Mixed-Use Building with
For Sale
Contact for pricing
Pending
16 W Kemp Ave, Watertown, SD 57201
Older mixed-use building featuring a ground-floor restaurant and residential units.
Property Size9,700 SF
Days on Market938
Property Features for 16 W Kemp Ave
General Information
Standard status
Pending
Size
9,700 SF
Property subtype
Mixed Use, Multifamily, Retail
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Year Built
1904
Year Renovated
2017
Buildings
1
Stories
2
Units
3
Listing Agency:
eXp Realty
Listed By:
Todd Syhre · License #SD 20428
(605) 880-1575
Source:
Crexi
Added: Feb 20, 2024
Changed: Sep 10
Last Checked: Sep 15 at 4:04AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This older, one-of-a-kind mixed-use building combines a ground-floor restaurant with residential units above. The property’s layout supports dual use in a single structure, with the restaurant operating at street level and the residential space providing additional income potential.
Located at 16 W Kemp Ave in Watertown, South Dakota, the building is positioned to serve the local market with both dining and housing under one roof. The combination of restaurant space and residential units creates a diversified property profile that may appeal to owners looking for multiple revenue streams.
If you’re considering a mixed-use asset in Watertown, this property offers an established restaurant component alongside residential living space within the same building.
Located at 16 W Kemp Ave in Watertown, South Dakota, the building is positioned to serve the local market with both dining and housing under one roof. The combination of restaurant space and residential units creates a diversified property profile that may appeal to owners looking for multiple revenue streams.
If you’re considering a mixed-use asset in Watertown, this property offers an established restaurant component alongside residential living space within the same building.
Key Highlights
- Built in 1904, this older mixed‑use building blends historic character with modern use.
- Ground‑floor restaurant is established and operates as part of the property’s mixed‑use setup.
- Includes residential units in addition to the ground‑floor restaurant.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Older mixed-use building featuring a ground-floor restaurant and residential units.
Where is this mixed-use property located?
The property is located at 16 W Kemp Ave Watertown, SD.
What are key features of this property?
This property features: Built in 1904, this older mixed‑use building blends historic character with modern use.; Ground‑floor restaurant is established and operates as part of the property’s mixed‑use setup.; Includes residential units in addition to the ground‑floor restaurant.
