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24669800
24661795

108 S Lincoln St, Aberdeen, SD 57401

TS
SD SD 20428
eXp Realty
Listed by eXp Realty
$1,892,094
369 days on market
Updated 6 days ago
Opportunity zone

Lincoln ST Multi Use

Details
Property Type Mixed Use, Multifamily (+2)
Sub Type Apartment Building, Storefront (+1)
Square Footage 19,500
Units 14
Cap Rate 8.00%
Occupancy 95%
Class A
Year Built 1909
Year Renovated 2000-2010
Buildings 1
Stories 2
Acreage 0.243
Zoning Commercial
Investment Type Value Add

Downtown Aberdeen Charmer

Marketing description

Invest in location and potential with this multi-unit property situated just steps from Aberdeen’s vibrant downtown district. 108–110 S Lincoln St features two spacious commercial retail units plus 14 additional upper-level apartments, offering a strong mix of layout options for tenants. Whether you're seeking stable income or a value-add project, this centrally located property delivers.

Enjoy walkability to restaurants, shops, parks, and local employers, along with off-street parking and historic curb appeal. With solid bones and multiple income streams, this is a rare opportunity in a desirable location.

Investment highlights

  1. Prime downtown location near shops, dining, and employers

  2. Two main-level commercial retail units plus additional upper-level apartments

  3. Multiple income streams from one property

  4. Strong rental demand in central Aberdeen

  5. Historic charm with great curb appeal

  6. Walkable neighborhood with high tenant retention potential

  7. Ideal for investors seeking stable cash flow or value-add potential

  8. Zoned for multi-family use

  9. Rare opportunity in a desirable, high-visibility area

Listing Contacts

TS
SD SD 20428
eXp Realty
Listed by eXp Realty

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Map

Zoning

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M SpecialMunicipal State And County Use District
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View all 1 uses
View all 1 uses
Last updated Jul 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Todd Syhre
License
SD 20428
Brokerage
EXP Commercial
Brokerage Phone
6058801575
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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