701 N Main Street Aberdeen, SD 57401

Building Details

Year Built

1909

Listing office Dakota Plains Commercial Real Estate and Development r***@dakota-plains.com Show Phone

Listing date Jun 8, 2020

Source Crexi

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Investment Insights

Based on property information with market context.

This updated commercial building features eight off-street private parking spaces. The property has undergone over $100,000 in improvements, including two new AC units, one new furnace, multiple new windows, and new insulation. Remodeled bathrooms, new flooring, carpet, and paint enhance the interior. The property is currently leased at $2100 per month, with the tenant responsible for utilities, lawn care, and snow removal. The lease includes four one-year options. The owner is responsible for property taxes. The current business and its equipment are not included in the sale. The 2906 square foot building includes 2 -1/2 baths, 1-3/4 bath & 3-5 bedrooms and is located at 701 N Main Street, Aberdeen, SD 57401. The building is convertible to residential use if desired. Showings are limited and require advance appointments.

Key Highlights

• Nicely updated, unique commercial building.
• Current lease in place at $2100 per month plus utilities, lawn & snow with four one‑year options.
• Over $100,000 in recent improvements, including new AC units, furnace, windows, insulation, flooring, carpet, and paint.

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FAQs

What type of property is this?

Storefront property - Updated commercial building with parking and lease in place.

Where is this storefront property located?

The property is located at 701 N Main Street Aberdeen, SD.

What is the asking price?

The asking price for this property is $291,900.

What are key features of this property?

This property features: Nicely updated, unique commercial building.; Current lease in place at $2100 per month plus utilities, lawn & snow with four one‑year options.; Over $100,000 in recent improvements, including new AC units, furnace, windows, insulation, flooring, carpet, and paint.