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Front-Facing Office Building

9 N Dakota Street Aberdeen, SD

9 N Dakota Street, Aberdeen, SD
$461,500
For Sale
$461,500

COMMERCIAL - Aberdeen, SD

Property Size4,000 SF
Price / SF$115.38
Days on Market188

Property Features for 9 N Dakota Street

General Information

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

Taxes and HOA fees

Tax Year
2025
Tax Description
LT 1 B & M ADD (S 70' LT 14-16 BK 56 HAGERTY & LLOYD NORTH OF S 17' TAKEN FOR HWY ROW )
Tax Annual Amount
3545

Building Details

Year built
1978
Listing agency Century 21 Northern Advantage
Listed by Ashton Davis · License #SD20519
Added: Jan 14 Updated: Jun 3 at 5:11PM Checked: Jul 21 at 10:06AM
MLS# 26-21

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 is a for-sale office property featuring a total of 4,000 square feet, with 1,720 square feet of conference room area and 2,280 square feet of climate-controlled office space. The building includes 1 bathroom, and it is noted as Huff Construction for the buildings only. The layout is designed to support both meeting needs and day-to-day office use within a single, defined footprint.

The property is described as having high traffic frontage on N Dakota Street in Aberdeen, South Dakota. It is presented with a clear street-facing location, which can be beneficial for businesses seeking direct public exposure.

For tenants, buyers, and operators looking for an office configuration with dedicated conference space and climate-controlled offices, this building offers a straightforward mix of work and meeting areas. The presence of a single bathroom supports day-to-day office functionality, while the overall configuration is suited for small to mid-size office users that want a street-front presence.

Key Highlights

  • High traffic frontage
  • 4,000 square feet total building size
  • 2,280 square feet of climate controlled office space

Local Financial Insights For Office B

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 $60.0k $15.00
− Vacancy −$12.0k −$3.00
EGI $48.0k $12.00
− OpEx −$12.0k −$3.00
NOI $36.0k $9.00
4,000 SF · lease $15.00/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$514.3K
$450.0K – $600.0K (±1% cap)
NOI $36,000 @ 7.0% cap · market cap 7.80%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$698.4K
$611.1K – $814.8K (±1% cap)
NOI $48,888 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

American Buildings Construction Company H & B Truck ... Trucking Company

Suggested Use

Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Garden Center Veterinary Clinic (Bike/Boat/Book/etc) Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Office building with high-traffic street frontage and climate-controlled workspace configured with conference space and private restrooms.
Where is this office building located?
The property is located at 9 N Dakota Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $461,500.
What are key features of this property?
This property features: High traffic frontage; 4,000 square feet total building size; 2,280 square feet of climate controlled office space
Contact an agent
More about this property
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