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Office Units in Downtown Core
For Sale
$375,000

421 S Lincoln Street, Aberdeen, SD 57401

COMMERCIAL - Aberdeen, SD

Property Size5,579 SF
Price / SF$67.22
Days on Market35

Property Features for 421 S Lincoln Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Aberdeen - City
Standard status Active
Size 5,579 SF

Taxes and HOA fees

Tax Year 2024
Tax Description N 20' LT 8 & LT 9 BK 1ST ADD
Tax Annual Amount 3434
Legal Description N 20' LT 8 & LT 9 BK 1ST ADD

Building Details

Year built 1950
Listing Agency: Dakota Plains Real Estate & Development
Listed By: Robin (Rob) K Johnson · License #15391
Added: Jul 16 Changed: Aug 18 Last Checked: Aug 19 at 1:06AM
MLS# 25-534

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 office property at 421 S Lincoln Street includes 5,579 square feet of building area, with 3,360 SF of open space on the main floor. The layout also provides four offices and a full basement used for storage. Constructed in 1950, the building offers a substantial existing structure for office occupancy or reconfiguration within its current commercial setting.

The property is located in the downtown Aberdeen business core, near government functions, retail, food, and entertainment. Showings are available on weekdays during business hours with four hours’ notice required.

Key Highlights

  • 5,579 square feet of building area
  • 3,360 SF of open main‑floor space
  • Four offices included in the layout

Property Analytics

Current Use

Veterans Memorial Park Native American Herbal ... Big Box & Wholesale Store

Suggested Use

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

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

4
Office units

Location Intelligence

Trade Area within ½ mile

1,437
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
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Frequently Asked Questions

What type of property is this?
Office units - Open main-floor layout includes four offices and additional storage below grade.
Where is this office units located?
The property is located at 421 S Lincoln Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5,579 square feet of building area; 3,360 SF of open main‑floor space; Four offices included in the layout
More about this property
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