For Sale
$335,000

312 Main StMitchell, SD 57301

Established business, rental income included.

Overview

Added:
Feb 11
Days on market:
58
This exceptional opportunity presents a thriving coffee shop and two-story building located at 312 N Main St, Mitchell, SD 57301. The 3,350 square foot building, renovated in 1910, boasts a charming historical feel and is ideally situated near the iconic Corn Palace, ensuring high foot traffic and visibility. The well-established coffee shop, known for its excellent coffee, pastries, and welcoming atmosphere, enjoys a strong reputation within the Mitchell community and attracts both locals and tourists. Adding to the investment potential, the property includes two spacious, rentable apartments on the upper floor, providing a consistent stream of additional rental income. These apartments offer a comfortable and homey living space, complementing the overall charm of the building. The asking price for this turnkey operation is $335,000. This is a rare chance to acquire a profitable, established business with significant rental income potential in a desirable location. The property's combination of a successful coffee shop and rental units offers a unique and attractive investment opportunity. Don't miss this chance to own a piece of Mitchell's vibrant community.

Highlights

  • $335,000 asking price for this established business.
  • 3,350 square foot building, including a thriving coffee shop and two rental apartments.
  • Located at 312 N Main St, Mitchell, SD 57301, near the Corn Palace.
  • Two-story building, renovated in 1910.
  • For sale by owner.

Property Details for 312 Main St

Property type
Square Feet
3,350 SF
Year Renovated
1910
Stories
2

Location Insight

City
Mitchell
County
Davison
State
South Dakota
Latitude
43.7119762
Longitude
-98.0251692
312 Main St, Mitchell, South Dakota

FAQs

What type of property is this?
Commercial real estate - Established business, rental income included.
Where is the commercial real estate located?
The property is located at 312 Main St Mitchell, SD.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: $335,000 asking price for this established business.; 3,350 square foot building, including a thriving coffee shop and two rental apartments.; Located at 312 N Main St, Mitchell, SD 57301, near the Corn Palace.
How can I contact the broker?
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312 Main St
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