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    Mitchell, SD
    Restaurants

    Mitchell, SD Restaurants for Sale

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    Stickney, SD Parkston, SD
    Remodeled Commercial Space Downtown
    Updated: May 19
    Remodeled Commercial Space Downtown

    615 N Main St, Mitchell, SD 57301

    $1,295,000
    8,988 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Restaurant and Bar For Sale
    Restaurant and Bar For Sale

    149 Dakota Ave S, Huron, SD 57350

    $220,000
    4,675 sqft

    Commercial restaurant/bar property listed for sale under B-3 zoning in Huron, South Dakota.

    View details
    Turnkey Bar and Restaurant
    Turnkey Bar and Restaurant

    134 N. Lidice, Tabor, SD 57063

    $220,000
    1,944 sqft

    Turnkey bar and restaurant with equipped interior kitchen, covered seating, and a fenced beer garden for on-site service.

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    Restaurant Building with Bar
    Restaurant Building with Bar

    56 3RD St SE, Huron, SD 57350

    $810,000
    19,500 sqft

    Restaurant and bar property available for sale in B-2 zoning in Huron, SD.

    View details
    Turnkey Bar and Restaurant
    Turnkey Bar and Restaurant

    134 N Lidice St., Tabor, SD 57063

    $220,000
    0.68 AC lot

    Turnkey bar and restaurant with equipped interior, dining and kitchen space, and covered outdoor seating with a fenced beer garden.

    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
    Commercial Land Ready for Development

    910 East Spruce Street, Mitchell, SD 57301

    $350,000

    Shovel-ready commercial land suitable for various business ventures.

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    General Commercial Lot at Intersection
    General Commercial Lot at Intersection

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

    General commercial lot at the intersection of Heritage Parkway and Kevin Drive in Tea, SD, across from multiple retail and service uses.

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    Prime Main Street Commercial Land
    Prime Main Street Commercial Land

    4th St, Dell Rapids, SD 57022

    $99,000
    0.32 AC lot

    Build-ready lot in thriving Dell Rapids commercial corridor.

    View details
    General Business Lot with Visibility
    General Business Lot with Visibility

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    Zoned GB, this roughly half-acre commercial lot offers visibility from Main Street for a variety of business uses.

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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.

    1525 Havens Ave
    Restaurants

    1525 Havens Ave, Mitchell, SD 57301

    Value Estimation by Request
    View details

    Mitchell, SD Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 8,988 square feet of properties for sale, with an estimated market value of $1,295,000.

    Sale prices for restaurant properties in Mitchell, SD start at $1,295,000, averaging $1,295,000, 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 property segments ranked by active listings on the market

    Commercial kitchens 2
    Conventional restaurants 1

    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 average 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 SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

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

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