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Pelican, SD Residential Income Properties for Sale

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Watertown Mixed-Use Investment Opportunity
$2,200,000
45,039 SF

Watertown Mixed-Use Investment Opportunity

114 -122 E Kemp Ave, Watertown, SD 57201

Mixed-use building in the heart of Watertown with long-term tenants.

  • Strong rental history with detailed financials available upon signing an NDA.
  • Prime location in the heart of Watertown.
  • Mixed‑use building with a combination of commercial storefronts and residential apartments.
  • Long‑term commercial tenants including Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop.
  • Unfinished basement offers excellent potential for future expansion or added revenue streams.
Updated: Nov 25, 2025
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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.
Updated: Dec 11, 2024
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Watertown Mixed-Use Portfolio
$1,700,000
52,642 SF

Watertown Mixed-Use Portfolio

Historic Charm, Prime Location, High Potential

1 Kemp And 6 - 8, Watertown, SD 57201
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Pelican, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Well-Kept Home with Insulated Garage
$285,000
2,349 SF

Well-Kept Home with Insulated Garage

Remarkable 1.5 story home with amenities and insulated garage.

143 W 1St St, Webster, SD 57274
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Updated Home on Large Lot
$195,000
1,468 SF

Updated Home on Large Lot

Well-maintained home with recent updates and ample yard space.

410 W 9Th Ave, Webster, SD 57274
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Versatile Commercial Property with Apartment
$220,000
4,675 SF

Versatile Commercial Property with Apartment

Spacious commercial building with open floor plan and upstairs apartment.

149 Dakota Ave S, Huron, SD 57350
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Well-Maintained 5-Plex Apartment Building
$630,000
5,744 SF

Well-Maintained 5-Plex Apartment Building

Single-level 5-plex built in 2005 with steady rental income.

2405-2416 Prairie Eagle Cir, Huron, SD 57350
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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
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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 Residential Income Properties Investment Opportunities Market Analysis

Explore 6 residential income properties for sale in Pelican, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,518,341 square feet of properties for sale, with an estimated market value of $3,400,000.

Prices for residential income properties in Pelican, SD start at $1,200,000, averaging $1,700,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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