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Multi-Tenant Commercial Mall For Sale
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210 S Water St, Watertown, WI 53094

Multi-tenant commercial mall with office building and restaurant space.

Property Size28,500 SF
Price / SF$83.86
Days on Market1484

Property Features for 210 S Water St

General Information

Standard status Active
Size 28,500 SF
Property subtype Retail
Zoning Commercial
Occupancy 100%
Investment Type Owner/User

Building Details

Buildings 2
Stories 2
Units 14
Tenancy Multi
Listing Agency: Blackdeer Investment Group
Listed By: Ryan Wagner · License #WI090192838
Source: Crexi
Added: Aug 2, 2022 Changed: Aug 13 Last Checked: Aug 24 at 12:12AM

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 Blackdeer Investment Group

Investment Insights

Based on property information with market context.

This commercial property features an indoor, multi-tenant mall with 12 of 14 units currently leased, presenting a potential investment opportunity. The property includes an office building and restaurant space, with restaurant equipment included. It is located across from multiple new development buildings and is within walking distance of the community center, town square park, and main street. A large parking lot is available.

Key Highlights

  • High occupancy rate: 12 of 14 units are currently leased, providing immediate income.
  • Included office building expands the investment portfolio.
  • Restaurant space includes existing equipment, reducing start‑up costs for a restaurant tenant.

Property Analytics

Current Use

Watertown Players Theater Theater & Performing Art Venue Spartan Enterprises and Consulting Advertising Agency C&J BBQ AND SOUL ... Restaurant Watertown Antiques & Vintage Home Decor Store Intrepid Technologies Tech Support Center

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Electrical Service Garden Center Auto Parts Store

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

848
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53094, WI

18,510
Population
7,387
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
92%
High-School Grad
88.8 sq mi
ZIP Area
208
Density / Sq Mi
$71,973
Median Household Income
$40,673
Median Earnings
$1,039
Median Rent
$223,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Watertown Square 620 S Church St, Watertown, WI 53094
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant commercial mall with office building and restaurant space.
Where is this shopping center located?
The property is located at 210 S Water St Watertown, WI.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: High occupancy rate: 12 of 14 units are currently leased, providing immediate income.; Included office building expands the investment portfolio.; Restaurant space includes existing equipment, reducing start‑up costs for a restaurant tenant.
More about this property
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