Retail

Mitchell, SD Retail Properties & Spaces for Sale

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Mount Vernon, SD Stickney, SD Alexandria, SD Huron, SD Parkston, SD
Historic Mixed-Use Building in Mitchell
Updated: Nov 21, 2025
Historic Mixed-Use Building in Mitchell

117 East 3rd Avenue, Mitchell, SD 57301

$1,375,000
51,600 sqft
Prime downtown location with high visibility and foot traffic.
Income‑generating mixed‑use property with commercial and residential units.
Historic building with architectural charm and character.
Fifteen residential apartments with 77.8% occupancy.
Gross Annual Revenue of $191,700.
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Retail Space in Midtown Plaza
Updated: Jun 9
Retail Space in Midtown Plaza

400 N Main St, Mitchell, SD 57301

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6,500 sqft
Huge commercial space for rent on the lower floor of Midtown Plaza at 400 N Main St in downtown Mitchell
East access from Main St, with plenty of public parking within one block
Lowest price per square foot in Mitchell right now for rental retail space
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Remodeled Commercial Space Downtown
Remodeled Commercial Space Downtown

615 N Main St, Mitchell, SD 57301

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8,988 sqft

Remodeled 8900+ sq ft commercial space with kitchen.

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New Retail NNN Ground Lease
New Retail NNN Ground Lease

2306 S Mentzer St, Mitchell, SD

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11,480 sqft 2.15 AC lot

New construction retail property with long-term corporate ground lease.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 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.

Multi-Building Retail Center
Multi-Building Retail Center

2355 Dakota Ave S, Huron, SD 57350

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28,648 sqft 2.40 AC lot

Three-building retail property with established tenants, ample parking, and frontage along a primary commercial corridor.

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Mixed-Use Main Street Building
Mixed-Use Main Street Building

106 E Main St, Parkston, SD 57366

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5,412 sqft

Large open living area with two bedrooms sits above a sizable commercial space with alley access.

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Restaurant Building with Personal Property
Restaurant Building with Personal Property

705 Redwood St, Parkston, SD 57366

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Operating restaurant building with included personal property and flexibility for several commercial uses.

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Single-Tenant NNN Retail Building
Single-Tenant NNN Retail Building

1659 Dakota Ave S, Huron, SD 57350

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A fee-simple Advance Auto Parts building on 5 acres with a corporate-guaranteed NNN lease through December 2025.

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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.

Commercial Land Ready for Development
Commercial Land Ready for Development

910 East Spruce Street, Mitchell, SD 57301

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Shovel-ready commercial land suitable for various business ventures.

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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.

824 Havens Ave
Mixed-use properties

824 Havens Ave, Mitchell, SD 57301

Value Estimation by Request
5,276 sqft
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1525 Havens Ave
Restaurants

1525 Havens Ave, Mitchell, SD 57301

Value Estimation by Request
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Mitchell, SD Retail Properties & Spaces Market Trends and Statistics

Explore 6 retail properties & spaces for sale in Mitchell, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 78,568 square feet of properties for sale, with an estimated market value of $1,375,000.

Sale prices for stores in Mitchell, SD average $1,375,000 — 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

Storefront properties 3

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 $1.4M

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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