Search
Commercial Redevelopment Land
For Lease
Contact for pricing

320 S 1st St, Aberdeen, SD 57401

Surplus land is available in the downtown business district, offering options for owner-users with potential rental income.

Property Size8,735 SF
Days on Market360

Property Features for 320 S 1st St

General Information

Standard status Active
Size 8,735 SF
Property subtype OFFICE
Listing Agency: Vantis Commercial
Listed By: Scott Ginkel · License #12881
Source: Moodyscre
Added: Aug 7, 2025 Changed: Jul 26 Last Checked: Jul 31 at 12:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vantis Commercial

Investment Insights

Based on property information with market context.

This offering presents surplus commercial land available for redevelopment. It offers an owner-user option with the possibility of additional rental income, depending on how the site is structured and occupied.

The property is located in the downtown business district, positioned for businesses seeking a central presence.

The parcel includes existing commercial space inventory described as office-related property types in the offering summary, with the emphasis on redevelopment flexibility and complementary income opportunities.

Key Highlights

  • Surplus land available for re‑development in the downtown business district
  • Option for an owner‑user with potential additional rental income

Property Analytics

Current Use

U.S. Bank-Mortgage Loan ... Bank Senator John Thune Government Office U.S. Bancorp Investments ... Financial Advisor US Bank Mortgage Loan Service U.S. Bank Branch Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Wine and Liquor Store Pet Store Garden Center Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,109
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Surplus land is available in the downtown business district, offering options for owner-users with potential rental income.
Where is this office building located?
The property is located at 320 S 1st St Aberdeen, SD.
What are key features of this property?
This property features: Surplus land available for re‑development in the downtown business district; Option for an owner‑user with potential additional rental income
(605) 215-0940 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message