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Office Unit with Conference Room

1515 N Sanborn Blvd #2, Mitchell, SD 57301

For Sale
$650,000

A central commons with kitchenette connects private offices, perimeter workspaces, and meeting areas.

Property Size19,911 SF
Price / SF$32.65
Days on Market105

Property Features for 1515 N Sanborn Blvd #2

General Information

Standard status Active
Size 19,911 SF
Property subtype Commercial
Zoning Hwy Business

Additional Details

Property Use Office

Amenities

commons area
kitchenette
conference rooms
file storage rooms

Building Details

Year Built 1992
Construction brick veneer
Listing Agency: Ace Realty, LLC
Listed By: Angela Uttecht
Source: Landmarkrealtyandauction
Added: Jul 29 Changed: Nov 10 Last Checked: Nov 10 at 4:00AM

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 Ace Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Unit 2 provides 19,911 square feet of office space in the building’s 1992 addition. The brick-veneer property has a roof installed in 2021 and is zoned Hwy Business. A front entry leads to a shared commons area with a kitchenette, with private offices, larger window offices, meeting rooms, and file storage beyond.

A 30-by-30-foot conference room is complemented by additional conference space along the east and south sides. The office suite is at 1515 N Sanborn Blvd #2 in Mitchell, South Dakota.

Key Highlights

  • 19,911 SF office unit in the portion added in 1992
  • Brick veneer construction and roof installed in 2021
  • 30' x 30' conference room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chr Solutions Inc Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Skin Care Clinic (Bike/Boat/Book/etc) Store Law Firm

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

476
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A central commons with kitchenette connects private offices, perimeter workspaces, and meeting areas.
Where is this office unit located?
The property is located at 1515 N Sanborn Blvd #2 Mitchell, SD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 19,911 SF office unit in the portion added in 1992; Brick veneer construction and roof installed in 2021; 30' x 30' conference room
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