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Mixed-Use Property with Retail Space
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804 2 ST SE + 208 8 AVE SE, Watertown, SD 57201

Commercial property featuring office and retail spaces in Watertown, SD.

Property Size3,528 SF
Price / SF$92.12
Days on Market103

Property Features for 804 2 ST SE + 208 8 AVE SE

General Information

Standard status Active
Size 3,528 SF
Property subtype Retail, Office, Mixed Use
Zoning C3

Building Details

Year Built 1959
Buildings 2
Units 2
Listing Agency: Diamond Realty
Listed By: Joe Snyder · License #SD 15479
Source: Crexi
Added: May 21 Changed: Aug 16 Last Checked: Aug 29 at 12:48AM

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 Diamond Realty

Investment Insights

Based on property information with market context.

This commercial property includes two separate buildings located one block from Highway 212. The first building, constructed in 1959, is a professional office with a detached garage. The second building, built in 2020, features 648 square feet of retail space and an attached 1,152-square-foot shop. The property offers a total size of 3,528 square feet and is located in Watertown, SD.

Key Highlights

  • Two separate buildings offer diverse usage possibilities (office, retail, shop).
  • Newer building (2020) provides modern retail and shop space (648 SF retail, 1,152 SF shop).
  • Convenient location just one block from Highway 212.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Bakery Barber Shop (Bike/Boat/Book/etc) Store Electrical Service Daycare Center

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

233
Businesses Nearby

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 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?
Mixed-use property - Commercial property featuring office and retail spaces in Watertown, SD.
Where is this mixed-use property located?
The property is located at 804 2 ST SE + 208 8 AVE SE Watertown, SD.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two separate buildings offer diverse usage possibilities (office, retail, shop).; Newer building (2020) provides **modern retail and shop space** (648 SF retail, 1,152 SF shop).; Convenient location just one block from Highway 212.
More about this property
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