$375,000
Mitchell, SD 57301
MLS# 25-435
Status: Closed
21016 sqft

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Property 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.
Details
Maps
Documents
Contract Information
Current Price: $375,000
Book Section: Commercial
Begin Date: 2025-09-29
Sold Date: 2026-02-23
Status: Closed
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
General Property Description
Total Finished SqFt.: 21016
Age: 1959
Realtor.COM Type: Commercial
Lot Size: 10,465
Lot Acres: 0.24
Waterfront YN: No
Construction
Exterior Const: Masonary
Roof: Membrane
Utilities
Air Conditioning: Central
Heat Fuel: Natural Gas
Heat Type: Hot Air
Property Features
Foundation: Block
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!
Listing Office: Better Homes and Gardens Real Estate Beyond
Last Updated: March - 03 - 2026
Information deemed reliable but not guaranteed.
Electric/Gas Utilities