1518 W Havens Ave, Mitchell, SD 57301 (MLS# 25-570)

1518 W Havens Ave, Mitchell, SD 57301

$925,000
Property Type: Commercial Status: Active
Current Price: $925,000 List Date: 12/29/2025 Last Modified: 12/29/2025

Description

BUDGET INN MOTEL an exceptional investment opportunity with this well-maintained 27-unit property, featuring two additional living quarters ideal for on-site management or added rental income. Located in a high-visibility, high-traffic area with quick access to major roads and the interstate, this property offers unparalleled convenience for tenants and operators alike. Recent upgrades provide

Supplements: peace of mind, including a newer roof and a new hot water heater. The property also offers ample parking, a large canopy for easy tenant/guest check-ins, and garage/storage space, adding flexibility and functionality. Tenants enjoy desirable amenities with convenient proximity to shopping, restaurants, gas stations, and other essential services. Additional potential lies in the basement area, offering room for expansion, storage, or future development options (buyer to verify). With its strong location, numerous updates, and multiple income-generating spaces, this property stands out as a rare opportunity in today's market.

More Information MLS# 25-570

General Property Description

Realtor.COM Type: Commercial Waterfront YN: No Age: 1957

Foundation

Wood: 1

Utilities

Sewer: City Water: City

Contract Information

Current Price: $925,000 Book Section: Commercial Begin Date: 2025-12-29 Status: Active List Price: $925,000

Location Tax and Other Information

House Number: 1518 Street Direction Pfx: W Street Name: Havens Street Suffix: Ave State/Province: SD Postal Code: 57301 County: Davison

Property Features

Foundation: Wood
Listing Office: Mitchell Realty LLC
Last Updated: December - 29 - 2025
Information deemed reliable but not guaranteed.