Mitchell, SD Commercial Real Estate for Sale

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Mount Vernon, SD Stickney, SD Huron, SD Parkston, SD
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Professional Office Building with Brick Veneer
Updated: Jul 29
Professional Office Building with Brick Veneer

1515 Sanborn Blvd N, Mitchell, SD 57301

$650,000
18,280 sqft
18,280 SF Unit 1 represents the south portion of the original 1987 construction
Corner‑lot Unit 1 location for visibility and accessibility
Brick veneer exterior
Roof installed in 2021
Highway Oriented Business District setting
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Brick Veneer Office Building
Updated: Jul 29
Brick Veneer Office Building

1515 Sanborn Blvd N, Mitchell, SD 57301

$650,000
19,911 sqft
Unit 2 middle suite totals 19,911 SF within the 1992 first addition
New roof installed in 2021
Brick veneer office building
Built in 1992
Zoned Hwy Business in the Highway Oriented Business District
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Two-Story Office Suite
Two-Story Office Suite

1515 Sanborn Blvd N, Mitchell, SD 57301

$1,550,000
38,220 sqft

Two-story office suite with brick veneer, roof installed in 2021, and a Highway Oriented Business District zoning base.

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Historic Mixed-Use Building in Mitchell
Historic Mixed-Use Building in Mitchell

117 East 3rd Avenue, Mitchell, SD 57301

$1,375,000
51,600 sqft

Mixed-use property with income potential in downtown Mitchell.

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Retail Space in Midtown Plaza
Retail Space in Midtown Plaza

400 N Main St, Mitchell, SD 57301

Contact for pricing
6,500 sqft

Lower-floor retail space with convenient east access and public parking nearby for straightforward customer access.

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Remodeled Commercial Space Downtown
Remodeled Commercial Space Downtown

615 N Main St, Mitchell, SD 57301

Contact for pricing
8,988 sqft

Remodeled 8900+ sq ft commercial space with kitchen.

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Historic Warehouse and Storage Portfolio
Historic Warehouse and Storage Portfolio

119 E 1st Ave Avenue, Mitchell, SD 57301

$279,900

Well-built warehouse and storage properties with historic interior features, including exposed wood beams and hardwood floors.

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Mitchell SD Storage Portfolio
Mitchell SD Storage Portfolio

112 E Railroad St, Mitchell, SD 57301

$215,000

Real estate portfolio for sale in Mitchell, South Dakota.

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South Dakota Estate with Views
South Dakota Estate with Views

40580 250th St, Mitchell, SD 57301

Contact for pricing
10,095 sqft 14.76 AC lot

Estate on 14.76 acres near Lake Mitchell, South Dakota.

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New Retail NNN Ground Lease
New Retail NNN Ground Lease

2306 S Mentzer St, Mitchell, SD

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11,480 sqft 2.15 AC lot

New construction retail property with long-term corporate ground lease.

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Commercial Land Ready for Development
Commercial Land Ready for Development

910 East Spruce Street, Mitchell, SD 57301

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Shovel-ready commercial land suitable for various business ventures.

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22+ Acre Commercial Development Site
22+ Acre Commercial Development Site

I-90 and Hwy 37 (S Ohlman St), Mitchell, SD 57301

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22.00 AC lot

Commercial development site with high visibility and accessibility to I-90.

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Industrial Land Parcel For Sale
Industrial Land Parcel For Sale

E Spruce St Mitchell SD, Mitchell, SD 57301

Contact for pricing
160.00 AC lot

4 to 160 acres of industrial land for sale.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bar and Entertainment Venue
Bar and Entertainment Venue

630 E Ruton Ave, Salem, SD 57058

$250,000
2.56 AC lot

Flexible commercial space with dining, gaming, kitchen, and event-oriented areas.

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Mixed-Use Main Street Building
Mixed-Use Main Street Building

106 E Main St, Parkston, SD 57366

Contact for pricing
5,412 sqft

Large open living area with two bedrooms sits above a sizable commercial space with alley access.

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Productive Farmland Tract
Productive Farmland Tract

Hwy 44, Parkston, SD 57366

$1,480,000
74.00 AC lot

Productive South Dakota farmland offering a Soil Productivity Index of 83.9 near Parkston.

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Industrial Lots in Salem, SD
Industrial Lots in Salem, SD

301 Douglas St, Salem, SD 57058

Contact for pricing
5.83 AC lot

Industrial lots available in Salem, SD near US Highway 81.

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Off-Market Properties in Mitchell, SD

Consider similar Off-Market properties in Mitchell, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

501 1st Ave
COMMERCIAL (GENERAL)

501 1st Ave, Mitchell, SD 57301-2421

$190,000
Estimated value
1,536 sqft 0.16 AC lot
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404 Homer Ct
COMMERCIAL (GENERAL)

404 Homer Ct, Mitchell, SD 57301-8508

$340,000
Estimated value
7,614 sqft 0.53 AC lot
View details
620 Sanborn Blvd
COMMERCIAL (GENERAL)

620 Sanborn Blvd, Mitchell, SD 57301-3363

$335,000
Estimated value
3,072 sqft 0.18 AC lot
View details
901 Burr St
COMMERCIAL (GENERAL)

901 Burr St, Mitchell, SD 57301-4731

$950,000
Estimated value
14,736 sqft 2.22 AC lot
View details
123 Spruce St
COMMERCIAL (GENERAL)

123 Spruce St, Mitchell, SD 57301

$385,000
Estimated value
11,871 sqft 1.75 AC lot
View details
Mitchell, SD 57301
COMMERCIAL (GENERAL)

Mitchell, SD 57301

Value Estimation by Request
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912 Ohlman St
COMMERCIAL (GENERAL)

912 Ohlman St, Mitchell, SD 57301

$315,000
Estimated value
5,400 sqft 2.55 AC lot
View details
2109 Wisconsin St
COMMERCIAL (GENERAL)

2109 Wisconsin St, Mitchell, SD 57301-4829

$325,000
Estimated value
2,762 sqft 1.00 AC lot
View details
1305 Havens Ave
COMMERCIAL (GENERAL)

1305 Havens Ave, Mitchell, SD 57301

$335,000
Estimated value
6.08 AC lot
View details
40509 247th St
COMMERCIAL (GENERAL)

40509 247th St, Mitchell, SD 57301-5214

$820,000
Estimated value
141.29 AC lot
View details
2420 Havens Ave
COMMERCIAL (GENERAL)

2420 Havens Ave, Mitchell, SD 57301-8201

$535,000
Estimated value
20,258 sqft 2.09 AC lot
View details

Mitchell, SD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Mitchell, SD, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 165,074 square feet of properties for sale, with an estimated market value of $4,719,900.

Sale prices for business properties in Mitchell, SD start at $215,000, averaging $786,650, and reaching up to $1,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 19K
Population Growth (5Y) +3.7%
Median Household Income $60,671
College Educated 31.5%

High-Yield Neighborhoods for Investment

Identify Mitchell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57301 $824.2K

Taxes & Financing

Tax Rate (average for all types) 0.83%
Property Tax per SF $12.27 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mitchell fall within the 5,000 to 10,000 square foot range.

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