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    Mitchell, SD
    Mixed-Use

    Mitchell, SD Mixed-use Properties for Sale

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    Mount Vernon, SD Alexandria, SD Huron, SD Parkston, SD
    Historic Mixed-Use Building in Mitchell
    Updated: Nov 21, 2025
    Historic Mixed-Use Building in Mitchell

    117 East 3rd Avenue, Mitchell, SD 57301

    $1,375,000
    51,600 sqft
    Prime downtown location with high visibility and foot traffic.
    Income‑generating mixed‑use property with commercial and residential units.
    Historic building with architectural charm and character.
    Fifteen residential apartments with 77.8% occupancy.
    Gross Annual Revenue of $191,700.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Mixed-Use Property with Salon
    Mixed-Use Property with Salon

    524 N Main Ave, Garretson, SD 57030

    $109,900
    1,414 sqft 0.08 AC lot

    Two-level building combines a leased salon with a remodeled apartment.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    524 N Main Ave, Garretson, SD 57030

    $109,900
    1,414 sqft

    Two-level property combines a leased hair salon with a remodeled residential unit.

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    Multi-Purpose Facility Near Convention Center
    Multi-Purpose Facility Near Convention Center

    1605 W Burnside St, Sioux Falls, SD 57104

    Contact for pricing
    13,536 sqft 2.61 AC lot

    Investment opportunity: 14,000 SF mixed-use property near Denny Sanford Center.

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    Mixed-Use Property with Storage Units
    Mixed-Use Property with Storage Units

    4914 - 4932 N. Cliff Avenue, Sioux Falls, SD 57104

    Contact for pricing
    1.51 AC lot

    C-2-zoned commercial property with retail space, detached storage, and access to I-90.

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    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.

    824 Havens Ave
    Mixed-use properties

    824 Havens Ave, Mitchell, SD 57301

    Estimated value:
    No data
    5,276 sqft
    View details

    Mitchell, SD Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 51,600 square feet of properties for sale, with an estimated market value of $1,375,000.

    Sale prices for multi use buildings in Mitchell, SD average $1,375,000 — 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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    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 $1.4M

    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.

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