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    Mitchell, SD
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    Mitchell, SD Restaurants for Sale

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    Plankinton, SD Parkston, SD Corsica, SD
    Remodeled Commercial Space Downtown
    $1,295,000
    8,988 SF

    Remodeled Commercial Space Downtown

    615 N Main St, Mitchell, SD 57301

    Remodeled 8900+ sq ft commercial space with kitchen.

    • Prime downtown location directly across from the Corn Palace, offering high visibility and tourist traffic.
    • Remodeled building with bright, open space.
    • Includes a commercial kitchen.
    • Large space: over 8900 sq. ft.
    • Opportunity to start a new business or continue the existing one.
    Updated: May 19
    View details
    Retail and Restaurant Opportunity
    $1,230,000
    2,560 SF

    Retail and Restaurant Opportunity

    N Main St, Mitchell, SD

    Retail store, restaurant, and office space available for lease.

    • High‑traffic retail location in a prominent commercial area.
    • Large paved parking lot (10,737sqft) for ample customer parking.
    • Primary building: 7,840sqft retail space (built in 1992).
    • Opportunity for sale or lease.
    • Secondary building: 2,560sqft restaurant/office space (built in 1987).
    Updated: Aug 14, 2025
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    Downtown Mitchell Commercial Space Available
    $1,295,000
    8,988 SF

    Downtown Mitchell Commercial Space Available

    Remodeled commercial building with open space and commercial kitchen.

    615 N Main St, Mitchell, SD 57301
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

    Modern Mixed-Use Commercial Building
    $500,000
    10,080 SF

    Modern Mixed-Use Commercial Building

    10,080 SF mixed-use building suitable for various commercial concepts.

    508 Dakota Ave S, Wessington Springs, SD 57382
    View details
    Bar and Grill Entertainment Space
    $250,000
    2.56 Acres

    Bar and Grill Entertainment Space

    Bar and grill with gaming zone in prime location.

    630 E Ruton Ave, Salem, SD 57058
    View details
    Established Restaurant Business For Sale
    $350,000
    5,948 SF

    Established Restaurant Business For Sale

    Turnkey cafe and restaurant with liquor license in Wessington Springs.

    201 Main St E, Wessington Springs, SD 57382
    View details
    Turnkey Restaurant/Coffee Shop Opportunity
    $130,000
    1,610 SF

    Turnkey Restaurant/Coffee Shop Opportunity

    Turnkey restaurant/coffee shop with character, charm, and outdoor seating.

    116 E Vermont Ave, Salem, SD
    View details

    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.

    Commercial Land Ready for Development
    $350,000

    Commercial Land Ready for Development

    Shovel-ready commercial land suitable for various business ventures.

    910 East Spruce Street, Mitchell, SD 57301
    View details
    Commercial Lot in Growing Tea
    $220,000
    0.68 Acres

    Commercial Lot in Growing Tea

    High-visibility commercial lot in a high-growth Sioux Falls metro area.

    500 N Heritage Pkwy, Tea, SD 57064
    View details
    Prime Main Street Commercial Land
    $99,000
    0.32 Acres

    Prime Main Street Commercial Land

    Build-ready lot in thriving Dell Rapids commercial corridor.

    4th St, Dell Rapids, SD 57022
    View details
    Elk Point Commercial Lot
    $87,352
    0.51 Acres

    Elk Point Commercial Lot

    Half-acre commercial lot with high visibility in Elk Point.

    2001 Jack Nicklaus Dr., Elk Point, SD 57025
    View details

    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.

    1525 Havens Ave
    Restaurants
    Value Estimation by Request

    1525 Havens Ave, Mitchell, SD 57301

    View details

    Mitchell, SD Restaurants Investment Opportunities Market Analysis

    Explore 4 restaurants for sale in Mitchell, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,536 square feet of properties for sale, with an estimated market value of $3,820,000.

    Sale prices for restaurant properties in Mitchell, SD start at $1,230,000, averaging $1,273,333, and reaching up to $1,295,000 — 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 kitchens 2

    Property Size Breakdown

    The majority of commercial real estate listings in Mitchell fall within the 5,000 to 10,000 square foot range.

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Mitchell submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    57301 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.83%
    Property Tax per SF $12.27 per sq ft
    Average Loan-to-Value 65.0%

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