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Retail Building in Downtown Watertown
For Sale
$175,000

206 EAST KEMP AVENUE, Watertown, SD 57201

Storefront property in a thriving downtown area, great exposure.

Property Size3,000 SF
Price / SF$58.33
Days on Market662

Property Features for 206 EAST KEMP AVENUE

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1964
Listing Agency: HAUGAN NELSON REALTY, INC
Listed By: JOY NELSON
Source: Exitrealty
Added: Oct 9, 2024 Changed: Jul 10 Last Checked: Aug 1 at 10:18AM

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.

Located in the thriving downtown area of Watertown, this 3,000 square foot building offers exposure for a retail business. Some remodeling has been completed. The property has a current tenant in place. It is suitable for use as a storefront.

Key Highlights

  • Thriving downtown location
  • Great exposure for a retail business
  • Current 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

839
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 0.2 miles
SUBWAY Dining
4,686 visits/mo 0.2 miles
Commerce Bank Shops & Services
2,333 visits/mo 0.2 miles
Slumberland Furniture Home Improvements & Furnishings
1,419 visits/mo 0.2 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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront property in a thriving downtown area, great exposure.
Where is this storefront property located?
The property is located at 206 EAST KEMP AVENUE Watertown, SD.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Thriving downtown location; Great exposure for a retail business; Current tenant in place
More about this property
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