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    316 S 2Nd St Aberdeen, SD 57401

    For Sale
    $1,699,900

    Commercial - Aberdeen, SD

    Property size:
    25,100 SF
    Days on Market:
    101
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 316 S 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    25,100 SF

    Building Details

    Year built
    1984
    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# 25-521 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 Venue: Bar & Event

    The City Lights Bar & Event Center in Aberdeen, South Dakota, is a 25,000 square foot venue suitable for weddings, receptions, banquets, concerts, meetings, and other events. The property has a capacity of well over 600 persons. Smaller meeting rooms ranging from 500 to 900 square feet are available for rent. It features a full liquor license, a commercial kitchen, and a casino. A new pull tabs machine, new central air conditioning, and a new furnace have been installed. Many new LED lights have been added, and a 10-foot overhead door facilitates loading and unloading.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Treasures discount market Grocery Store City Lights Bar ... Bar

    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.

    Similar Places Nearby

    City Lights Bar & Event Center, Lager's Inn, Schwan's Recreation, R & A Bar, Roma Ristorante Italiano

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Brown
    State
    South Dakota
    Longitude
    -98.491976
    Latitude
    45.461585

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    FAQs

    What type of property is this?
    Bar - Vibrant Aberdeen venue for weddings, concerts, meetings, and more.
    Where is this bar located?
    The property is located at 316 S 2Nd St Aberdeen, SD.
    What is the asking price?
    The asking price for this property is $1,699,900.
    What are key features of this property?
    This property features: - Large Capacity: Venue can accommodate well over 600 people, suitable for large events.; - Full Liquor License: Enables immediate operation as a bar and event center.; - Commercial Kitchen: Fully equipped to handle catering and food service for large events.
    (605) 225-1800
    Request Owner's contact information
    316 S 2Nd 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
    316 S 2Nd St Aberdeen, SD 57401
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