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    130 Lewis Ave Watertown, MN 55388

    For Sale
    $299,000

    Updated storefront, prime location, high storage.

    Property size:
    1,584 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional retail property at 130 Lewis Avenue South in Watertown, Minnesota presents a fantastic investment opportunity. Boasting a total of 1,584 square feet on a 0.09-acre lot, this centrally located storefront has undergone extensive recent renovations. The main floor offers a versatile layout, seamlessly blending 1,395 square feet of retail and office space at the front with a 855 square foot workshop area at the rear, complete with a convenient loading dock. The substantial updates include a completely new front facade, a durable metal roof, and upgraded attic insulation for enhanced energy efficiency. New front and back doors, a basement moisture barrier, a modern AC unit, and two updated electrical panels ensure optimal functionality and comfort. A new hot water heater completes the extensive list of improvements. The significant investment in these upgrades minimizes future maintenance concerns. Beyond the main floor, a massive 2,250 square foot warehouse space in the basement provides unparalleled storage capacity, ideal for inventory or equipment. This turnkey property is ready for immediate occupancy and poised to thrive in Watertown's vibrant downtown area. The heavy lifting is done

    Property Features for 130 Lewis Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,584 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Florist Butcher Garden Center Carpet & Flooring Store Department Store Accounting Firm Plumbing Service Wholesale Shop Kitchen & Bath Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Carver
    State
    Minnesota
    Longitude
    -93.84751
    Latitude
    44.96285

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    FAQs

    What type of property is this?
    Retail property - Updated storefront, prime location, high storage.
    Where is this retail property located?
    The property is located at 130 Lewis Ave Watertown, MN.
    What is the asking price?
    The asking price for this property is $299,000.
    (651) 698-8006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    130 Lewis Ave Watertown, MN 55388
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