Search
Downtown Office Building
For Sale
$375,000

421 S Lincoln Street, Aberdeen, SD 57401

COMMERCIAL - Aberdeen, SD

Property Size5,579 SF
Price / SF$67.22
Days on Market330

Property Features for 421 S Lincoln Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 5,579 SF

Taxes and HOA fees

Tax Year 2024
Tax Description N 20' LT 8 & LT 9 BK 1ST ADD
Tax Annual Amount 3434
Legal Description N 20' LT 8 & LT 9 BK 1ST ADD

Building Details

Year built 1950
Listing Agency: Dakota Plains Real Estate & Development
Listed By: Robin (Rob) K Johnson · License #15391
Added: Sep 7, 2025 Changed: Jun 3 Last Checked: Aug 2 at 1:06AM
MLS# 25-534

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 for-sale office building is a former American Legion Club with a sturdy, well-built structure. The main floor includes approximately 3,360 square feet of open space along with four offices. Additional storage is available in a full basement. The listing notes no lockbox, and showings require four hours’ notice during weekdays and business hours only.

The property is located in the downtown Aberdeen business core. It is described as being close to government, retail, and food and entertainment options, supporting a central setting for professional use.

For tenants, this layout can work well for organizations that need a large open work area supported by a small set of private offices, plus on-site basement storage. For buyers, the building offers a defined office configuration and dedicated storage space within a downtown commercial environment.

Key Highlights

  • Prime downtown location in the Aberdeen business core.
  • Large 3360 sq ft open main floor space.
  • Sturdy, well‑built structure.

Property Analytics

Current Use

Veterans Memorial Park Native American Herbal ... Big Box & Wholesale Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Wine and Liquor Store Pet Store Tanning Salon Veterinary Clinic Garden Center

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

Lease Details

4
Office units

Location Intelligence

Trade Area within ½ mile

1,437
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Sturdy downtown office building with main-floor open space, four offices, and full basement storage.
Where is this office building located?
The property is located at 421 S Lincoln Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime downtown location in the Aberdeen business core.; Large 3360 sq ft open main floor space.; Sturdy, well‑built structure.
More about this property
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