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    Florence, SD Goodwin, SD Lake Norden, SD Arlington, SD Estelline, SD Clear Lake, SD
    Mixed-Use Building with Restaurant
    Updated: Feb 20, 2024
    Mixed-Use Building with Restaurant

    16 W Kemp Ave, Watertown, SD 57201

    Contact for pricing
    9,700 sqft
    Built in 1904, this older mixed‑use building blends historic character with modern use.
    Ground‑floor restaurant is established and operates as part of the property’s mixed‑use setup.
    Includes residential units in addition to the ground‑floor restaurant.
    Located in the heart of Watertown, South Dakota.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Pub with Camping
    Bar and Pub with Camping

    14521 485th Ave, Big Stone City, SD 57216

    $500,000
    10,224 sqft 11.41 AC lot

    The property combines a food-and-beverage operation with outdoor camping and included business equipment.

    View details
    Bar and Restaurant Space
    Bar and Restaurant Space

    317 Studdart Ave, Graceville, MN 56240

    Contact for pricing
    4,213 sqft

    Bar and restaurant space in Graceville operating for over 20 years, offering 4,213 SF for your next concept.

    View details
    Restaurant and Bar Facility
    Restaurant and Bar Facility

    14521 485th Ave, Big Stone City, SD 57216

    Contact for pricing

    Commercial venue with event space, outdoor camping, and business equipment included in the sale.

    View details
    Graceville Bar and Restaurant Opportunity
    Graceville Bar and Restaurant Opportunity

    317 Studdart Avenue, Graceville, MN 56240

    Contact for pricing
    4,087 sqft

    Thriving bar and restaurant in Graceville, Minnesota for sale.

    View details

    Off-Market Properties in Watertown, SD

    Consider similar Off-Market properties in Watertown, 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
    Restaurants

    16 Kemp Ave, Watertown, SD 57201

    Estimated value:
    by Request
    9,700 sqft
    View details

    Watertown, SD Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Watertown, SD on our real estate platform. These investment opportunities span a total of 9,700 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 26K
    Population Growth (5Y) +4.3%
    Median Household Income $64,809
    College Educated 27.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.34%
    Average Loan-to-Value 65.0%

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