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    Mitchell, SD
    Retail

    Mitchell, SD Retail Space 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

    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Multi-Tenant Strip Center
    Multi-Tenant Strip Center

    4200 W Empire Pl, Sioux Falls, SD 57106

    Contact for pricing
    10,336 sqft

    The center combines service and dining tenancy under a NNN lease structure.

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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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    Multi-Building Retail Center
    Multi-Building Retail Center

    2355 Dakota Ave S, Huron, SD 57350

    Contact for pricing
    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

    Contact for pricing
    5,412 sqft

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

    View details

    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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