224 1St AveAberdeen, SD 57401

  • Commercial real estate
  • 12,771 SF
For Lease

Property Details for 224 1St Ave

Property size (Sq ft)
12,771 SF
Property type
Commercial real estate
APN
29718
APU
29718

Description

This exceptional retail opportunity presents two available suites within the iconic 224 Briscoe Building at 224 SE 1st Ave, Aberdeen, SD 57401. Located in Brown County, this 2,210 square foot building, constructed in 1914, sits on a 0.34-acre lot. The property offers a multiple tenancy configuration with two immediately available spaces. Suite 5 encompasses approximately 900 square feet and is available for $1200 per month, all-inclusive. Suite 6 offers approximately 1310 square feet at a monthly rate of $1747, also all-inclusive. Both suites boast eclectic spaces ideal for a variety of retail uses. The building benefits from a convenient location adjacent to the Aberdeen Downtown Business core, with paved surface parking directly outside. Tenants are responsible for their own building contents insurance, phone, and internet services. A three-year minimum lease term is required for both suites. The minimum divisible space is 900 square feet, with a maximum contiguous space of 1310 square feet. This prime downtown location offers excellent visibility and accessibility for any retail business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,286,250
    Hospitality
    $2,094,192
    Educational
    $1,742,343
    Medical
    $1,802,265
    Retail
    $2,710,312
224 1St Ave, Aberdeen, South Dakota

Location Insight

City
Aberdeen
County
Brown
State
South Dakota
Latitude
45.4638
Longitude
-98.4839
CBSA code
10100
CBSA name
ABERDEEN, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,998
$31,682
$300,770
$332,452
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FAQs

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