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Corner-Lot Flex Space with Storefront
For Sale
$594,000

19 5th Avenue, Ipswich, SD 57451

Commercial, Ipswich, SD

Property Size4,000 SF
Price / SF$148.50
Days on Market179

Property Features for 19 5th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Area Town
Standard status Active
Size 4,000 SF

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 1-5 NW-27-123-68 W400' OF N350' OF LOT 1
Tax Annual Amount 3035
Legal Description LOTS 1-5 NW-27-123-68 W400' OF N350' OF LOT 1

Building Details

Year built 1950
Listing Agency: Century 21 Northern Advantage
Listed By: Melanie R Bobby · License #14771
Added: Apr 10 Changed: Sep 8 Last Checked: Oct 5 at 11:06AM
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 property at 19 5th Avenue in Ipswich includes a storefront, multiple shop buildings, and indoor and outdoor storage areas. The improvements support a combination of retail, workspace, warehouse, light industrial, and service-oriented operations. Built in 1950, the property also includes a vintage sign.

The site occupies a corner lot along the main roadway through town, with 350 feet of HWY frontage. Its location in Ipswich, South Dakota, provides direct road exposure and access for businesses that require both customer-facing space and functional work or storage areas.

Key Highlights

  • 4,000 square feet of flex property improvements
  • 350 feet of HWY frontage on a corner lot
  • Storefront plus multiple shop buildings

Property Analytics

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Current Use

Flex space

Suggested Use

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multiple work areas and indoor/outdoor storage support varied commercial operations.
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 feet of flex property improvements; 350 feet of HWY frontage on a corner lot; Storefront plus multiple shop buildings
More about this property
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