Johnson Block Building

For Sale

117 East 3rd Avenue, Mitchell, SD 57301

This Mitchell property for sale is located at 117 East 3rd Avenue. The current listed sale price for Johnson Block Building is $2,050,000. Johnson Block Building is situated on a lot that is 0.33 acre in size.

Contacts

broker
Marcus Mahlen, CCIM, SIOR

NAI Sioux Falls

Property Details

  • Property Type Retail - Street Retail
  • Property Size 51,600 SF
  • Lot Size 0.33 Acre
  • Year Built 1915
  • Date Updated May 12, 2025
Located in the heart of Mitchell, just down the street from the Corn Palace 500,000 annual visitors in Mitchell Cotenants include Michelle's Mad Batter and 3rd Ave SalonDowntown Mitchell location with excellent visibility and foot traffic Historic building full of character and architectural charm Zoning: Central Business 3-story mixed-use property with income-generating potential 5 commercial spaces and 1 storage space 15 residential apartments (77.8% occupancy) Gross Annual Revenue: $191,700 5 Studio 6 One Bed / One Bath 2 Two Bed / One Bath 1 Three Bed / One Bath 1 Five Bed / Two Bath (currently operating as an Airbnb) Building signage available Endless possibilities. Historic charm. Great location.One small retail/office space and a 3-level retail/office space available Small retail/office space is currently open, but can be closed off Large retail/office space can be subdivided - with optional 10,000+ SF of lower level storage Building signage available TI Allowance negotiable Motivated landlord - will work out terms with any interested tenant
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Highlights

  • 1 Five Bed / Two Bath (currently operating as an Airbnb)
  • 1 Three Bed / One Bath
  • 15 residential apartments (77.8% occupancy) Gross Annual Revenue: $191,700
  • 2 Two Bed / One Bath
  • 3-story mixed-use property with income-generating potential
  • 5 commercial spaces and 1 storage space
  • 5 Studio
  • 6 One Bed / One Bath
  • Building signage available
  • Downtown Mitchell location with excellent visibility and foot traffic
  • Endless possibilities. Historic charm. Great location.
  • Historic building full of character and architectural charm
  • Zoning: Central Business

Getting around

  • 75/100

    Walk Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mitchell, SD
  • Zip Code 57301

Points of Interest

  • Casey's General Store

    0.14 miles

  • Freedom

    0.48 miles

  • M & H

    0.66 miles

  • Clark

    0.68 miles

  • Cenex

    0.79 miles

  • Little Dukes

    1.09 miles

  • Sinclair

    1.19 miles

  • Tesla Destination Charger

    1.22 miles

  • Shell

    1.27 miles

  • Circle K

    1.30 miles

  • Free Public Parking

    0.10 miles

  • Davison County

    0.14 miles

  • Public Parking

    0.14 miles

  • Whittier Bldg

    0.28 miles

  • Free public parking

    0.30 miles

  • Park & Trail

    0.47 miles

  • Hitchcock Park & Pool

    0.79 miles

  • Semi Truck Parking

    1.61 miles

  • La Tequilera Mexican Food

    0.10 miles

  • Zesto

    0.19 miles

  • The Back 40

    0.20 miles

  • The Depot Pub & Grille

    0.23 miles

  • Mya's Teriyaki

    0.30 miles

  • Domino's

    0.31 miles

  • Taco John's

    0.41 miles

  • Hungry Dog

    0.45 miles

  • Daylight Donuts

    0.46 miles

  • Subway

    0.47 miles

  • Runnings

    1.01 miles

  • Coborn's Superstore

    1.11 miles

  • County Fair Food Store

    1.15 miles

  • Walmart Supercenter

    1.96 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Marcus Mahlen, CCIM, SIOR

NAI Sioux Falls

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