210 Water St Watertown, WI 53094

Property Details for 210 Water St

Lot size

0.73 lot acres

Property type

Commercial real estate

APN

291-0815-0421-147

APU

29108150421147

Description

This exceptional investment opportunity presents a fully leased, 28,500 square foot shopping center located at 210 S Water St, Watertown, WI 53094. The property consists of two buildings situated on a 1.3-acre lot, encompassing fourteen individual units. Currently boasting 100% occupancy, this multi-tenant retail center offers a strong, stable income stream. The asking price is $2,490,000, translating to $87.37 per square foot. The main building houses a variety of retail shops, while an adjacent building features a shared patio area and contributes to the overall portfolio. Included in the sale is a dedicated office building. One unit is owner-occupied, providing potential for owner-user scenarios. A significant advantage is the ample parking available. This prime location is within walking distance of the new Watertown Library/Community Center and the under-construction Town Square, and sits directly across from three multi-family apartment complexes, ensuring high foot traffic and visibility. Restaurant equipment is included in the designated restaurant space. This property represents a unique opportunity to acquire a historically significant investment in a rapidly developing area of downtown Watertown.