308 SW 6th Avenue, Aberdeen, SD 57401
- Added:
- Jun 25, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 5 at 2:06 pm
Property Features for 308 SW 6th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,300 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LT 3 (AND) LT 4 KELLEYS RPL LT 4-5 & 9-11 BK 34 SD 1ST ADD & LT 4-5 & 9- 11 BK 34 2ND ADD
- Tax Annual Amount
- 2300
Building Details
- Year built
- 1923
Listing agent Melanie R Bobby License #14771 (605) 225-7179
Listing office Century 21 Northern Advantage 1708 8th AVE NE, Aberdeen, SD (605) 225-7179
Listing date Jun 25, 2026
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.
HighLights
- Two buildings sold together at 308 and 312
- 1923 year built
- Sixth Avenue frontage
- Easy access parking around the back
Overview
The buildings benefit from Sixth Avenue frontage, providing visibility from the front. Parking is accessible around the back, which supports convenient customer or tenant access without requiring front-door circulation for every arrival.
For buyers seeking a retail property with flexible use across two buildings, the combined sale format can simplify planning for tenant requirements and day-to-day operations. The straightforward storefront nature and shared acquisition of both addresses make it practical for an owner-operator or investor pursuing a retail-centered asset.
Local 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 | $27.6k | $12.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $25.4k | $11.03 |
| − OpEx | −$7.6k | −$3.31 |
| NOI | $17.8k | $7.72 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Rustic Roots Florals — 224 1st Ave SE #2, Aberdeen, SD 57401
- Annette's Floral Boutique — 122 N Main St, Aberdeen, SD 57401
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Brown
- State
- South Dakota
- Longitude
- -98.492779
- Latitude
- 45.459252
