Mitchell, SD Motels for sale

Updated: Feb 26

93-Room Motel For Sale

1309 S. Ohlman Street |, Mitchell, SD 57301

$1,600,000

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

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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.

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

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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Operating Motel with Apartments

900 E 7th St, Wayne, NE 68787

$1,400,000

2.79 AC lot

Operating motel offers 23 guest rooms plus six on-site apartments on a 2.79-acre lot.

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Operating Motel with Apartment Units

900 E 7th St, Wayne, NE 68787

Contact for pricing

13,837 sqft 2.79 AC lot

Currently operating motel with 23 guest rooms plus 6 on-site apartments on a 2.79+/- acre site with ample parking.

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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.

Level Development Land

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

$389,200

26.12 AC lot

Primarily level land zoned for urban development, fronting County Road 57 with planned west-side street extensions.

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Fully-Developed Commercial Land Lot

5239 Oak Crest Hill Rd SE, Hills, IA 52235

$323,980

1.25 AC lot

Commercially zoned, utility-served lot with strong visibility off Highway 218 for flexible development concepts.

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Commercial-Industrial Land with Utilities

5241 Oak Crest Hill Rd SE, Hills, IA 52235

$321,385

1.24 AC lot

Fully developed lots with city water and sewer, positioned for commercial and industrial use with highway visibility.

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Commercial Development Lot off I-90

14th W, Hardin, MT 59034

$249,900

3.06 AC lot

3.06-acre commercial lot on Hardin’s business loop with access to and from 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.

Motels

1309 Ohlman St, Mitchell, SD 57301

Value Estimation by Request

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Neighborhood	Average Price
57301	$1.6M

Neighborhood

Average Price

57301

$1.6M

Mitchell, SD Motels for Sale

1309 S. Ohlman Street |, Mitchell, SD 57301