Retail

Mitchell, SD Retail Space for Sale

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Mount Vernon, SD Alexandria, SD Dimock, 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

Contact for pricing
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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Corner Retail Space
Updated Corner Retail Space

99 Wisconsin Ave SW, Huron, SD 57350

$269,900
3,072 sqft 1.86 AC lot

B-3 zoning and paved outdoor area support retail, office, service, or automotive operations.

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Laundromat Retail Property
Laundromat Retail Property

378 3rd St SW, Huron, SD 57350

$600,000
2,036 sqft 1.00 AC lot

The existing laundromat occupies a B-1-zoned site in Huron.

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Retail Shop with Customer Office
Retail Shop with Customer Office

3101 S. Shirley Avenue, Sioux Falls, SD 57106

Contact for pricing
4,161 sqft

Retail shop space features a customer office at the front, with ample parking and two curb cuts.

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Empire Mall Outlot Retail Space
Empire Mall Outlot Retail Space

4200-4224 W Empire Pl, Sioux Falls, SD

Contact for pricing
1,584 sqft 1.34 AC lot

Retail space available on Empire Mall outlot.

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Mitchell, SD Retail Space Market Trends and Statistics

Explore 2 retail space for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 58,100 square feet of properties for sale, with an estimated market value of $1,375,000.

Sale prices for retail space 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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