889-925 10Th Ave Watertown, SD 57201
This exceptional commercial property, located at 889-925 10th Ave SE in Watertown, South Dakota, presents a compelling investment opportunity. Boasting a substantial 20,260 square feet of space, this mixed-use building, constructed in 2011, sits on a generous 1.32-acre lot. The property's zoning is designated as Commercial, allowing for a diverse range of uses. Its prime location in Watertown's thriving commercial district, conveniently situated near highways 212 and 81, ensures high visibility and accessibility. The building currently houses a variety of tenants, providing a stable income stream for investors. The property's design incorporates a blend of larger units and smaller, suite-style offices, catering to a broad spectrum of potential occupants. This makes it an ideal acquisition for investors seeking to expand their portfolios or for owner-occupants looking to combine business operations with ownership. Detailed financial information is available upon execution of a non-disclosure agreement. The asking price for this remarkable property is $1,900,000. This is a rare opportunity to acquire a well-established, income-producing commercial property in a rapidly growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.