Motel

Mitchell, SD Motels for Sale

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Mount Vernon, SD Alexandria, SD Dimock, SD
27-Unit Motel
Updated: Oct 26
27-Unit Motel

1518 W Havens Ave, Mitchell, SD 57301

$925,000
27 motel units
Two additional living quarters
Built in 1957
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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.

20-Unit Motel with Owner Residence
20-Unit Motel with Owner Residence

1409 Cedar St, Beresford, SD 57004

$1,595,000
9,706 sqft 2.42 AC lot

Motel property includes an attached owner residence and paved access from multiple entrances.

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Underwood Motel & Extended Stay
Underwood Motel & Extended Stay

26553 Magnolia Road, Underwood, IA 51576

$1,200,000
12,770 sqft 1.37 AC lot

34-unit motel off I-80 in Underwood, Iowa.

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Underwood Motel Near I-80
Underwood Motel Near I-80

24936 Mulberry Lane, Underwood, IA 51576

$550,000
7,752 sqft 1.26 AC lot

21-unit motel with manager's apartment near I-80.

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Motel With Owner Residence
Motel With Owner Residence

1409 Cedar St, Beresford, SD 57004

$1,595,000
9,706 sqft

The property combines guest lodging with a three-bedroom residence and an attached garage.

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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.

Mitchell, SD Motels Market Trends and Statistics

Explore 2 motels for sale in Mitchell, SD on our real estate platform.

Sale prices for motels in Mitchell, SD average $925,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

Population 19K
Population Growth (5Y) +3.7%
Median Household Income $60,671
College Educated 31.5%

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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