For Sale
$2,995,000

1515 Sanborn Blvd Mitchell, SD 57301

75,800 SF Office Building, $2.995M

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional two-story, 75,800 square foot office building in Mitchell, South Dakota, is available for sale at $2,995,000. Currently configured as co-working space, it features a spacious reception area, multiple conference rooms, private offices, open work areas, a large shared break room with kitchen, and in-suite restrooms. The building includes a building elevator and boasts abundant natural light from perimeter windows. Existing furniture is negotiable for a turnkey solution. The property sits on a substantial 7.79-acre lot (110,889 square feet), offering significant expansion potential for additional buildings or parking, or the possibility of selling a portion to offset acquisition costs. Ample on-site parking is available, along with full-time on-site management and maintenance. 36,400 square feet is currently available for lease, subdividable into 7,000 square foot units. The property is zoned HB Highway Oriented Business District and is located at 1515 N Sanborn Blvd, Mitchell, SD 57301 (APN: 15090-00300-001-00, 15800-01600-101-80). The seller is open to considering sale-leaseback options and all subdivision opportunities. The price reflects a recent $1,000,000 reduction. This presents a unique opportunity to acquire a substantial, well-maintained office building in a desirable location.

Highlights

  • 75,800 SF building.
  • 36,400 SF available for lease, subdividable to 7,000 SF.
  • Two-story office space with elevator.
  • Features reception, multiple offices/conference rooms, open workspace, large breakroom/kitchen, and restrooms.
  • Existing furniture negotiable.
  • Abundant natural light from perimeter windows.

Property Details for 1515 Sanborn Blvd

Property type
Office properties, Coworking space
Square Feet
75,800 SF
Stories
2
Lot Size (sq. ft)
339,332 SF

Location Insight

City
Mitchell
County
Davison
State
South Dakota
Latitude
43.7234902
Longitude
-98.0300821
1515 Sanborn Blvd, Mitchell, South Dakota

FAQs

What type of property is this?
Office property - 75,800 SF Office Building, $2.995M
Where is the office property located?
The property is located at 1515 Sanborn Blvd Mitchell, SD.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 75,800 SF building.; 36,400 SF available for lease, subdividable to 7,000 SF.; Two-story office space with elevator.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1515 Sanborn Blvd
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