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315 E Kemp Ave Watertown, SD 57201

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For Sale
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63-unit apartment building, 90% complete, in Watertown, South Dakota.

Property size:
95,544 SF
Lot size:
0.84 Acres

Property Features for 315 E Kemp Ave

General Information

Standard status
Active
Zoning
C1 - Community Commercial
Size
95,544 SF
Lot size
0.84 Acres

Building Details

Year built
2025

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Listing Contact
Marcus Benson
Marcus Benson
Source: Crexi

Listing Agency: NAI Sioux Falls Listing Agent: Marcus Benson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Apartment Building in Watertown

This property, subject to a bankruptcy sale, is a new construction apartment building located in Watertown, South Dakota. The building comprises 63 apartments and is approximately 90% complete. The property's location offers proximity to local and national restaurant chains, gyms, parks, and other community amenities. This presents an opportunity for an investor to complete construction and establish a new residential community within a growing city. The property size is 95544 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center HVAC Service Electrical Service Car Rental Facility Bakery

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

Location Insight

  • Map
  • Local Demand
City
Watertown
County
Codington
State
South Dakota
Longitude
-97.1699
Latitude
44.9156

FAQs

What type of property is this?
Apartment building - 63-unit apartment building, 90% complete, in Watertown, South Dakota.
Where is this apartment building located?
The property is located at 315 E Kemp Ave Watertown, SD.
What are key features of this property?
This property features: - Opportunity to acquire a 63-unit apartment building in a growing city.; - Brand new construction (Year Built: 2025), 90% complete.; - Located in a desirable area of Watertown, South Dakota.
More about this property
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