Two-Building Flex and Storage
11 N DAKOTA Street Aberdeen, SD 57401
11 N DAKOTA Street, Aberdeen, SD, 57401
$835,000
For Sale
$835,000
COMMERCIAL - Aberdeen, SD
Property Size14,490 SF
Price / SF$57.63
Days on Market42
Property Features for 11 N DAKOTA Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 14,490 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9111
Building Details
- Year built
- 1940
Listing agency
Century 21 Northern Advantage
(605) 225-7179
Listed by
Ashton Davis · License #SD20519
(605) 225-7179
Added: Jun 10 Checked: Jul 21 at 3:06PM
MLS# 26-63
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.
Huff Construction presents a buildings-only sale featuring two connected commercial buildings and supporting site area. Building 1 includes a front reception area, eight office spaces, and three bathrooms, along with 4,212 square feet of cold storage and 5,394 square feet of climate-controlled space. The interior was remodeled in 2012. The property also includes a fenced-off yard next to the train tracks, and signage is described as being sold with the building.
Building 1 sits along Dakota Street in Aberdeen, in a high traffic area. Building 2 totals 4,000 square feet positioned in front of Building 1, including a 1,720 square foot conference room, one bathroom, and 2,280 square feet of climate-controlled office space.
This configuration can fit tenants and buyers seeking a flexible setup that supports both operational storage and administrative space. With cold storage, climate-controlled space, and multiple office rooms, the property may appeal to users that need on-site management alongside warehouse capabilities. The listing also notes that rent income is available, which can be relevant for investors evaluating an owner-operator or income-producing mix.
Building 1 sits along Dakota Street in Aberdeen, in a high traffic area. Building 2 totals 4,000 square feet positioned in front of Building 1, including a 1,720 square foot conference room, one bathroom, and 2,280 square feet of climate-controlled office space.
This configuration can fit tenants and buyers seeking a flexible setup that supports both operational storage and administrative space. With cold storage, climate-controlled space, and multiple office rooms, the property may appeal to users that need on-site management alongside warehouse capabilities. The listing also notes that rent income is available, which can be relevant for investors evaluating an owner-operator or income-producing mix.
Key Highlights
- Two buildings included: Building 1 (10,000+ sq ft with office space, cold storage, and climate‑controlled space) and Building 2 (4,000 sq ft with conference room and climate‑controlled office space).
- Income potential: Rent income is available, making it attractive for investors.
- Building 1 features: 8 office spaces, reception area, 3 bathrooms, 4,212 sq ft of cold storage, and 5,394 sq ft of climate‑controlled space.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.9k | $3.24 |
| − Vacancy | $0 | $0.00 |
| EGI | $46.9k | $3.24 |
| − OpEx | −$7.0k | −$0.49 |
| NOI | $39.9k | $2.75 |
14,490 SF · lease $3.24/SF/yr · vacancy 0.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.86M
$1.63M – $2.17M
NOI $130,410 @ 7.0% cap · market cap 15.62%
Second Best
Flex RnD
$1.60M
$1.40M – $1.86M
NOI $111,892 @ 7.0% cap · market cap 13.40%
Theoretical Best
Healthcare Medical
$2.53M
$2.21M – $2.95M
NOI $177,097 @ 7.0% cap · market cap 21.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Harms Heating & Cooling ...
HVAC Service
Huff Construction
Construction Company
Grote Sheet Metal
Hardware & Home Improvement
American National Insurance ...
Insurance Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Aberdeen Catering Company — 719 N Main St, Aberdeen, SD 57401
- Canterbury Deli & Catering — 412 S Main St, Aberdeen, SD 57401
FAQs
What type of property is this?
Flex space - Two buildings combining office space with cold and climate-controlled storage, plus a fenced yard by the tracks.
Where is this flex space located?
The property is located at 11 N DAKOTA Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Two buildings included: Building 1 (10,000+ sq ft with office space, cold storage, and climate‑controlled space) and Building 2 (4,000 sq ft with conference room and climate‑controlled office space).; Income potential: Rent income is available, making it attractive for investors.; Building 1 features: 8 office spaces, reception area, 3 bathrooms, 4,212 sq ft of cold storage, and 5,394 sq ft of climate‑controlled space.
