diff --git a/cmd/frostfs-cli/modules/control/list_targets.go b/cmd/frostfs-cli/modules/control/list_targets.go
index ddd80b31b..6a988c355 100644
--- a/cmd/frostfs-cli/modules/control/list_targets.go
+++ b/cmd/frostfs-cli/modules/control/list_targets.go
@@ -13,6 +13,8 @@ import (
 	"git.frostfs.info/TrueCloudLab/frostfs-node/pkg/services/control"
 	cid "git.frostfs.info/TrueCloudLab/frostfs-sdk-go/container/id"
 	"github.com/spf13/cobra"
+	"google.golang.org/grpc/codes"
+	"google.golang.org/grpc/status"
 )
 
 const (
@@ -52,6 +54,10 @@ func listTargets(cmd *cobra.Command, _ []string) {
 		resp, err = control.ListTargetsLocalOverrides(client, req)
 		return err
 	})
+	if err != nil && status.Code(err) == codes.NotFound {
+		cmd.Println("Local overrides are not defined for any target.")
+		return
+	}
 	commonCmd.ExitOnErr(cmd, "rpc error: %w", err)
 
 	verifyResponse(cmd, resp.GetSignature(), resp.GetBody())