Building Details

Year Built 1957

Listing Agency: Mitchell Realty LLC

Listed By: Cheryl Weeman · License #18487 Show Phone

Source: Jankloweliason

Added: Oct 26 Last Checked: Oct 30 at 5:34AM

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Investment Insights

Based on property information with market context.

Built in 1957, this motel property contains 27 units and two additional living quarters. These separate quarters add to the property’s existing accommodation layout.

Key Highlights

• 27 motel units
• Two additional living quarters
• Built in 1957

Property Analytics

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

Open Analytics

Current Use

Budget Inn Hotel & Motel

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Furniture & Home Goods Garden Center (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.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

247

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

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Similar Off Market Nearby

• Motel 6 Mitchell, SD — 1309 S Ohlman St, Mitchell, SD 57301
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Frequently Asked Questions

What type of property is this?

Motel - Two additional living quarters accompany the motel’s guest units.

Where is this motel located?

The property is located at 1518 W Havens Ave Mitchell, SD.

What is the asking price?

The asking price for this property is $925,000.

What are key features of this property?

This property features: 27 motel units; Two additional living quarters; Built in 1957