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


$179,900
316 N Main St
Mitchell, SD 57301
MLS# 19-308
Status: Closed
3464 sqft


316 N Main St, Mitchell, SD 57301
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Property 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.

Details
Maps
Documents
Contract Information
Current Price: $179,900
Book Section: Commercial
Begin Date: 2019-08-18
Sold Date: 2019-11-01
Status: Closed
List Price: $179,900
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
Legal: S24'8' of Lot 15, Block 2 Original Mitchell-NE&SE(21), City of Mitchell, Davison County, SD.
General Property Description
Total Finished SqFt.: 3464
Age: 1910
Realtor.COM Type: Commercial
Lot Size: 24'8' x 142'
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.)
Construction
Exterior Const: Combination
Utilities
Air Conditioning: Central
Heat Fuel: Natural Gas
Heat Type: Hot Air
Sewer: City
Water: City
Property Features
Foundation: Block

Listing Office: Mitchell Realty LLC

Last Updated: March - 10 - 2023

Information deemed reliable but not guaranteed.

Thursday 28th of March 2024 12:12 PM