
    Where is this retail space located?
    The property is located at 309 S Main St Aberdeen, SD.
    What is the asking price?
    The asking price for this property is $10.
    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.
    (605) 225-1800
    Request Owner's contact information
    309 S Main St 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
    309 S Main St Aberdeen, SD 57401
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