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