← Back to search

412 N Main St, Mitchell, SD 57301

$385,000
Property Type: Commercial Square Footage: 21,016 Status: Active
Current Price: $385,000 List Date: 3/13/2025 Last Modified: 3/13/2025

Description

Discover an exceptional real estate opportunity featuring a pristine BRAND NEW ROOF. This impressive property is conveniently located just 1.5 blocks from the iconic World's Only Corn Palace, a beloved local attraction. Spanning over 21,000 square feet, this building is among the largest and most modern structures on Main Street, providing ample space for a variety of business ventures.

Supplements: Originally established as the JC Penney department store, the layout includes spacious main and lower levels, creating a cohesive and functional design. The interior is characterized by high ceilings and generous floor plans, offering endless possibilities for customization. Additionally, a stylish mezzanine/office space above adds further versatility, perfect for administrative functions or additional retail. Potential buyers should note that the sellers plan to retain occupancy until September 1, 2025, allowing for a smooth transition. This property not only offers a prime location in a bustling area but also presents a remarkable investment opportunity with significant growth potential. Don't miss your chance to be part of this thriving community! Property Improvements: " 2024 - New Roof with a 15yr warranty " 2007- New HVAC (Heat & AC) " Since owning the sellers have also drain tiles ¾ of the basement. Business information: " May 1, 2025 the vendors will be moving out of the building " Will start moving out cases and downsizing inventory at that time " Plan to have business wrapped up by September 1, 2025

More Information MLS# 25-61

Contract Information

Book Section: Commercial Begin Date: 2025-03-13 Status: Active Current Price: $385,000 List Price: $385,000 Lock Box: no LB

General Property Description

Realtor.COM Type: Commercial Total SqFt.: 21016 Age: 1959 Lot Size: 10465 Lot Acres: 0.24 Stories: 2

Location Tax and Other Information

Area: Mitchell House #: 412 Street Name: N Main Street Suffix: St State/Province: SD Postal Code: 57301 County: Davison Zoning: commercial Taxes: 6113.36 Parcel Number: 0151545011000000200

Construction

Number Rest Rooms: 4 Roads: Paved

Utilities

Cooling: Central Air Heating: Gas Forced Air Sewer: Public Utility Service: NWPS Water: Public
Listing Office: Exit Prime Realty
Office Phone: 605-990-3948
Office Email: tonyak.realtor@gmail.com
Last Updated: March - 13 - 2025
Information deemed reliable but not guaranteed.