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    Mitchell, SD
    Hospitality

    Mitchell, SD Hospitality Properties for Sale

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    Mount Vernon, SD Alexandria, SD Dimock, SD
    27-Unit Motel
    Updated: Oct 26
    27-Unit Motel

    1518 W Havens Ave, Mitchell, SD 57301

    $925,000
    27 motel units
    Two additional living quarters
    Built in 1957
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Hospitality for sale in Mitchell, SD. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 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.

    20-Unit Motel with Owner Residence
    20-Unit Motel with Owner Residence

    1409 Cedar St, Beresford, SD 57004

    $1,595,000
    9,706 sqft 2.42 AC lot

    Motel property includes an attached owner residence and paved access from multiple entrances.

    View details
    Motel With Owner Residence
    Motel With Owner Residence

    1409 Cedar St, Beresford, SD 57004

    $1,595,000
    9,706 sqft

    The property combines guest lodging with a three-bedroom residence and an attached garage.

    View details
    Historic Hotel with Ballroom
    Historic Hotel with Ballroom

    202 N Broadway Ave, Hartington, NE 68739

    $699,000
    0.16 AC lot

    Operating hospitality property with guest rooms, event space, a full bar, and restored historic interiors.

    View details
    17-Bedroom Hotel with Ballroom
    17-Bedroom Hotel with Ballroom

    202 N Broadway Ave, Hartington, NE 68739

    $699,000

    A 2018 renovation replaced major building systems while preserving restored interior details.

    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.

    41255 Sd-38
    Multifamily properties

    41255 Sd-38, Mitchell, SD 57301

    Estimated value: by Request
    585,011 sqft 13.43 AC lot
    View details

    Mitchell, SD Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties for sale in Mitchell, SD on our real estate platform.

    Sale prices for hospitality properties in Mitchell, SD average $925,000 — 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

    Commercial property segments ranked by active listings on the market

    Motels 1

    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 $925K

    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.

    How Realmo verifies these figures

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