Watertown, SD Commercial real estate for Rent & Lease

Updated: Jan 9, 2025

Upscale Retail Space Available

911 -3-4 SE 11TH SE STREET, Watertown, SD 57201

$12 SF/Yr

2,100 sqft · $2,100/Mo

Upscale community / specialty mall development.
Anchored by Montgomery's Furniture and Lewis Drug.
South‑facing unit with approximately 2,100 sf available.
Developer will subdivide and/or build to suit.
Warm vanilla box delivery option.

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Updated: Jul 20, 2024

New Strip Mall Near Highway

928 11TH SE STREET, Watertown, SD 57201

$23 SF/Yr

5,800 sqft · $11,116/Mo

Brand new strip mall construction (2024).
High‑traffic location off Highway 212 and Jenson Ave.
Located near Montgomery Furniture.
5800 sq ft available.
Divisible space for up to 4 tenants.

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Watertown Shop Space Near I-29

115 31st St NE, Watertown, SD

$6 SF/Yr

6,600 sqft · $3,437/Mo

6,600 SF shop space near I-29 in Watertown.

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Downtown Watertown Retail Space Available

15 1st St NW, Watertown, SD

$19 SF/Yr

1,900 sqft · $3,087/Mo

Retail space in a vibrant downtown location with onsite parking.

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Modern Office Space Available

715 S MAPLE STREET, Watertown, SD 57201

$9 SF/Yr

Modern office space for rent on South Maple Street.

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Retail Space Near Highway 212

909 10TH SE AVENUE, Watertown, SD 57201

$10 SF/Yr

2,363 sqft · $1,969/Mo

2,363 SF retail space in growing commercial district.

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Prime Retail Space in Watertown

911-937 29th St SE, Watertown, SD

$14 SF/Yr

6,895 sqft · $8,331/Mo

Strategically located retail space ready for tenant build-outs.

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Executive Office Spaces For Rent

10 N Broadway, Watertown, SD 57201

$15 SF/Yr

Newly constructed office spaces in downtown Watertown available for rent.

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Downtown Watertown Mixed-Use Property

15 1st St NW, Watertown, SD 57201

$19 SF/Yr

Mixed-use property with retail space in vibrant downtown location.

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Retail Space in Watertown Center

911 29th St SE, Watertown, SD 57201

$14 SF/Yr

Strip center near Walmart, with easy highway access.

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Retail Space Near Watertown Amenities

2643 10TH SE AVENUE, Watertown, SD 57201

$9 SF/Yr

1,872 sqft · $1,404/Mo

Retail space available for lease near shopping and dining.

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Well-Finished Office Complex in Watertown

3100 9TH SW AVENUE, Watertown, SD 57201

$1,885/Mo

3,338 sqft · $6 SF/Yr

3338 sq ft office unit for rent in Watertown.

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Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 12 Active listings in Watertown, SD, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 24 Properties for Sales.

Commercial real estate for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Functional Industrial Space in Marshall

1740 East College Drive, Marshall, MN 56258

$6 SF/Yr

12,000 sqft · $6,250/Mo

12,000 SF industrial facility in Marshall, Minnesota for lease.

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Madison Flex Property Near Airport

1520 NE 3rd St, Madison, SD

Contact for pricing

20,000 sqft

20,000 SF flex building on 5.02 acres for sale.

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Clean Warehouse Space For Rent

747 Washington Ave, Madison, SD

Contact for pricing

15,030 sqft

Clean, air-conditioned warehouse with dock-high doors near retail thoroughfare.

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72,000 SF Retail Opportunity

1200 Susan Dr, Marshall, MN 56258

$8 SF/Yr

72,000 sqft · $48,000/Mo

Former Shopko retail space available for lease in Marshall, Minnesota.

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Similar Spaces for Sale in Watertown, SD

Consider Similar Space for Sale. We found 24 Spaces matching your search parameters.

Watertown C-Store with Casino

103 5th St, Watertown, SD 57201

$1,750,000

3,360 sqft · 0.58 AC lot

High-traffic convenience store with casino at a prime corner location.

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Extended-Stay Hotel with Restaurant

101 N Broadway Street, Watertown, SD 57201

$1,875,000

35,976 sqft

Turnkey extended-stay property with updated guest rooms, a leased on-site restaurant, and an upstairs event space.

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Multi-Use Automotive and Retail Site

20-22 9th Ave SW, Watertown, SD 57201

$800,000

1.06 AC lot

Purchase includes newly installed fuel equipment, leased dispensary space, and flexible heated garage area.

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Freestanding Restaurant Building

817 9th Avenue Southeast, Watertown, SD 57201

$625,000

2,256 sqft

For sale freestanding restaurant building offering dedicated building use in Watertown.

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Highway 212 Commercial Property

211 9th Avenue Southeast, Watertown, SD 57201

$448,000

3,816 sqft

Commercial property on Highway 212 with two buildings.

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Mixed-Use Property with Retail Space

804 2 ST SE + 208 8 AVE SE, Watertown, SD 57201

$358,000

3,528 sqft

Commercial property featuring office and retail spaces in Watertown, SD.

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Commercial Building Near Highway 212

810 S MAPLE, Watertown, SD 57201

$298,000

1,800 sqft

Commercial building with tenant, near Highway 212, Watertown, SD.

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Downtown Three-Story Commercial Building

1 EAST KEMP AVENUE, Watertown, SD 57201

$1,500,000

Three-story building in thriving downtown Watertown.

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Watertown Commercial Property For Sale

889-925 10TH SE AVENUE, Watertown, SD 57201

$1,900,000

20,260 sqft · 1.32 AC lot

Commercial property with diverse tenants in growing Watertown district.

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Historic Mixed-Use Building For Sale

15 1st Ave SE, Watertown, SD 57201

$340,000

6,000 sqft

Mixed-use building with commercial tenants and residential apartments.

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Downtown Building with Tenant

18 E KEMP AVENUE, Watertown, SD 57201

$255,000

Commercial building in thriving downtown area with existing tenant.

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Highway 212 Income-Producing Property

20-22 9th Ave SW, Watertown, SD 57201

$800,000

46,294 sqft

Versatile commercial property with multiple income streams on high-traffic Highway.

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