Mitchell, SD Motels for sale

$1,600,000

93-Room Motel For Sale

1309 S. Ohlman Street |, Mitchell, SD 57301

93-room motel with seasonal heated pool and ample parking.

High Cap Rate: 14%
Current Revenue: $597,297 (three‑year average)
Projected 2025 Revenue: $600,000
93 Rooms available
93 Parking Spaces

Updated: Feb 26

Based on your search, we've compiled 10 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$754,900

1,600 SF

Turn-Key Motel Near Lake Minnewaska

Profitable 22-unit motel in Starbuck, MN, near Lake Minnewaska.

604 N Main Street, Starbuck, MN 56381

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$774,900

1,600 SF

Turn-Key Motel Investment Opportunity

Profitable 22-unit motel near Lake Minnewaska in Starbuck, Minnesota.

604 North Main Street, Starbuck, MN 56381

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$3,500,000

100-Room Hospitality Investment Opportunity

Hospitality property with 100 rooms, great investment opportunity.

1300 West Russell Street, Sioux Falls, SD 57104

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$4,600,000

98-Room Motel for Sale

98 guestrooms, manager's apartment, and brand conversion opportunity available.

3200 W Russell St, Sioux Falls, SD 57107

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$389,200

26.12 Acres

Benson Land: Development Opportunity

26.12 acres in Benson, MN, for urban development.

0 20th Ave NE/Co 57, Benson, MN 56215

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$323,980

1.25 Acres

Commercial Land in Hills, Iowa

1.25 acre commercial land with utilities and highway visibility.

5239 Oak Crest Hill Rd SE, Hills, IA 52235

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$321,385

1.24 Acres

Commercial Land in Hills, Iowa

Unimproved commercial land with utilities and highway visibility.

5241 Oak Crest Hill Rd SE, Hills, IA 52235

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$120,000

Commercial Land in Dodgeville, WI

Prime commercial land with high traffic visibility in Dodgeville, WI.

3 Lots N Johns Street, Dodgeville, WI 53533

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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.

Motels

Value Estimation by Request

1309 Ohlman St, Mitchell, SD 57301

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Mitchell, SD Motels Investment Opportunities Market Analysis

Explore 2 motels for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,600,000.

Sale prices for motels in Mitchell, SD start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
57301	$1.6M

Neighborhood

Average Price

57301

$1.6M

Mitchell, SD Motels for Sale

1309 S. Ohlman Street |, Mitchell, SD 57301