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Downtown Office Suite
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216 S 3rd St, Watertown, WI 53094

Newly renovated office space offers two large offices, reception and waiting areas, plus common-area restrooms.

Space Size1,324 SF
Property Size9,000 SF
Days on Market137

Property Features for 216 S 3rd St

General Information

Standard status Active
Size 1,324 SF
Class C
Total Parking Spaces 12
Property subtype Office, Retail
Lease Type Modified Gross

Additional Details

Office Units 2

Amenities

offices
reception area
waiting area
common area bathrooms

Building Details

Building Size 9,000 SF
Tenancy Single

Spaces For Lease

at 216 S 3rd St Contact us

Available Space

Size
1,324 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Blackdeer Investment Group
Listed By: Ryan Wagner · License #WI090192838
Source: Crexi
Added: Apr 22 Changed: Sep 4 Last Checked: Sep 5 at 1:01AM

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.

Newly renovated commercial office space offers two large offices, a reception area, a waiting area, and two common area bathrooms. The suite also includes a second entrance accessible from Jefferson Street.

The property is positioned in the heart of downtown Watertown, just off Main Street.

The space totals 1,324 square feet and is configured to support a front-facing reception and client waiting area alongside two private offices and shared restroom facilities.

Key Highlights

  • 1,324 SF newly renovated commercial office space in downtown Watertown, WI
  • Layout includes two large offices plus reception and waiting areas
  • Two common‑area bathrooms available

Property Analytics

Current Use

Rock River Chimney ... General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Auto Parts Store (Bike/Boat/Book/etc) 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.

Lease Details

2
Office units
NNN (Triple Net)
Lease Type
$17.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Office units - Newly renovated office space offers two large offices, reception and waiting areas, plus common-area restrooms.
Where is this office units located?
The property is located at 216 S 3rd St Watertown, WI.
What is the lease rate?
The lease rate is $119.52 SF/Yr.
What are key features of this property?
This property features: 1,324 SF newly renovated commercial office space in downtown Watertown, WI; Layout includes two large offices plus reception and waiting areas; Two common‑area bathrooms available
More about this property
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