412 N Main St Active Save Request In-Person Tour Request Virtual Tour
Mitchell,SD 57301
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 21,016 sqft
Price per Sqft $18
Subdivision No Subdivision
MLS Listing ID 22501679
Year Built 1959
Annual Tax Amount $6,113
Lot Size 10,463 Sqft
Property Sub-Type Retail
Property 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. 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
Location
State SD
County Other (out Of Jurisdiction)
Area Outside Mls Jurisdiction
Zoning Commercial - Store Retail Small
Interior
Heating Central
Cooling Central
Flooring Carpet,Tile,Concrete
Exterior
Amenities Available Public Restroom
Roof Type Other
Building
Structure Type Masonry