312 Main StMitchell, SD 57301

Property Details for 312 Main St

Year built

1910

Lot size

0.08 AC

Property size (Sq ft)

4,202 SF

Property type

Other commercial real estate

APN

15520-00200-013-00

APU

155200020001300

Description

This exceptional opportunity presents a thriving coffee shop and two-story building located at 312 N Main St, Mitchell, SD 57301. The 3,350 square foot building, renovated in 1910, boasts a charming historical feel and is ideally situated near the iconic Corn Palace, ensuring high foot traffic and visibility. The well-established coffee shop, known for its excellent coffee, pastries, and welcoming atmosphere, enjoys a strong reputation within the Mitchell community and attracts both locals and tourists. Adding to the investment potential, the property includes two spacious, rentable apartments on the upper floor, providing a consistent stream of additional rental income. These apartments offer a comfortable and homey living space, complementing the overall charm of the building. The asking price for this turnkey operation is $335,000. This is a rare chance to acquire a profitable, established business with significant rental income potential in a desirable location. The property's combination of a successful coffee shop and rental units offers a unique and attractive investment opportunity. Don't miss this chance to own a piece of Mitchell's vibrant community.

• Alternative Use

  Use

  Valuation

  Residential

  $752,237

  Hospitality

  $689,045

  Educational

  $573,278

  Medical

  $592,993

  Retail

  $891,765

Location Insight

City

Mitchell

County

Davison

State

South Dakota

Latitude

43.712

Longitude

-98.0251

CBSA code

33580

CBSA name

MITCHELL, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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