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Historic Warehouse and Storage Portfolio
For Sale
$279,900

119 E 1st Ave Avenue, Mitchell, SD 57301

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

Property SizeContact for details
Days on Market131

Property Features for 119 E 1st Ave Avenue

General Information

Standard status Active
Listing Agency: eXp Realty - SF Allen Team
Listed By: Tara Allen
Source: Exprealty
Added: May 1 Changed: Aug 21 Last Checked: Sep 8 at 10:33AM

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 Team

Investment Insights

Based on property information with market context.

This real estate portfolio for sale in Mitchell, South Dakota includes warehouse and self-storage facilities currently occupied for decades by Tobin Transfer for its moving and storage operation. Each property may be purchased individually or as part of a package.

The business is also available for sale, and a qualified buyer may utilize the buildings for ongoing business use while generating revenue from storage customers. One building is occupied by tenants, providing income.

The properties are described as well built with solid foundations and historic interior character, including exposed wood beams and hardwood floors. The mix of existing warehouse and storage configurations offers options for owner-occupants or for redevelopment by the next owner.

Key Highlights

  • Real estate portfolio in Mitchell, South Dakota available for sale as individual properties or a package.
  • Historic warehouse/storage buildings with interior features such as exposed wood beams and hardwood floors.
  • One building currently has tenants, providing income.

Property Analytics

Current Use

North American Van ... Moving Company Tobin Transfer & Storage Moving Company

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store

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

859
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Klock Werks Distribution Center 1005 S Lawler St, Mitchell, SD 57301
  • South Sanborn Storage 408 W Birch Ave, Mitchell, SD 57301
  • North American Van Lines 119 E 1st Ave #100, Mitchell, SD 57301

Frequently Asked Questions

What type of property is this?
Warehouse - Well-built warehouse and storage properties with historic interior features, including exposed wood beams and hardwood floors.
Where is this warehouse located?
The property is located at 119 E 1st Ave Avenue Mitchell, SD.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Real estate portfolio in Mitchell, South Dakota available for sale as individual properties or a package.; Historic warehouse/storage buildings with interior features such as exposed wood beams and hardwood floors.; One building currently has tenants, providing income.
More about this property
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