22-Unit Mixed-Use
For Sale
Contact for pricing
Pending
114 -122 E Kemp Ave, Watertown, SD 57201
Downtown building combining commercial storefronts with residential apartments and an unfinished basement.
Property Size45,039 SF
Days on Market277
Property Features for 114 -122 E Kemp Ave
General Information
Standard status
Pending
Size
45,039 SF
Property subtype
Special Purpose
Building Details
Buildings
1
Listing Agency:
Better Homes and Gardens Real Estate Beyond
(605) 261-9673
Listed By:
Brandon Martens · License #12821
Source:
Crexi
Added: Nov 26, 2025
Changed: Aug 30
Last Checked: Aug 30 at 6:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Beyond
Investment Insights
Based on property information with market context.
This mixed-use building at 114 -122 E Kemp Ave in Watertown, South Dakota, contains 22 total units arranged across commercial storefronts and residential apartments. The property includes an unfinished basement that may support future expansion or additional revenue-producing space, subject to applicable approvals.
Current long-term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop. Its downtown setting places the building in the heart of Watertown, with both retail and residential components incorporated into one property.
Current long-term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop. Its downtown setting places the building in the heart of Watertown, with both retail and residential components incorporated into one property.
Key Highlights
- 22 total units combining commercial storefronts and residential apartments
- Long‑term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop
- Unfinished basement offers additional space for future expansion
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 57201, SD
26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown building combining commercial storefronts with residential apartments and an unfinished basement.
Where is this mixed-use property located?
The property is located at 114 -122 E Kemp Ave Watertown, SD.
What are key features of this property?
This property features: 22 total units combining commercial storefronts and residential apartments; Long‑term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop; Unfinished basement offers additional space for future expansion
