1515 Sanborn Blvd Mitchell, SD 57301
- Commercial real estate
- 75,800 SF
- 5.25 lot acres
Current Use by Public Records
- Chr Solutions Inc / Telecommunications Service Provider
Property Details for 1515 Sanborn Blvd
- Year built
- 1987
- Lot size
- 5.25 lot acres
- Property size
- 75,800 SF
- Property type
- Commercial real estate
- APN
- 15090-00300-001-00
- APU
- 150900030000100
Description
This exceptional two-story, 75,800 square foot office building in Mitchell, South Dakota, is available for sale at $2,995,000. Currently configured as co-working space, it features a spacious reception area, multiple conference rooms, private offices, open work areas, a large shared break room with kitchen, and in-suite restrooms. The building includes a building elevator and boasts abundant natural light from perimeter windows. Existing furniture is negotiable for a turnkey solution. The property sits on a substantial 7.79-acre lot (110,889 square feet), offering significant expansion potential for additional buildings or parking, or the possibility of selling a portion to offset acquisition costs. Ample on-site parking is available, along with full-time on-site management and maintenance. 36,400 square feet is currently available for lease, subdividable into 7,000 square foot units. The property is zoned HB Highway Oriented Business District and is located at 1515 N Sanborn Blvd, Mitchell, SD 57301 (APN: 15090-00300-001-00, 15800-01600-101-80). The seller is open to considering sale-leaseback options and all subdivision opportunities. The price reflects a recent $1,000,000 reduction. This presents a unique opportunity to acquire a substantial, well-maintained office building in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mitchell
- County
- Davison
- State
- South Dakota
- Longitude
- -98.0306
- Latitude
- 43.7248
- CBSA code
- 33580
- CBSA name
- MITCHELL, SD MICROPOLITAN STATISTICAL AREA
