Commercial $ 2,200,000

114 -122 E Kemp Ave

Watertown, SD 57201

  • 45,039 SqFt
  • 1900 Year Built
Located in the heart of Watertown, this mixed-use building features 22 total units — a combination of commercial storefronts and residential apartments. Long-term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop. Strong rental history with detailed financials available upon signing an NDA. The unfinished basement offers excellent potential for future expansion or added revenue streams. A rare chance to own one of downtown's cornerstone income properties!
Listed by Better Homes and Gardens Real Estate Beyond

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Retail

    Listing Status Active

    Purchase Type For Sale

    Square Footage 45, 039 sqft

    Price per Sqft $48

    Subdivision Other - Outside Jurisdiction

    MLS Listing ID 22508767

    Year Built 1900

    Annual Tax Amount $11,050

    Property Sub-Type Retail

  • Location

    State SD

    County Other (out Of Jurisdiction)

    Area Other

    Zoning Commercial

  • Building

    Story 2.0

  • Interior

    Flooring Carpet, Concrete, Laminate, Luxury Vinyl Plank, Vinyl

  • Exterior

    Roof Type Rubber

CONTACT

Brandon Martens

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