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Flex Industrial Building with Loading Docks
For Sale
$515,000

1 S 3rd Street, Aberdeen, SD 57401

COMMERCIAL - Aberdeen, SD

Property Size27,220 SF
Price / SF$18.92
Days on Market222

Property Features for 1 S 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning I2
Subdivision Aberdeen - City
Standard status Active
Size 27,220 SF

Taxes and HOA fees

Tax Description LT 1 GROTES 2ND ADD (BK 17 ADD)
Tax Annual Amount 5225
Legal Description LT 1 GROTES 2ND ADD (BK 17 ADD)

Amenities

loading docks
overhead doors

Building Details

Year built 1928
Listing Agency: Dakota Plains Real Estate & Development
Listed By: Robin (Rob) K Johnson · License #15391
Added: Jan 9 Changed: Aug 18 Last Checked: Aug 19 at 1:06AM
MLS# 26-12

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 27,220-square-foot flex industrial property in Aberdeen dates to 1928 and is configured for varied industrial and commercial functions. The building includes heated and cold storage, multiple offices, showroom areas, two loading docks, several overhead doors, and three furnaces. Office and showroom areas are slated for new flooring, and the layout can be separated into four sections.

The property is located at 1 S 3rd Street in Aberdeen, South Dakota, and carries I2 zoning. The building’s prior use included Grote Roofing and Grote Sheetmetal operations. An asbestos condition is disclosed: the material is described as over-clad, covered and sealed, and non-friable. Access for showings requires a minimum of four hours’ notice during weekday business hours.

Key Highlights

  • 27,220 square feet of flex industrial space
  • Heated and cold storage areas
  • Two loading docks and several overhead doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Building Supply Garden Center Food Market

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

2
Dock-high doors

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • Aberdeen Catering Company 719 N Main St, Aberdeen, SD 57401
  • Fabricia Cooks 515 N 1st St, Aberdeen, SD 57401
  • Canterbury Deli & Catering 412 S Main St, Aberdeen, SD 57401

Frequently Asked Questions

What type of property is this?
Flex space - Industrial property combines heated and cold storage with offices, showroom space, and multiple overhead doors.
Where is this flex space located?
The property is located at 1 S 3rd Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 27,220 square feet of flex industrial space; Heated and cold storage areas; Two loading docks and several overhead doors
More about this property
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