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Pelican, SD Multifamily Properties for Sale

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Historic Watertown Mixed-Use
$725,000
9,700 SF

Historic Watertown Mixed-Use

16 Kemp Ave, Watertown, SD 57201

Thriving restaurant, apartments. High occupancy.

  • $725,000 asking price for a mixed‑use property.
  • 9,700 square feet on a 6,000 square foot lot.
  • 100% occupancy with three units.
  • Historic building, built in 1904, renovated in 2017 and 2023.
  • Two‑story building with a full‑service restaurant, bar, and apartments.
Last Update: Dec 11, 2024
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Watertown Mixed-Use Portfolio
$1,700,000
52,642 SF

Watertown Mixed-Use Portfolio

1 Kemp And 6 - 8, Watertown, SD 57201

Historic Charm, Prime Location, High Potential

  • $1,700,000 asking price for a mixed‑use property in Watertown, SD.
  • Value‑add investment opportunity with a Class C designation.
  • 52,642 square feet across four buildings, totaling three stories.
  • Multi‑tenant property with eight tenants and 72% occupancy.
  • Net lease structure with 3‑5% annual rent bumps.
Last Update: Dec 11, 2024
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Pelican, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Huron Multifamily Investment Opportunity
$3,500,000
30,624 SF

Huron Multifamily Investment Opportunity

36-unit apartment complex with expansion potential in Huron, South Dakota.
480 Jersey Ave NE, Huron, SD 57350
View details
Huron Multi-Unit Investment Opportunity
$165,000
2,184 SF

Huron Multi-Unit Investment Opportunity

Well-maintained 3-unit apartment building in Huron, South Dakota.
38 7Th St NE, Huron, SD 57350
View details
Updated Triplex in Aberdeen, SD
$349,000

Updated Triplex in Aberdeen, SD

Well-maintained triplex with updated units, ideal for stable cash flow.
617 S Wells St, Aberdeen, SD 57401
View details
Remodeled Multi-Family Home in Aberdeen
$315,000

Remodeled Multi-Family Home in Aberdeen

Updated multi-family home with three levels and separate entrance.
302 S Harrison St, Aberdeen, SD 57401
View details

Explore Off-Market Properties in Pelican, SD

Consider similar Off-Market properties in Pelican, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

16 Kemp Ave

16 Kemp Ave

Restaurants • 9,700 SF
Value Estimation by Request
16 Kemp Ave, Watertown, SD 57201
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315 Kemp Ave

315 Kemp Ave

Individual retail properties • 95,962 SF
Value Estimation by Request
315 Kemp Ave, Watertown, SD 57201
View details
1 Kemp And 6 - 8

1 Kemp And 6 - 8

Individual retail properties • 52,642 SF
Value Estimation by Request
1 Kemp And 6 - 8, Watertown, SD 57201
View details

Pelican, SD Multifamily Properties Investment Opportunities Market Analysis

Explore 5 multifamily properties for sale in Pelican, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,425,000.

Prices for multifamily properties in Pelican, SD start at $0.00, averaging $606,250, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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