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TBD E Spruce St - Mitchell, SD

2.75 Acres of Commercial Land Offered at $1,383,610 CAD in Mitchell, SD 57301

Investment Highlights

  • Near high-traffic retail, medical, and hospitality (Cabelas, My Place Hotel, Walmart, Menards, Avera Grasslands Clinic, restaurants, etc.)

Executive Summary

Large, prime, 2.75-acres commercial lot with flexible zoning, located between the brand new My Place Hotel and Spruce St. Ideal for a multi-use property with retail, restaurant, office on main level, and multi-family on upper floors. Much of the parcel has already been paved. Neighbors include Cabela's, My Place Hotel, Avera Grasslands Clinic, Menards, Walmart, Holiday Inn Express, Culver's, etc. Co-listed with Janklow Eliason Real Estate (605-999-4240) and Nelson Commercial Real Estate (605-977-0778).

Property Facts

Price $1,383,610 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 2.75 AC

1 Lot Available

Lot

Price $1,383,610 CAD
Price Per AC $503,131 CAD
Lot Size 2.75 AC

Large (2.75 acres), flat, developed parcel with existing pavement, near high traffic retail and hospitality.

Description

Large, prime, 2.75-acres commercial lot with flexible zoning, located between the brand new My Place Hotel and Spruce St. Ideal for a multi-use property with retail, restaurant, office on main level, and multi-family on upper floors. Much of the parcel has already been paved. Neighbors include Cabela's, My Place Hotel, Avera Grasslands Clinic, Menards, Walmart, Holiday Inn Express, Culver's, etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15082-00000-003-30
Land Assessment
$90,138 CAD
Improvements Assessment
$0 CAD
Total Assessment
$90,138 CAD

zoning

Zoning Code Commercial/Industrial (Zoned "Industrial" which is the most flexible zoning available in Mitchell, SD. Nearly all uses are permitted except residential.)
Commercial/Industrial (Zoned "Industrial" which is the most flexible zoning available in Mitchell, SD. Nearly all uses are permitted except residential.)
  • Listing ID: 33613629

  • Date on Market: 2024-10-23

  • Last Updated:

  • Address: TBD E Spruce St, Mitchell, SD 57301

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