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32313394

1515 N Sanborn Blvd Unit 1, Mitchell, SD 57301-1021

PB
21795
Ace Realty
Listed by Ace Realty
$650,000
32 days on market
Updated 32 days ago

1515 N Sanborn Blvd Unit 1

Details
Property Type Office
Sub Type Traditional Office, Creative Office (+1)
Square Footage 18,280
Tenancy Vacant
Year Built 1987
Year Renovated 2021
Stories 1
Zoning Highway Oriented Business

Professional Office Space and Production Space | 18,280 SqFt

Marketing description

Expansive 75,800 SF professional office building is available for purchase as three individually conveyed units offering flexibility for multi-tenant use. Final legal descriptions will be determined by survey and/or plat. All units have individually metered water and gas. Units 1 and 2 currently share electric service, but the prior electrical contractor has indicated service can readily be split.

Located within the HB – Highway Oriented Business District, the property is well‑positioned for a wide range of commercial and professional uses. The structure is a wood‑frame building with brick veneer, providing a classic and durable exterior. A new roof was installed across the entire building in January 2021.

The building is being sold as‑is, with noted drywall and ceiling tile damage. All existing office furniture, cubicles, tables, chairs, wall art, and appliances present at the time of sale will be included, offering a turnkey opportunity for future owners or tenants.

Interior spaces benefit from abundant natural light thanks to generous perimeter windows, while the grounds feature mature, well‑maintained landscaping that enhances curb appeal. A large exterior parking lot serves the property and will require an easement agreement.

This property presents a rare opportunity for investors or owner‑occupants seeking substantial office space with flexible configuration options and strong commercial zoning.

Unit 1 comprises the south 18,280 SF portion of the original 1987 construction and is prominently positioned on a corner lot, offering excellent visibility and accessibility. The layout provides a balanced mix of office, production, and specialized infrastructure to support a wide range of business operations.

The front of the unit features a large reception area leading to numerous private offices (approximately 9.5’ x 9.5’) along with larger offices and conference rooms situated along the east and south perimeters. Approximately 8,000 SF has been converted into a large production area, complete with concrete floors and open ceilings up to 12 feet, as well as a loading dock for efficient shipping and receiving.

A dedicated 28’ x 16’ data center is built with enhanced fire protection and climate controls, supporting high‑demand IT environments. The unit is also equipped with one working Cummins generator, configured to provide backup power within this space.

The exterior includes approximately 60 parking spaces, inclusive of spaces needed for loading dock access. An 8’ x 8’ outdoor storage shed is located on the west side of the building, offering additional utility.

A potential sales‑leaseback arrangement may be negotiated with the current building owner for a small portion of the space, providing flexibility for investors or owner‑occupants seeking partial tenancy.

Investment highlights

  • 18,280 Sq. Ft. of Professional Office/Production Space
  • One-Story Building with Brick Exterior Built in 1987
  • Zoned Highway Oriented Business
  • Front Reception Area
  • Variety of Private Office Sizes/Conference Rooms
  • Dedicated 28' x 16' Data Center
  • Approx 8,000 Sq. Ft. Production Area w/ 12' Ceilings and Loading Dock
  • New Roof in 2021
  • Estimated 2026 Taxes: $9,000

Listing Contacts

PB
21795
Ace Realty
Listed by Ace Realty

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