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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

889-925 10Th Ave Watertown, SD 57201

20,260 SF 1.32 ac lot Built 2011
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2011
Total area 20,260 SF
Lot 1.32 ac (57,499 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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