Mitchell, SD Commercial Real Estate for Sale

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Stickney, SD Plankinton, SD Parkston, SD
25 properties
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Remodeled Commercial Space Downtown
Updated: May 19
Remodeled Commercial Space Downtown

615 N Main St, Mitchell, SD 57301

$1,295,000
8,988 sqft
Prime downtown location directly across from the Corn Palace, offering high visibility and tourist traffic.
Remodeled building with bright, open space.
Includes a commercial kitchen.
Large space: over 8900 sq. ft.
Opportunity to start a new business or continue the existing one.
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Retail and Restaurant Opportunity
Updated: Aug 14, 2025
Retail and Restaurant Opportunity

N Main St, Mitchell, SD

$1,230,000
2,560 sqft · 0.54 AC lot
High‑traffic retail location in a prominent commercial area.
Large paved parking lot (10,737sqft) for ample customer parking.
Primary building: 7,840sqft retail space (built in 1992).
Opportunity for sale or lease.
Secondary building: 2,560sqft restaurant/office space (built in 1987).
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Brick Building in High-Traffic Area
Brick Building in High-Traffic Area

2000 N Kimball St, Mitchell, SD

$750,000
4,160 sqft · 1.28 AC lot

4,000+ sq ft brick building with ample parking.

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Industrial Building Near Highway 37
Industrial Building Near Highway 37

1408 W 8th Ave, Mitchell, SD

$739,000
5,292 sqft · 1.69 AC lot

5,292 SF industrial building near Hwy 37 bypass.

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Commercial Property Near Havens Ave
Commercial Property Near Havens Ave

715 S Main St, Mitchell, SD

$829,000
6,840 sqft · 1.25 AC lot

1.04-acre commercial property ideal for various business endeavors.

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Modern Retail Building For Sale
Modern Retail Building For Sale

1601 S Ohlman Street, Mitchell, SD

$1,300,000
6,720 sqft · 3.79 AC lot

Modern commercial building with high traffic location and highway access.

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Mitchell SD Storage Portfolio
Mitchell SD Storage Portfolio

112 E Railroad St, Mitchell, SD 57301

$250,000

Real estate portfolio for sale in Mitchell, South Dakota.

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93-Room Motel For Sale
93-Room Motel For Sale

1309 S. Ohlman Street |, Mitchell, SD 57301

$1,600,000

93-room motel with seasonal heated pool and ample parking.

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New Retail NNN Ground Lease
New Retail NNN Ground Lease

2306 S Mentzer St, Mitchell, SD

$1,750,000
11,480 sqft · 2.15 AC lot

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

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Downtown Mitchell Commercial Space Available
Downtown Mitchell Commercial Space Available

615 N Main St, Mitchell, SD 57301

$1,295,000
8,988 sqft

Remodeled commercial building with open space and commercial kitchen.

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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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Retail Property with Drive-Through Canopy
Retail Property with Drive-Through Canopy

1421 N Main St, Mitchell, SD

$650,000
13,448 sqft · 0.79 AC lot

Retail property featuring a drive-through, ample parking, and high visibility.

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Mitchell Retail Shopping Center For Sale
Mitchell Retail Shopping Center For Sale

601 Cabela Dr, Mitchell, SD

$26,400,000
92,700 sqft · 35.50 AC lot

92,700 SF shopping center in Mitchell, South Dakota.

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Turn-Key Retail Storefront Business
Turn-Key Retail Storefront Business

601 N Main St, Mitchell, SD 57301

$69,900

Turn-key floral and gifts operation includes inventory, walk-in cooler, POS, and equipment for immediate continuation.

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Established Campground on 11 Acres
Established Campground on 11 Acres

25474 403rd Ave, Mitchell, SD

$1,200,000
11.03 AC lot

Campground with 66 campsites, pool, and rental cabins.

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Downtown Office Suite with Reception
Downtown Office Suite with Reception

417 N Main St, Mitchell, SD 57301

Contact for pricing
600 sqft

Small office suite with two private offices and a generous reception area, offered for immediate occupancy.

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Commercial Land Near Highway 37
Commercial Land Near Highway 37

2431 N Main St, Mitchell, SD

$159,000
1.17 AC lot

1.17 acre commercial land near major highway and businesses.

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Commercial Land Ready for Development
Commercial Land Ready for Development

910 East Spruce Street, Mitchell, SD 57301

$350,000

Shovel-ready commercial land suitable for various business ventures.

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Commercial Land at Highway Intersection
Commercial Land at Highway Intersection

110 E 54th St, Mitchell, SD

$187,330
1.41 AC lot

1.41-acre commercial lot at a high-traffic intersection.

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Storefront Near Corn Palace
Storefront Near Corn Palace

505 N Main St, Mitchell, SD

$99,900
1,990 sqft · 0.08 AC lot

Affordable storefront location near the World's Only Corn Palace.

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Commercial Land Near Highway
Commercial Land Near Highway

915 E Havens Ave, Mitchell, SD

$399,000
3.65 AC lot

3.65 acres of commercial land with highway access.

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Commercial Property with Parking Lot
Commercial Property with Parking Lot

404 W 1st Ave, Mitchell, SD

$525,000
944 sqft · 0.65 AC lot

Commercial property featuring office space, shop building, and parking.

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Commercial Lot on Sanborn Blvd
Commercial Lot on Sanborn Blvd

616 N Sanborn Blvd, Mitchell, SD 57301

$49,900
0.24 AC lot

Commercial lot on high-traffic Sanborn Blvd, diverse uses allowed.

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South Dakota Estate with Views
South Dakota Estate with Views

40580 250th St, Mitchell, SD 57301

$2,950,000
10,095 sqft

Estate on 14.76 acres near Lake Mitchell, South Dakota.

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Mitchell, SD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Mitchell, SD, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 174,205 square feet of properties for sale, with an estimated market value of $39,812,900.

Sale prices for business properties in Mitchell, SD start at $99,900, averaging $3,062,530, and reaching up to $26,400,000 — 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 $803.3K

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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