41255 Sd Highway 38, Mitchell, SD 57301
585,011 SF Specialty Building Offered at $2,150,000 at a 11.24% Cap Rate in Mitchell, SD 57301
For Sale
Active
Asking Price $2,150,000
- Property Type
-
Specialty
- Square Feet
- 585,011 SF
- Price / Square Foot
- $4
Listing Contacts
- Property Info
Property Overview
Located right off a major interstate in Mitchell, South Dakota, this bustling overnight and short-term stay campground is typically open from May 1st through the end of October. The park has received numerous recent upgrades and has experienced excellent operating history. Situated on approx. 13 acres with room to expand, this park features 80 sites, including 34 full-service sites, 24 water and electricity sites, 4 electric sites, 3 electric metered sites, 10 tent sites, and 5 cabins. A mini-golf course and new playground set keeps the kids entertained for hours. The main building features the check-in area, a 575 sq. ft. general store stocked with camping and RV supplies and accessories, groceries, hot and cold beverages, local South Dakota beer, wine, cheese and souvenirs. In the main building you will also find the men’s and women's restrooms with private showers as well as a remodeled coin operated laundry facility. Other campground amenities include free WiFi, bike rentals, walking trails, a fenced-in dog run and a patio for gatherings, plus yard games including bean bag toss, giant Jenga and Connect-Four.
Mitchell, SD, is less than one hour west of Sioux Falls, SD, and is strategically located between major Midwest population centers (Chicago, Milwaukee, Minneapolis, etc.) and popular RV destinations such as the Black Hills, Yellowstone, and other national parks. With a population of more than 15,000, Mitchell boasts many local attractions of its own, including the World’s Only Corn Palace and Cabela’s retail center. Mitchell also has a strong employment base with very little unemployment, great schools (Dakota Wesleyan University, Mitchell Technical College, and high-quality public and private K-12 schools), excellent healthcare facilities (Sanford and Avera clinics and hospital), tremendous recreational activities (especially pheasant hunting in the fall), and affordable housing.
***Please, no site visits without an appointment with listing agent. Park is still operating for the season.
Mitchell, SD, is less than one hour west of Sioux Falls, SD, and is strategically located between major Midwest population centers (Chicago, Milwaukee, Minneapolis, etc.) and popular RV destinations such as the Black Hills, Yellowstone, and other national parks. With a population of more than 15,000, Mitchell boasts many local attractions of its own, including the World’s Only Corn Palace and Cabela’s retail center. Mitchell also has a strong employment base with very little unemployment, great schools (Dakota Wesleyan University, Mitchell Technical College, and high-quality public and private K-12 schools), excellent healthcare facilities (Sanford and Avera clinics and hospital), tremendous recreational activities (especially pheasant hunting in the fall), and affordable housing.
***Please, no site visits without an appointment with listing agent. Park is still operating for the season.
Property Details
- Class
- B
- Year Built/Renovated
- 1975/2022
- Stories
- 1
- Lot Size (sq. ft)
- 585,011 SF
Highlights
- Strategic location on Interstate 90 in Mitchell, SD.
- Well-maintained
- Profitable with excellent operating history
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