Convenience Store & Fuel Development Opportunity
Parcel Size
2.90 Acres +/-
Parcel Size
126,324 SF +/-
Sale Price
$649,000
Price / SF
$5.14
Location Highlights
Explore 2.9 acres of Lake Mitchell land for sale at North Harmon Drive and North Ohlman Street in Mitchell, South Dakota. Overlooking the lake’s northeast shore, this shovel-ready commercial property is positioned within a growing residential, recreational, and employment corridor, adjacent to Peaceful Pines Senior Living and Legacy Pointe Apartments. Convenient access to Highway 37 connects the site to nearby traffic generators, including Mitchell Municipal Airport, the South Dakota National Guard Armory, and Pepsi-Cola Soccer Complex.
Description
- Delivered shovel-ready
- Zoned: CB
- All utilities to the site
- Allowed uses: Gas Station/Convenience Store; all other uses are restricted
- Lot qualifies for county liquor license
- Prominent position overlooking Lake Mitchell
- Nearest gas station competitor located 3.5 miles south
- Located within a prime Lake Mitchell development, highlighted by the new 54-unit Peaceful Pines Senior Living community and 38-unit Legacy Pointe apartment development
- Traffic counts of 1,100 VPD along N. Harmon Drive and 5,000 VPD along Highway 37
- Direct neighboring traffic generators include the South Dakota National Guard, Mitchell Municipal Airport, Pepsi-Cola Soccer Complex, Twin City Fan, and Enertech Global
- $11.1M public investment into the Mitchell Municipal Airport runway reconstruction project
- 49,000 visits to Lake Mitchell, representing approximately 14,700 unique visitors, according to Placer.ai