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    511 5Th St, Unit 2 Ipswich, SD 57451

    For Sale
    Contact for pricing

    Commercial - Ipswich, SD

    Property size:
    360 SF
    Days on Market:
    274
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 511 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    360 SF

    Building Details

    Year built
    1980
    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 Mar 7, 2025

    MLS# 25-138 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

    Ipswich Office/Retail Suite For Sale

    This 360 square foot suite is suitable for office, retail, or service-oriented businesses. Located within Ken's Superfair Foods in Ipswich, South Dakota, the space benefits from built-in customer traffic and visibility. The suite has been recently remodeled. The listed price includes utilities and property taxes. The tenant is responsible for maintenance and content insurance.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ipswich
    County
    Edmunds
    State
    South Dakota
    Longitude
    -99.031319
    Latitude
    45.447797

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    FAQs

    What type of property is this?
    Office space - 360 SF office/retail suite with high visibility and traffic.
    Where is this office space located?
    The property is located at 511 5Th St, Unit 2 Ipswich, SD.
    What is the asking price?
    The asking price for this property is $325.
    What are key features of this property?
    This property features: - Affordable rent: **$325 per month, including utilities and property taxes.**; - High-traffic location: Situated inside Ken's Superfair Foods.; - Excellent visibility: **Benefits from built-in customer flow.**
    (605) 225-1800
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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
    511 5Th St, Unit 2 Ipswich, SD 57451
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