Flexible Retail Shop with Direct
For Sale
$184,999
1105 SW 6th Avenue, Aberdeen, SD 57401
COMMERCIAL - Aberdeen, SD
Property Size688 SF
Price / SF$268.89
Days on Market94
Property Features for 1105 SW 6th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
688 SF
Taxes and HOA fees
Tax Description
LT 1 HOFF CONS SD (L1-2B2 PLEASANT HILL)
Tax Annual Amount
1295
Legal Description
LT 1 HOFF CONS SD (L1-2B2 PLEASANT HILL)
Building Details
Year built
1989
Listing Agency:
Dakota Plains Real Estate & Development
(605) 225-1800
Listed By:
Robin (Rob) K Johnson · License #15391
(605) 225-1800
Added: May 1
Changed: Jun 3
Last Checked: Aug 2 at 3:06AM
MLS# 26-288
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 flexible retail/shop property includes two enclosed areas under one roof. The main building measures 28' x 16' for 448 square feet, and an additional garage space measures 20' x 16' for 240 square feet, for a total of 688 square feet. The exterior improvements include a newer metal roof and updated siding.
The property is located on a busy US Highway 12 corridor (Sixth Avenue), with direct access to both the highway and the city street. This layout supports businesses that benefit from convenient approach and straightforward customer arrival.
With a compact footprint and separate main and garage areas, the space can work well for small retail operations, service-oriented uses, or other flex tenants seeking updated building materials and easy access. Please note that showings require a minimum of four hours' notice, and visits are limited to weekdays during business hours only.
The property is located on a busy US Highway 12 corridor (Sixth Avenue), with direct access to both the highway and the city street. This layout supports businesses that benefit from convenient approach and straightforward customer arrival.
With a compact footprint and separate main and garage areas, the space can work well for small retail operations, service-oriented uses, or other flex tenants seeking updated building materials and easy access. Please note that showings require a minimum of four hours' notice, and visits are limited to weekdays during business hours only.
Key Highlights
- Located on busy US Highway 12 / Sixth Avenue
- Updated retail/shop space
- Newer metal roof and siding
Financial Insights For Retail
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 | $8.3k | $12.00 |
| − Vacancy | −$670 | −$0.97 |
| EGI | $7.6k | $11.03 |
| − OpEx | −$2.3k | −$3.31 |
| NOI | $5.3k | $7.72 |
688 SF · lease $12.00/SF/yr · vacancy 8.11% · expense 30.00%
Alternative Uses
Best Use
Retail
$75.9K
$66.4K – $88.5K
NOI $5,311 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$120.1K
$105.1K – $140.2K
NOI $8,409 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,392
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 46%
Home Improvements & Furnishings 4%
Beauty & Spa 1%
Scooter's Coffee
Dining
8,503 visits/mo
0.1 miles
Caribou Coffee
Dining
7,438 visits/mo
0.5 miles
Family Dollar
Shops & Services
5,596 visits/mo
0.3 miles
Wells Fargo Home Mortgage
Shops & Services
3,318 visits/mo
0.2 miles
Mazatlan Mexican Restaurant
Dining
2,814 visits/mo
0.4 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Updated flex retail/shop space with main and garage areas and direct highway and city street access.
Where is this retail space located?
The property is located at 1105 SW 6th Avenue Aberdeen, SD.
What is the asking price?
The asking price for this property is $184,999.
What are key features of this property?
This property features: Located on busy US Highway 12 / Sixth Avenue; Updated retail/shop space; Newer metal roof and siding
