Watertown, MN Commercial Real Estate for Sale

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Updated: Dec 27, 2024

Watertown Garage Condo For Sale

721 Industrial Boulevard D5, Watertown, MN 55388

$295,500

1,500 sqft

1500 sq ft garage condo in the Workshops of Watertown.
Features in‑floor heat and 100‑amp electrical service.
The 16'x14' insulated garage door comes with an opener.
Benefit from a rough‑in for bathroom with shower and structured for future mezzanine.
Association provides lawn care, snow removal, refuse, and security.

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This listing looks promising.

Here's a quick look at some key insights for

721 Industrial Boulevard D5, Watertown, MN 55388

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$20K
Annual
Price @ 7% Cap

$291K
Suggested

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Updated: Mar 21

Flex Warehouse Garage Unit

721 Industrial Boulevard #B4, Watertown, MN 55388

$197,500

1,490 sqft

Move‑in ready 2022 flex commercial garage unit with finished sheetrock walls and durable tin vaulted interior (16'-20' ceilings)
14' insulated overhead door with opener for easy access and loading
Heated and cooled with in‑floor heat and A/C; includes LED lighting and 100‑amp electrical service with multiple outlets
Each adjoining unit includes its own bathroom, plus a 40' x 10' mezzanine for storage or workspace
Fire suppression system, floor trench drain, and spray foam/blown‑in insulation

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To-Be-Built Workshop Garage Unit

721 Industrial Boulevard #E17, Watertown, MN 55388

$193,870

1,093 sqft

New Phase II garage unit planned with in-floor heat, fire suppression, and insulated overhead door.

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Garage Flex Warehouse Unit

721 Industrial Boulevard #E15, Watertown, MN 55388

$178,870

1,090 sqft

New 1,090 sf garage flex unit planned for Phase II, featuring in-floor heat, 100 amp service, and a trench drain.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Garage Flex Unit

721 Industrial Boulevard #E7, Watertown, MN 55388

$164,920

1,005 sqft

New commercial garage flex unit with in-floor heat, fire suppression, and rough-in plumbing in an association-maintained workshop setting.

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Flex Garage Unit

721 Industrial Boulevard #E11, Watertown, MN 55388

$164,920

1,005 sqft

To-be-built flex garage unit with insulated door, in-floor heat, 100-amp service, and fire suppression.

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Garage Condo Flex Warehouse

721 Industrial Boulevard #D3, Watertown, MN 55388

$246,250

1,250 sqft

Garage condo flex unit with insulated door, in-floor heat, 100-amp power, and a fire suppression system.

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Garage Condo Flex Space

D4-721 Industrial Blvd, Watertown, MN

$246,250

1,250 sqft

Garage condo flex unit with insulated door, in-floor heat, 100-amp power, and a floor trench drain.

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Deeded Flex Storage Units

721 Industrial Blvd, Watertown, MN 55388

Contact for pricing

1,490 sqft

Built in 2022, Units B3 and B4 are deeded flex storage spaces suitable for vehicles, boats, or workshop use.

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Move-In Ready Flex Garage Unit

B4-721 Industrial Blvd, Watertown, MN

$197,500

Finished flex garage space with insulated overhead door, vaulted ceilings, and dedicated bathroom plus mezzanine storage.

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Flexible Garage Units

B3-721 Industrial Blvd, Watertown, MN

$197,500

Adjoining B3 and B4 flex/garage units offer 14' insulated overhead doors, in-floor heat, A/C, and private bathrooms.

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Garage Condo Flex Space

721 Industrial Boulevard #D2, Watertown, MN 55388

$246,250

1,250 sqft

Commercial/multi-use zoning supports business occupancy in a newly built workshop unit.

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Flex Storage Condo with In-Floor Heat

C15-721 Industrial Blvd, Watertown, MN

$185,000

Resale unit includes electrical upgrades, polyaspartic floor coating, in-floor heat, and a floor drain.

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Upgraded Storage Garage Condo

A4-721 Industrial Blvd, Watertown, MN

Contact for pricing

Upgraded garage condo includes epoxy floors, half bath, and a 416 SF mezzanine with secured gated access and cameras.

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Flex Garage Workshop Unit

E17-721 Industrial Blvd, Watertown, MN

$193,870

Planned garage workshop unit with in-floor heat, insulated door, and 100-amp electrical service.

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Commercial Retail Land Lot

536 Industrial Blvd, Watertown, MN 55388

$80,000

0.64 AC lot

Commercial-Retail zoned land lot with utilities available and convenient access to major highways.

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Commercial Retail Land Parcel

575 Industrial Blvd, Watertown, MN 55388

$101,250

0.81 AC lot

0.81-acre parcel zoned Commercial-Retail with utilities available and paved road access.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Watertown, MN, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

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.

INDUSTRIAL (GENERAL)

721 Industrial Blvd, Watertown, MN 55388-4303

Unit C17

Value Estimation by Request

0.09 AC lot

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INDUSTRIAL (GENERAL)

721 Industrial Blvd, Watertown, MN 55388-4303

Unit D6

Value Estimation by Request

0.11 AC lot

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MANUFACTURING (LIGHT)

2840 Hwy 25, Watertown, MN 55388-9356

$790,000

Estimated value

4,978 sqft 4.62 AC lot

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INDUSTRIAL (GENERAL)

2910 Hwy 25, Watertown, MN 55388-8329

$1,110,000

Estimated value

7,680 sqft 7.30 AC lot

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CONVENIENCE STORE

212 Newton NE Ave, Watertown, MN 55388-9301

Value Estimation by Request

2,496 sqft 1.20 AC lot

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RESTAURANT

117 Lewis S Ave, Watertown, MN 55388-4521

Value Estimation by Request

2,040 sqft 0.13 AC lot

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OFFICE BUILDING

130 Lewis S Ave, Watertown, MN 55388-4521

Value Estimation by Request

2,400 sqft 0.09 AC lot

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Watertown, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Watertown, MN, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 12,422 square feet of properties for sale, with an estimated market value of $2,889,450.

Sale prices for business properties in Watertown, MN start at $80,000, averaging $192,630, 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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