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Main Street Retail Space Available
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309 S Main St, Aberdeen, SD 57401

Retail space in a central business district location.

Property Size3,438 SF
Days on Market663

Property Features for 309 S Main St

General Information

Standard status Active
Size 3,438 SF
Property subtype Retail

Building Details

Year Built 1888
Listing Agency: Dakota Plains Commercial Real Estate and Development
Listed By: Robin Johnson · License #SD 15391
Source: Crexi
Added: Oct 9, 2024 Changed: Jul 6 Last Checked: Aug 1 at 10:14AM

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 Dakota Plains Commercial Real Estate and Development

Investment Insights

Based on property information with market context.

Located on Main Street in the central business district, this retail space offers 3,438 square feet for lease at $10 per square foot NNN, equating to $2865 per month plus expenses. A minimum three-year lease is required. The property has upgrade investments already in place, with the potential for an additional $90,000 in Tenant Improvements available with a five-year lease. The surrounding downtown area is undergoing significant improvements. Viewings are available during business hours on weekdays with a four-hour notice.

Key Highlights

  • Prime Central Business District Main Street location.
  • Significant downtown improvements underway, offering growth potential.
  • Potential for $90,000 in Tenant Improvements with a five‑year lease.

Property Analytics

Current Use

Midwest Lodging Interior Design

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Cosmetic Store Pet Store

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

1,473
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 30% Home Improvements & Furnishings 3% Beauty & Spa 1%
McDonald's Dining
23,164 visits/mo 0.4 miles
Scooter's Coffee Dining
8,503 visits/mo 0.4 miles
Family Dollar Shops & Services
5,596 visits/mo 0.5 miles
Wells Fargo Home Mortgage Shops & Services
3,318 visits/mo 0.2 miles
Mazatlan Mexican Restaurant Dining
2,814 visits/mo 0.0 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a central business district location.
Where is this retail space located?
The property is located at 309 S Main St Aberdeen, SD.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Prime Central Business District Main Street location.; Significant downtown improvements underway, offering growth potential.; Potential for $90,000 in Tenant Improvements with a five‑year lease.
(605) 225-1800 Call to check price and availability
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