- For Sale $1,500,000
- Property Type Retail - Street Retail
- Property Size 51,600 SF
- Lot Size 0.33 Acre
- Year Built 1915
- Date Updated May 18, 2026
Description
Located in the heart of Mitchell, just down the street from the Corn Palace
500,000 annual visitors in Mitchell
Cotenants include Michelle's Mad Batter and 3rd Ave SalonDowntown Mitchell location with excellent visibility and foot traffic
Historic building full of character and architectural charm
Zoning: Central Business
3-story mixed-use property with income-generating potential
5 commercial spaces and 1 storage space
15 residential apartments (77.8% occupancy) Gross Annual Revenue: $191,700
5 Studio
6 One Bed / One Bath
2 Two Bed / One Bath
1 Three Bed / One Bath
1 Five Bed / Two Bath (currently operating as an Airbnb)
Building signage available
Endless possibilities. Historic charm. Great location.
Highlights
- 1 Five Bed / Two Bath (currently operating as an Airbnb)
- 1 Three Bed / One Bath
- 15 residential apartments (77.8% occupancy) Gross Annual Revenue: $191,700
- 2 Two Bed / One Bath
- 3-story mixed-use property with income-generating potential
- 5 commercial spaces and 1 storage space
- 5 Studio
- 6 One Bed / One Bath
- Building signage available
- Downtown Mitchell location with excellent visibility and foot traffic
- Endless possibilities. Historic charm. Great location.
- Historic building full of character and architectural charm
- Zoning: Central Business
False
Contacts
Marcus Mahlen, CCIM, SIOR
NAI Sioux Falls
Location
Contact Listing Broker
Marcus Mahlen, CCIM, SIOR
NAI Sioux Falls