$385,000
Mitchell, SD 57301
MLS# 25-61
21016 sqft

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Property Description
Discover an exceptional real estate opportunity featuring a pristine BRAND NEW ROOF. This impressive property is conveniently located just 1.5 blocks from the iconic World's Only Corn Palace, a beloved local attraction. Spanning over 21,000 square feet, this building is among the largest and most modern structures on Main Street, providing ample space for a variety of business ventures.
Details
Documents
Contract Information
Book Section: Commercial
Begin Date: 2025-03-13
Status: Active
Current Price: $385,000
List Price: $385,000
Lock Box: no LB
General Property Description
Realtor.COM Type: Commercial
Total SqFt.: 21016
Age: 1959
Lot Size: 10465
Lot Acres: 0.24
Stories: 2
Location Tax and Other Information
Area: Mitchell
House #: 412
Street Name: N Main
Street Suffix: St
State/Province: SD
Postal Code: 57301
County: Davison
Zoning: commercial
Taxes: 6113.36
Parcel Number: 0151545011000000200
Construction
Number Rest Rooms: 4
Roads: Paved
Utilities
Cooling: Central Air
Heating: Gas Forced Air
Sewer: Public
Utility Service: NWPS
Water: Public
Property Features
Supplements
Originally established as the JC Penney department store, the layout includes spacious main and lower levels, creating a cohesive and functional design. The interior is characterized by high ceilings and generous floor plans, offering endless possibilities for customization. Additionally, a stylish mezzanine/office space above adds further versatility, perfect for administrative functions or additional retail. Potential buyers should note that the sellers plan to retain occupancy until September 1, 2025, allowing for a smooth transition. This property not only offers a prime location in a bustling area but also presents a remarkable investment opportunity with significant growth potential. Don't miss your chance to be part of this thriving community! Property Improvements: " 2024 - New Roof with a 15yr warranty " 2007- New HVAC (Heat & AC) " Since owning the sellers have also drain tiles ¾ of the basement. Business information: " May 1, 2025 the vendors will be moving out of the building " Will start moving out cases and downsizing inventory at that time " Plan to have business wrapped up by September 1, 2025
Listing Office: Exit Prime Realty
Office Email: tonyak.realtor@gmail.com
Last Updated: March - 13 - 2025
Information deemed reliable but not guaranteed.