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$ 385,000
Est. payment /mo
Active
412 N Main St Mitchell, SD 57301
4 Baths
21,016 SqFt
UPDATED:
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
Heat Source Natural Gas
Exterior
Amenities Available Public Restroom
Roof Type Other
Accessibility City Street, Sidewalks
Building
Structure Type Masonry
Others
Security Features Smoke Detector,Exterior Lighting
Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Listed by EXIT Prime Realty • Tonya L Klingaman