316 N Main St, Mitchell, SD 57301 (MLS# 19-308)

316 N Main St, Mitchell, SD 57301

$179,900

Property Type: Commercial Square Footage: 3,464 Status: Closed

Current Price: $179,900 List Date: 8/19/2019 Last Modified: 8/25/2024

Overview

Description

''The Framer'' business/building package. Well established (30+ yrs) framing and art gallery business w/ $50k of inventory. Great opportunity for aspiring artists, photographers, hobbyists, crafters, woodworkers, etc. Includes updated, great condition 3,464 sq.ft. building with huge 2-bdrm 1-bath apartment on upper level. Apt rent is $500/mo + utilities, which subsidizes the business income.

Listing Details MLS# 19-308

Contract Information

Book Section: Commercial
Begin Date: 2019-08-18
Sold Date: 2019-11-01

Location Tax and Other Information

House Number: 316
Street Direction Pfx: N
Street Name: Main
Street Suffix: St
State/Province: SD
Postal Code: 57301
County: Davison
Taxes: 2083.87
Tax Year: 2018

General Property Description

Total Finished SqFt.: 3464
Age: 1910
Realtor.COM Type: Commercial

Currently Not Used

Assessed Valuation: 106840

Miscellaneous

Lease Terms: Apt: $500+Uts
Parking Space: 2 private in rear

Income

Gross Income: 100,000 (approx.)
Inventory $: 50,000 (approx.)

More Information

Construction

Exterior Const: Combination

Utilities

Air Conditioning: Central
Heat Fuel: Natural Gas
Heat Type: Hot Air
Sewer: City
Water: City

Location, Tax and Other Information

Legal: S24'8' of Lot 15, Block 2 Original Mitchell-NE&SE(21), City of Mitchell, Davison County, SD.

Foundation

Block: Yes

Property Features

Foundation: Block

Documents

Equipment List ›

Building Improvements ›

Utilities History ›

Confidentiality Agreement ›

Listing Office: Mitchell Realty LLC

Last Updated: August - 25 - 2024

Information deemed reliable but not guaranteed.