Mitchell, SD
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    Mitchell, SD Retail Space for Sale

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    Plankinton, SD Parkston, SD Corsica, SD
    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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    Modern Retail Building For Sale
    $1,300,000
    6,720 SF
    Modern Retail Building For Sale

    1601 S Ohlman Street, Mitchell, SD

    Modern commercial building with high traffic location and highway access.
    • Outstanding commercial location with I‑90 exit access
    • High traffic volume (ADT exceeding 10,000)
    • Zoned highway commercial
    • Modern build (2017)
    • Handicap accessible
    Updated: Jun 24, 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

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    Retail Property with Drive-Through Canopy
    $650,000
    13,448 SF
    Retail Property with Drive-Through Canopy

    Retail property featuring a drive-through, ample parking, and high visibility.

    1421 N Main St, Mitchell, SD

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    Commercial Property with Parking Lot
    $525,000
    944 SF
    Commercial Property with Parking Lot

    Commercial property featuring office space, shop building, and parking.

    404 W 1st Ave, Mitchell, SD

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Huron Commercial Opportunity For Sale
    $450,000
    10,050 SF
    Huron Commercial Opportunity For Sale

    10,050 sq ft commercial building in the heart of Huron.

    373-377 Wisconsin Ave SW, Huron, SD 57350

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    Versatile Commercial Property in Huron
    $220,000
    4,675 SF
    Versatile Commercial Property in Huron

    Spacious commercial building with flexible layout and upstairs apartment.

    149 Dakota Ave S, Huron, SD 57350

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    41 Acres Mixed-Use Development Site
    $9,412,880
    1,792,893 SF
    41 Acres Mixed-Use Development Site

    41.16-acre mixed-use development site in Sioux Falls, South Dakota.

    5801 N. Kiwanis Avenue, Sioux Falls, SD 57107

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    Retail Space with Walk-In Cooler
    $590,000
    1,500 SF
    Retail Space with Walk-In Cooler

    Retail property featuring a walk-in cooler and restroom.

    5512 W 41st St, Sioux Falls, SD

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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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

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    Mitchell, SD Retail Space Investment Opportunities Market Analysis

    Explore 5 retail space for sale in Mitchell, SD, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 32,660 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for retail space in Mitchell, SD start at $525,000, averaging $1,000,000, and reaching up to $1,300,000 — 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

    Storefront properties 5
    Automotive properties 2
    Auto shops 1
    Parking lots & garages 1
    Shopping centers 1

    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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