8 2nd NE St Watertown, SD 57201-3777
- Commercial real estate
- 0.45 lot acres
Current Use by Public Records
- Quick Care Midtown / Urgent Care Center
- Downtown Drug Watertown / Pharmacy
- NATE, the Communications Infrastructure Contractors Association / Non-Profit Organization
- Veeder's Collision Center / Auto Body Shop
Property Details for 8 2nd NE St
- Lot size
- 0.45 lot acres
- Property type
- Commercial real estate
- APN
- 9358
- APU
- 9358
Description
This exceptional 2021-built, four-story mixed-use property in Watertown, South Dakota, presents a compelling investment opportunity. Located at 8 2nd St NE, this 51,985 square foot building sits on a 19,540 square foot lot and boasts a blend of residential and commercial spaces. The building comprises 36 units with an impressive 85% occupancy rate. The diverse tenant mix includes apartment units, a pharmacy/drug store, and a restaurant, creating a diversified income stream. The asking price is $7,410,000, translating to $142.54 per square foot. This modern building offers a unique combination of residential and retail spaces, providing investors with stability and growth potential in a thriving urban community. The property's prime location in Codington County, zip code 57201, ensures high visibility and accessibility. This is a turnkey investment opportunity with strong potential for long-term returns. The building's contemporary design and high-quality construction ensure lasting value. Don't miss this chance to acquire a well-established, income-producing asset in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $460,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Codington
- State
- South Dakota
- Longitude
- -97.1106
- Latitude
- 44.9002
- CBSA code
- 47980
- CBSA name
- WATERTOWN, SD MICROPOLITAN STATISTICAL AREA
