412 N Main St, Mitchell, SD 57301 (MLS# 25-435)

412 N Main St, Mitchell, SD 57301

$375,000
Property Type: Commercial Square Footage: 21,016 Status: Pending
Current Price: $375,000 List Date: 9/29/2025 Last Modified: 1/09/2026

Description

Opportunity to own a piece of Mitchell's historic Main Street, just one block north of the World's Only Corn Palace! This property spans over 21,000 square feet of customizable retail space—priced at just under $18 per square foot. Its size, location, and historic character make it an ideal fit for retail, office, event space, or a variety of mixed-use possibilities.

Supplements: Storefront windows provide prime marketing opportunities to showcase products and promotions, capturing the attention of passersby and drawing them inside. The main floor features 12 partitioned storefronts, a mezzanine office space, and two customer restrooms. One unit even includes a former commercial kitchen that could easily be brought back to life. The second floor presents a renovation opportunity, featuring three offices, a bathroom, waiting room space, and a kitchenetteperfect for commercial rental income, or renovation into a residential apartment. The basement level provides a completely open retail area, storage rooms, and a full shop. Recent property improvements include: Brand new roof in 2024 (15-year warranty) Updated HVAC system Drain-tiled basement This building not only offers a prime downtown retail location, but also presents a remarkable investment opportunity with ample space for a variety of business ventures. With its central small-town setting, this property combines historic charm with modern potential. Seller financing options may be considered. Don't miss your chance to secure this Main Street landmark!

More Information MLS# 25-435

General Property Description

Realtor.COM Type: Commercial Lot Size: 10,465 Lot Acres: 0.24 Waterfront YN: No Total Finished SqFt.: 21016 Age: 1959

Location, Tax and Other Information

Legal: Lots 2A, 3 & 4, Block 110, John Lawler's 1st Addn, City of Mitchell, Davison County, SD

Construction

Exterior Const: Masonary Roof: Membrane

Foundation

Block: 1

Utilities

Air Conditioning: Central Heat Fuel: Natural Gas Heat Type: Hot Air

Contract Information

Current Price: $375,000 Book Section: Commercial Begin Date: 2025-09-29 Status: Pending List Price: $375,000

Location Tax and Other Information

House Number: 412 Street Direction Pfx: N Street Name: Main Street Suffix: St State/Province: SD Postal Code: 57301 County: Davison Taxes: 6113.3 Tax Year: 2024 Zoning: Commercial

Property Features

Foundation: Block
Listing Office: Better Homes and Gardens Real Estate Beyond
Last Updated: January - 09 - 2026
Information deemed reliable but not guaranteed.