1307-1321 N Main St, Mitchell, SD 57301 (MLS# 22-99)

1307-1321 N Main St, Mitchell, SD 57301

$1,649,000

Property Type: Commercial Square Footage: 52,643 Lot Size (sq. ft.): 130,680 Status: Closed

Current Price: $1,649,000 List Date: 4/01/2022 Last Modified: 8/25/2024

Overview

Description

52,000 sq. ft. building that is 96% occupied with long-term leases with the State of South Dakota and various others. Huge 3-acre parcel on N Main St directly across the street from the Mitchell Rec Center. Cap rate of 7.35% and $31 per sq ft at list price. Rent roll and financials available upon request.

Listing Details MLS# 22-99

Contract Information

Book Section: Commercial
Begin Date: 2022-03-31
Sold Date: 2022-06-03

Location Tax and Other Information

House Number: 1307-1321
Street Direction Pfx: N
Street Name: Main
Street Suffix: St
State/Province: SD
Postal Code: 57301
County: Davison
Taxes: 20140
Tax Year: 2020
Zoning: Central Biz

General Property Description

Total Finished SqFt.: 52643
Age: 1966
Realtor.COM Type: Commercial
Lot Acres: 3

Foundation

Poured: Yes

Property Features

Foundation: Poured

Listing Office: Mitchell Realty LLC

Last Updated: August - 25 - 2024

Information deemed reliable but not guaranteed.