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Mitchell SD Storage Portfolio
For Sale
$215,000

112 E Railroad St, Mitchell, SD 57301

Real estate portfolio for sale in Mitchell, South Dakota.

Property SizeContact for details
Days on Market114

Property Features for 112 E Railroad St

General Information

Standard status Active
Listing Agency: eXp Realty- SF-Allen Edge Team
Listed By: Tara Allen
Source: Exprealty
Added: May 1 Changed: Aug 20 Last Checked: Aug 21 at 12:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty- SF-Allen Edge Team

Investment Insights

Based on property information with market context.

A real estate portfolio is available for purchase in Mitchell, South Dakota. The properties have been occupied by Tobin Transfer for several decades, serving as their moving and storage operation. The properties can be purchased individually or as a package. A business buyer can utilize the buildings for ongoing business use, benefiting from an ongoing revenue stream from storage customers. These historic properties, located in the heart of Mitchell, offer potential for owner occupancy or redevelopment. The well-built structures feature solid foundations and historic elements such as exposed wood beams and hardwood floors, presenting a variety of possibilities for the next owner. One of the buildings is currently occupied by tenants, providing income.

Key Highlights

  • Established moving and storage operation location for decades.
  • Potential for ongoing revenue stream from existing storage customers.
  • Opportunity for owner‑occupant use or redevelopment.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service Hair Salon Garden Center Furniture & Home Goods Grocery & Convenience Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 57301, SD

18,759
Population
9,148
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
91%
High-School Grad
238.3 sq mi
ZIP Area
79
Density / Sq Mi
$60,671
Median Household Income
$39,545
Median Earnings
$775
Median Rent
$191,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Real estate portfolio for sale in Mitchell, South Dakota.
Where is this self storage facility located?
The property is located at 112 E Railroad St Mitchell, SD.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Established moving and storage operation location for decades.; Potential for ongoing revenue stream from existing storage customers.; Opportunity for owner‑occupant use or redevelopment.
More about this property
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