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412 N Main St, Mitchell, SD 57301

  • $385,000
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Featured Active

412 N Main St, Mitchell, SD 57301

  • $385,000

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

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Address

  • Address 412 N Main St
  • City Mitchell
  • State/county South Dakota
  • Zip/Postal Code 57301

Details

Updated on March 14, 2025 at 8:07 pm
  • Property ID: 25-89
  • Price: $385,000
  • Property Size: 21016 Sq Ft
  • Land Area: 10465 Sq Ft
  • Bathrooms: 4
  • Year Built: 1959
  • Property Type: Commercial
  • Property Status: Active

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Tonya Klingaman
  • Tonya Klingaman