For Lease
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Property summary
This exceptional 3,438 square foot retail space is located at 309 S Main Street in Aberdeen, South Dakota, within Brown County's central business district. Built in 1888, the single-tenant property offers a unique blend of historic charm and modern potential. The entire space is currently vacant, presenting a blank canvas for a discerning tenant. The asking rent is $10 per square foot, triple net ($2,865 per month plus expenses), with a minimum three-year lease term. Significant upgrades have already been completed, and an additional $90,000 in tenant improvements is possible with a five-year lease commitment. The property benefits from the ongoing revitalization efforts transforming Aberdeen's downtown area, offering a prime opportunity for businesses seeking high visibility and foot traffic. Showings are available by appointment only, with a four-hour notice required during weekday business hours. The property's zip code is 57401.
Property profile
VerifiedCap rate & NOI
Current use
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Interior Design Home Decor Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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