309 8th Ave SE, Watertown, SD 57201

Building Details

Year Built

1948

Listing office t***@expcommercial.com Show Phone

Listing date Jun 25, 2026

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Overview

The Cottage Apartments is a multifamily apartment building featuring 45 modern units designed for comfort and flexibility. Suites are fully furnished and include amenities intended for turnkey living, such as a Smart TV, microwave, and mini-fridge. The property’s unit setup supports both short-term and long-term leasing arrangements.

Located at 309 8th Ave SE in Watertown, South Dakota, the building is positioned in the community with address-specific access for leasing and buyer due diligence. The offering is presented as a single multifamily asset for sale.

This property can fit tenants and operators seeking furnished apartment accommodations with in-unit convenience items already provided. For businesses or buyers evaluating management of either short-term stays or traditional longer-term tenancies, the current unit configuration is designed to accommodate both approaches. As with any investment or operating strategy, prospective parties should review unit mix, lease terms, and operating requirements during the underwriting and due diligence process.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Watertown

County

Codington

State

South Dakota

Longitude

-97.1122149

Latitude

44.8907249

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FAQs

What type of property is this?

Apartment building - Multifamily property with 45 modern furnished units offering short- or long-term leasing flexibility.

Where is this apartment building located?

The property is located at 309 8th Ave SE Watertown, SD.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: Cottage Apartments in Watertown, SD: 45‑unit multifamily property; Year built: 1948; Units offer short‑term or long‑term leasing options