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    10 Broadway Watertown, SD 57201

    Sponsored
    For Lease
    $19 SF/Yr

    Downtown Watertown, SD - Modern Office Suites

    Lot size:
    2,382 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This newly constructed, 2,382 square foot retail/office space is ideally located in the heart of downtown Watertown, South Dakota. The property, known as The Lofts, offers one available suite within a four-suite building, providing a flexible floorplan adaptable to various tenant needs. The space is currently shell space, allowing for customization to perfectly suit your business requirements. A significant benefit is the $25.00 per square foot tenant improvement allowance, significantly reducing upfront costs. The building boasts prominent signage opportunities, enhancing visibility and brand recognition. This prime location offers exceptional walkability to numerous restaurants, shops, entertainment venues, and ample public parking. The building already houses established businesses such as VisionPoint, Prevail Realty, and Wells Fargo Advisors, creating a strong and desirable commercial environment. Situated at 10 N Broadway, Watertown, SD 57201, in Codington County, this property presents a unique opportunity for businesses seeking a vibrant and convenient downtown location. The property is classified as both Traditional and Creative Office space, making it suitable for a wide range of businesses. This is a multi-tenant building offering a thriving commercial atmosphere.

    Property Features for 10 Broadway

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,382 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,382 SF
    Rate per SF
    $19

    HighLights

    • 2,382 square foot retail/office space in downtown Watertown, SD.
    • One available suite in a four‑suite building with a flexible floorplan.
    • $25/SF tenant improvement allowance.
    • Prominent signage opportunities and high visibility.
    • Excellent walkability to amenities and ample public parking.
    • Located at 10 N Broadway, Watertown, SD 57201.
    Property Profile Location Intelligence

    Current Use by Public Records

    Visionpoint Financial Institution Jeff's Vacuum Center Vacuum Cleaner Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Codington
    State
    South Dakota
    Longitude
    -97.1141956
    Latitude
    44.9009041

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    Nearby Similar for Lease

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      Prime Retail Space in Watertown

      Strategically located retail space ready for tenant build-outs.
      911-937 29Th St SE, Watertown, SD 57201
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      Watertown Shop Space Near I-29

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      Downtown Watertown Retail Space Available

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    FAQs

    What type of property is this?
    Office space - Downtown Watertown, SD - Modern Office Suites
    Where is this office space located?
    The property is located at 10 Broadway Watertown, SD.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 2,382 square foot retail/office space in downtown Watertown, SD.; One available suite in a four-suite building with a flexible floorplan.; $25/SF tenant improvement allowance.
    Request Owner's contact information
    10 Broadway Watertown, SD 57201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Broadway Watertown, SD 57201
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