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    Watertown, MN Commercial Real Estate for Sale

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    Mayer, MN Delano, MN St Bonifacius, MN
    Move-In Ready Flex Garage Unit
    $210,000
    Move-In Ready Flex Garage Unit

    B4-721 Industrial Blvd, Watertown, MN

    Finished flex garage space with insulated overhead door, vaulted ceilings, and dedicated bathroom plus mezzanine storage.
    • Move‑in‑ready flex commercial garage with finished sheetrock walls and a 14' insulated overhead door with opener
    • 16'–20' vaulted ceilings with durable tin finish, plus LED lighting, in‑floor heat, and A/C
    • Includes 100‑amp electrical service with multiple outlets, floor trench drain, and fire suppression system
    • Spray foam/blown‑in insulation with separate bathroom for each unit and a 40' x 10' mezzanine for storage or workspace
    • Exterior features LP siding, asphalt shingle roof, and concrete aprons with an asphalt lot
    Updated: Mar 21
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    Watertown Garage Condos For Sale
    $197,500
    1,490 SF
    Watertown Garage Condos For Sale

    721 Industrial Blvd, Watertown, MN

    Versatile garage condos built in 2022, suitable for various uses.
    • Versatile space ideal for RVs, boats, car collections, workshops, studios, or business needs.
    • Potential income through personal use or premium storage rentals.
    • Modern, low‑maintenance construction, built in 2022.
    • Located in Watertown, offering accessibility and proximity to the Twin Cities.
    • Secure, deeded space offering ownership and potential appreciation.
    Updated: Sep 11, 2025
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    Watertown Garage Condo For Sale
    $295,500
    1,500 SF
    Watertown Garage Condo For Sale

    1500 SF garage condo with in-floor heat and amenities.

    721 Industrial Boulevard D5, Watertown, MN 55388

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Watertown, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Customizable Flex Space Unit
    $235,000
    1,568 SF
    Customizable Flex Space Unit

    Private unit customizable as office, warehouse, showroom, or garage.

    405-940 Mckinley Pkwy, Delano, MN 55328

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    Customizable Flex Space Unit
    $315,000
    1,520 SF
    Customizable Flex Space Unit

    Private unit customizable as office, warehouse, showroom, or garage.

    940 McKinley Pkwy #301, Delano, MN 55328

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    Minnetrista Storage and Warehouse Facility
    $2,500,000
    29,100 SF
    Minnetrista Storage and Warehouse Facility

    8.54-acre site with storage units and warehouse space for sale.

    4250 Creekview Cir, Minnetrista, MN 55375

    View details
    Vacant Land for Future Development
    $2,000,000
    11.73 Acres
    Vacant Land for Future Development

    11.73 acres of land guided for retail commercial development.

    4275 Creekview Cir, Minnetrista, MN 55375

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    Off-Market Properties in Watertown, MN

    Consider similar Off-Market properties in Watertown, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    721 Industrial Blvd, Unit C17
    INDUSTRIAL (GENERAL)
    Lot: 0.09 Acres
    Value Estimation by Request
    Unit C17

    721 Industrial Blvd, Watertown, MN 55388-4303

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    721 Industrial Blvd, Unit D6
    INDUSTRIAL (GENERAL)
    Lot: 0.11 Acres
    Value Estimation by Request
    Unit D6

    721 Industrial Blvd, Watertown, MN 55388-4303

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    2840 Hwy 25
    MANUFACTURING (LIGHT)
    4,978 SF Lot: 4.62 Acres
    Estimated value
    $790,000

    2840 Hwy 25, Watertown, MN 55388-9356

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    2910 Hwy 25
    INDUSTRIAL (GENERAL)
    7,680 SF Lot: 7.30 Acres
    Estimated value
    $1,110,000

    2910 Hwy 25, Watertown, MN 55388-8329

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    212 Newton NE Ave
    CONVENIENCE STORE
    2,496 SF Lot: 1.20 Acres
    Value Estimation by Request

