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Office Building with Redevelopment Land
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320 S 1st St, Aberdeen, SD 57401

Located in Aberdeen’s downtown business district with additional land available for redevelopment.

Property Size8,658 SF
Days on Market360

Property Features for 320 S 1st St

General Information

Standard status Active
Size 8,658 SF
Property subtype OFFICE
Listing Agency: Vantis Commercial
Listed By: Scott Ginkel · License #12881
Source: Moodyscre
Added: Aug 7, 2025 Changed: Jul 31 Last Checked: Jul 31 at 6:56PM

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 8,658-square-foot office building is located at 320 S 1st St in Aberdeen, South Dakota. The property includes surplus land available for redevelopment, creating additional site area beyond the existing office improvements.

The property is positioned in Aberdeen’s downtown business district and is presented as an owner/user option with potential for additional rental income.

Key Highlights

  • 8,658‑square‑foot office building
  • Surplus land available for redevelopment
  • Located in Aberdeen’s downtown business district

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
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Frequently Asked Questions

What type of property is this?
Office building - Located in Aberdeen’s downtown business district with additional land available for redevelopment.
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: 8,658‑square‑foot office building; Surplus land available for redevelopment; Located in Aberdeen’s downtown business district
(605) 215-0940 Call to check price and availability
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