Search
Downtown Building with Tenant
For Sale
$255,000

18 E KEMP AVENUE, Watertown, SD 57201

Commercial building in thriving downtown area with existing tenant.

Days on Market562

Property Features for 18 E KEMP AVENUE

General Information

Standard status Active
Property subtype Commercial/Industrial

Building Details

Year Built 1888
Listing Agency: HAUGAN NELSON REALTY, INC
Listed By: JOY NELSON
Source: Exitrealty
Added: Jan 16, 2025 Changed: Jul 10 Last Checked: Aug 1 at 10:32AM

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 HAUGAN NELSON REALTY, INC

Investment Insights

Based on property information with market context.

This commercial building is located in a thriving downtown area and offers excellent exposure. The building includes a second story and a partial basement. Currently, the property has a tenant in place.

Key Highlights

  • Excellent exposure in a thriving downtown atmosphere
  • Great downtown building
  • Tenant in place

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Electrical Service Law Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

852
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 19% Home Improvements & Furnishings 9%
Casey's Shops & Services
13,780 visits/mo 0.3 miles
SUBWAY Dining
4,686 visits/mo 0.4 miles
Commerce Bank Shops & Services
2,333 visits/mo 0.1 miles
Slumberland Furniture Home Improvements & Furnishings
1,419 visits/mo 0.1 miles
First Interstate Bank Shops & Services
1,119 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lago dakota del sur — WRC9+JC, Watertown, SD 57201

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building in thriving downtown area with existing tenant.
Where is this storefront property located?
The property is located at 18 E KEMP AVENUE Watertown, SD.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Excellent exposure in a thriving downtown atmosphere; Great downtown building; Tenant in place
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message