897 10Th Ave Watertown, SD 57201
This exceptional 155-square-foot retail space, located at 897 10th Ave SE in Codington County, presents a fantastic opportunity for a single-tenant business. Built in 2011, this suite is situated within a well-maintained strip mall, the Jensen Avenue Plaza, offering convenient access and high visibility. The space boasts dimensions of 11'10" x 13'4" (Suite D) and is currently vacant, ready for immediate occupancy. The monthly rent of $325 includes all utilities, a significant advantage for cost-conscious entrepreneurs. Shared common restrooms are conveniently located within the office suites. The property is zoned for commercial use and benefits from its proximity to established businesses such as KXLG Radio and Montgomery's, ensuring high foot traffic and brand recognition potential. This turnkey solution eliminates the need for upfront utility setup and ongoing maintenance costs associated with common areas, allowing businesses to focus on growth and profitability. The property's modern construction and convenient location make it an ideal choice for a variety of retail ventures seeking a cost-effective and well-situated space. Don't miss this chance to establish your business in a thriving commercial environment.
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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
Similar Nearby for Sale
Similar Nearby for Lease
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.