    212 Newton NE Ave, Watertown, MN 55388-9301

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    117 Lewis S Ave
    RESTAURANT
    2,040 SF Lot: 0.13 Acres
    Value Estimation by Request

    117 Lewis S Ave, Watertown, MN 55388-4521

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    130 Lewis S Ave
    OFFICE BUILDING
    2,400 SF Lot: 0.09 Acres
    Value Estimation by Request

    130 Lewis S Ave, Watertown, MN 55388-4521

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    721 Industrial Blvd, Unit C15
    INDUSTRIAL (GENERAL)
    Lot: 0.09 Acres
    Value Estimation by Request
    Unit C15

    721 Industrial Blvd, Watertown, MN 55388-4303

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    405 Lewis S Ave
    MANUFACTURING (LIGHT)
    5,620 SF Lot: 0.48 Acres
    Value Estimation by Request

    405 Lewis S Ave, Watertown, MN 55388-4504

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    301 Territorial E St
    FINANCIAL BUILDING
    4,875 SF Lot: 0.91 Acres
    Estimated value
    $2,115,000

    301 Territorial E St, Watertown, MN 55388-9284

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    201 Lewis S Ave
    OFFICE BUILDING
    2,925 SF Lot: 0.10 Acres
    Value Estimation by Request

    201 Lewis S Ave, Watertown, MN 55388-4503

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    721 Industrial Blvd, Unit D7
    INDUSTRIAL (GENERAL)
    Lot: 0.11 Acres
    Value Estimation by Request
    Unit D7

    721 Industrial Blvd, Watertown, MN 55388-4303

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    721 Industrial Blvd, Unit C1
    INDUSTRIAL (GENERAL)
    Lot: 0.09 Acres
    Value Estimation by Request
    Unit C1

    721 Industrial Blvd, Watertown, MN 55388-4303

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    721 Industrial Blvd, Unit C7
    INDUSTRIAL (GENERAL)
    Lot: 0.08 Acres
    Value Estimation by Request
    Unit C7

    721 Industrial Blvd, Watertown, MN 55388-4303

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    Watertown, MN 55388
    INDUSTRIAL (GENERAL)
    1,640 SF Lot: 12.18 Acres
    Value Estimation by Request

    Watertown, MN 55388

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    104 Madison SW St
    OFFICE BUILDING
    729 SF Lot: 0.08 Acres
    Value Estimation by Request

    104 Madison SW St, Watertown, MN 55388-4549

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    721 Industrial Blvd, Unit D9
    INDUSTRIAL (GENERAL)
    Lot: 0.11 Acres
    Value Estimation by Request
    Unit D9

    721 Industrial Blvd, Watertown, MN 55388-4303

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    721 Industrial Blvd, Unit D8
    INDUSTRIAL (GENERAL)
    Lot: 0.11 Acres
    Value Estimation by Request
    Unit D8

    721 Industrial Blvd, Watertown, MN 55388-4303

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    309 Jefferson SW Ave
    MEDICAL BUILDING
    6,949 SF Lot: 1.30 Acres
    Value Estimation by Request

    309 Jefferson SW Ave, Watertown, MN 55388-8101

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    721 Industrial Blvd
    INDUSTRIAL (GENERAL)
    Lot: 3.81 Acres

    721 Industrial Blvd, Watertown, MN 55388-4303

    View details
    721 Industrial Blvd, Unit C11
    INDUSTRIAL (GENERAL)
    Lot: 0.08 Acres
    Value Estimation by Request
    Unit C11

    721 Industrial Blvd, Watertown, MN 55388-4303

    View details

    Watertown, MN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Watertown, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,990 square feet of properties for sale, with an estimated market value of $493,000.

    Sale prices for business properties in Watertown, MN start at $197,500, averaging $246,500, and reaching up to $295,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,974
    Population Growth (5Y) +2.0%
    Median Household Income $92,273
    College Educated 28.5%

    High-Yield Neighborhoods for Investment

    Identify Watertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55388 $295.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $42.15 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carver County

    New Delisted

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