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    Mitchell, SD
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    Mitchell, SD Hospitality Properties for Sale

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    Letcher, SD Ethan, SD Plankinton, SD
    93-Room Motel For Sale
    $1,600,000

    93-Room Motel For Sale

    1309 S. Ohlman Street |, Mitchell, SD 57301

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

    • High Cap Rate: 14%
    • Current Revenue: $597,297 (three‑year average)
    • Projected 2025 Revenue: $600,000
    • 93 Rooms available
    • 93 Parking Spaces
    Updated: Feb 26
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    Established Campground on 11 Acres
    $1,200,000
    11.03 Acres

    Established Campground on 11 Acres

    25474 403rd Ave, Mitchell, SD

    Campground with 66 campsites, pool, and rental cabins.

    • Established campground on 11 acres offers immediate operational potential.
    • Features 66 well‑appointed campsites.
    • Includes a heated swimming pool.
    • Offers 4 cozy rental cabins for additional lodging.
    • Provides ample space for guests to relax.
    Updated: Oct 16, 2025
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    60-Unit Hotel in LeMars, Iowa
    $1,399,999
    2.30 Acres

    60-Unit Hotel in LeMars, Iowa

    60-unit hotel with event room and ample parking.

    Le Mars, IA 51031
    View details
    60-Unit Hotel in LeMars, Iowa
    $1,399,999
    23,869 SF

    60-Unit Hotel in LeMars, Iowa

    60-unit hotel with event room in high-traffic area.

    1201 Hawkeye Ave SW, Le Mars, IA 51031
    View details
    100-Room Hospitality Investment Opportunity
    $3,500,000

    100-Room Hospitality Investment Opportunity

    Hospitality property with 100 rooms, great investment opportunity.

    1300 West Russell Street, Sioux Falls, SD 57104
    View details
    98-Room Motel for Sale
    $4,600,000

    98-Room Motel for Sale

    98 guestrooms, manager's apartment, and brand conversion opportunity available.

    3200 W Russell St, Sioux Falls, SD 57107
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land in Huron
    $675,000

    Prime Commercial Land in Huron

    Over 5 acres of B-3 zoned commercial land.

    Huron, SD 57350
    View details
    Recreational Land Near Blue Dog Lake
    $99,000
    4.51 Acres

    Recreational Land Near Blue Dog Lake

    4.51-acre property near Blue Dog Lake in Waubay, South Dakota.

    TBD 446th Ave, Waubay, SD 57273
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details
    Benson Land: Development Opportunity
    $389,200
    26.12 Acres

    Benson Land: Development Opportunity

    26.12 acres in Benson, MN, for urban development.

    0 20th Ave NE/Co 57, Benson, MN 56215
    View details

    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.

    1309 Ohlman St

    1309 Ohlman St

    Motels
    Value Estimation by Request
    1309 Ohlman St, Mitchell, SD 57301
    View details
    41255 Sd-38

    41255 Sd-38

    Multifamily properties • 585,011 SF
    Value Estimation by Request
    41255 Sd-38, Mitchell, SD 57301
    View details

    Mitchell, SD Hospitality Properties Investment Opportunities Market Analysis

    Explore 4 hospitality properties for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,800,000.

    Sale prices for hospitality properties in Mitchell, SD start at $1,200,000, averaging $1,400,000, and reaching up to $1,600,000 — 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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    Top Commercial Asset Segments

    Campgrounds 1
    Motels 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    57301 $1.6M

    Taxes & Financing

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

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