412 N Main St, Mitchell, SD 57301,Mitchell,Davison,Commercial Sale

$ 385,000
412 N Main St, Mitchell, SD 57301,

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

  • Updated On:
  • March 13, 2025
Address: 412 N Main St, Mitchell, SD 57301
City:
State/County:
Zip: 57301
Country: United States
Open In Google Maps
Property Id : 48804
Price: $ 385,000
TaxLegalDescription: Lots 2A, 3 & 4, Block 110, John Lawler's 1st Addn, City of Mitchell, Davison County, SD
TaxAnnualAmount: 6113.36
ListAgentFullName: Tonya Klingaman
ListAgentLastName: Klingaman
LotSizeSquareFeet: 0
ListOfficeName: Exit Prime Realty
ListAgentFirstName: Tonya
InternetAutomatedValuationDisplayYN: 1
YearBuilt: 1959
ListOfficeMlsId: exit
StreetNumberNumeric: 412
Stories: 2
BuildingAreaTotal: 21016
StreetSuffix: St
StreetNumber: 412
StreetName: N Main
LotSizeArea: 0.24
TaxAssessedValue: 0
Utilities_co_Cooling: Central Air
Utilities_co_Heating: Gas Forced Air

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John Roache – Call or Text 605-350-2324