$659,900
Mitchell, SD 57301
MLS# 20-239
Status: Closed
21400 sqft
1 / 34
Property Description
Northstar Plaza is a fantastic commercial real estate investment opportunity at $31 per sq ft, just a fraction of replacement cost for a steel and concrete block building in a great location on N Main St. Surrounded by other retail (US Bank, Thune's Hardware, McDonald's, Burger King, etc.) and near the Mitchell Rec Center. Projected cap rate of 11%. Contact listing agent for financial info.
Details
Maps
General Property Description
Realtor.COM Type: Commercial
Lot Size: 275 x 142
Total Finished SqFt.: 21400
Age: 1960
Location, Tax and Other Information
Legal: Lots 22 thru 32 and that portion of abandoned Lot H1 abutting Sub IT #7-SW(15), City of Mitchell, Davison County, SD
Construction
Exterior Const: Masonary
Miscellaneous
Lease Terms: upon request and NDA
Paved: 1
Foundation
Other: 1
Income
Gross Income: $108,900 pro forma
Net Income: $71,960 pro forma
Utilities
Air Conditioning: Central
Electric: Separately metered
Gas: Separately metered
Heat Fuel: Natural Gas
Heat Type: Hot Air
Sewer: City
Water: City
Contract Information
Current Price: $659,900
Book Section: Commercial
Begin Date: 2020-07-13
Sold Date: 2021-08-04
Status: Closed
List Price: $659,900
Location Tax and Other Information
House Number: 1401
Street Direction Pfx: N
Street Name: Main
Street Suffix: St
State/Province: SD
Postal Code: 57301
County: Davison
Taxes: 4872.18
Tax Year: 2019
Zoning: Commercial
Property Features
Miscellaneous: Paved
Foundation: Other
Listing Office: Mitchell Realty LLC
Last Updated: August - 25 - 2024
Information deemed reliable but not guaranteed.