Building Details

Year built 1950

Listing Agency: Century 21 Northern Advantage Show Phone

Listed By: Melanie R Bobby · License #14771 Show Phone

Added: Apr 10 Changed: Aug 18 Last Checked: Aug 19 at 7:06PM

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MLS# 26-225

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 4,000-square-foot flex space occupies a corner lot and combines a storefront with several shop areas. The property also provides indoor and outdoor storage, creating a commercial layout that brings customer-facing space together with work and storage areas. Built in 1950, the site was formerly used as a lumber yard and includes multiple buildings across the property.

The property fronts the main road through Ipswich with 350 feet of HWY frontage. Its location at 19 5th Avenue places the site within the town, while a vintage sign remains as a distinctive existing feature. The configuration includes land, storefront space, shop areas, and storage improvements.

Key Highlights

• 4,000‑square‑foot flex space on a corner lot
• 350 feet of HWY frontage along Ipswich’s main road
• Storefront accompanied by multiple shop areas

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Building Supply Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Florist Hair Salon

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

130

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 57451, SD

2,381

Population

1,030

Households

2.3

Avg Household Size

43

Median Age

33%

College-Educated

94%

High-School Grad

430.2 sq mi

ZIP Area

6

Density / Sq Mi

$85,795

Median Household Income

$43,400

Median Earnings

$1,019

Median Rent

$221,100

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - Includes multiple shop areas with indoor and outdoor storage across a town-center commercial site.

Where is this flex space located?

The property is located at 19 5th Avenue Ipswich, SD.

What is the asking price?

The asking price for this property is $594,000.

What are key features of this property?

This property features: 4,000‑square‑foot flex space on a corner lot; 350 feet of HWY frontage along Ipswich’s main road; Storefront accompanied by multiple shop areas