900 N Main St, Mitchell, SD 57301 (MLS# 22-265)

900 N Main St, Mitchell, SD 57301

$199,900

Business For sale only-Not the Building.

Property Type: Commercial Square Footage: 2,560 Status: Closed

Current Price: $199,900 List Date: 7/06/2022 Last Modified: 8/25/2024

Overview

Description

Incredible business opportunity. Business only-no building. Successful business proudly serving Mitchell residents, commercial customers & tourists for 50 years. Very strong reputation & outstanding growth potential. There is apprx $100,000 in equipment, a delivery vehicle, & owner will offer training for 1 month to the new owner. No franchise fee, a 2 page license supply agreement. See supplement

Supplements: A convenient drive-up window, building is leased. There are numerous misc rolls (14) and 4 different types of donuts. This business boasts of the best donuts in town. Stop by and check it out.

Listing Details MLS# 22-265

Contract Information

Book Section: Commercial
Begin Date: 2022-07-03
Sold Date: 2022-12-12
Directions: On the Corner of 9th & North Main, East side of street, a few short blocks from the Corn Palace.

Location Tax and Other Information

House Number: 900
Street Direction Pfx: N
Street Name: Main
Street Suffix: St
State/Province: SD
Postal Code: 57301
County: Davison

General Property Description

Total Finished SqFt.: 2560
Age: 1987
Realtor.COM Type: Commercial

Miscellaneous

Parking Space: Paved

Income

Gross Income: $350,000
Net Income: $109,000

Utilities

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

More Information

Location, Tax and Other Information

Legal: No Legal, just Business for sale.

Foundation

Other: Yes

Property Features

Foundation: Other

Documents

Inventory List ›

Listing Office: The Experience Real Estate, Inc

Last Updated: August - 25 - 2024

Information deemed reliable but not guaranteed.