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    Garage Condo at Workshops Watertown
    Updated: Jun 17, 2024
    Garage Condo at Workshops Watertown

    721 Industrial Boulevard Unit D5, Watertown, MN 55388

    $295,500
    1,500 sqft
    1500 sq ft garage condo in the Workshops of Watertown, offering ample space (30'x50').
    Includes in‑floor heat, 100‑amp electrical service, and a fire suppression system.
    Features a 16' w x 14' H insulated garage door with opener and a floor trench drain.
    Rough‑in for bathroom with shower and structured for future mezzanine.
    Association provides lawn care, snow removal, refuse, and security.
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    This listing looks promising.

    Here's a quick look at some key insights for

    721 Industrial Boulevard Unit D5, Watertown, MN 55388

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $291K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Finished Flex Space with Showroom
    Finished Flex Space with Showroom

    940 McKinley Parkway #108, Delano, MN 55328

    $249,900
    1,120 sqft

    Adaptable commercial unit with office, workshop, display, and garage functions in a 2023-built business center.

    View details
    Anchored Retail Outlot Space
    Anchored Retail Outlot Space

    951 West 78Th Street, Chanhassen, MN 55317

    Contact for pricing
    5,000 sqft

    Retail outlot with 5,000 SF available, offering convenient access and prominent visibility off Hwy 5.

    View details
    Office/Retail Suite
    Office/Retail Suite

    7955 Stone Creek Drive, Suite 110, Chanhassen, MN 55317

    Contact for pricing
    1,536 sqft

    For sale suite at 7955 Stone Creek Drive, Suite 110, offering office and retail flexibility in Chanhassen, MN.

    View details
    Customizable Flex Space Unit
    Customizable Flex Space Unit

    940 Mckinley Parkway, Delano, MN 55328

    Contact for pricing
    1,040 sqft

    Private 1,040 SF flex unit ready for customization.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Highway
    Commercial Land on Highway

    8331 Highway Seven, Minnetrista, MN 55375

    $299,900
    3.09 AC lot

    Zoned commercial 3.09-acre parcel on Hwy 7 with steady passing traffic potential for commercial development.

    View details
    Land For Sale Independence, MN
    Land For Sale Independence, MN

    9285 Highway 12, Independence, MN 55328

    $459,000
    2.47 AC lot

    2.47 acre commercial and industrial land for sale.

    View details
    Commercial/Industrial Land Parcel with Planned Zoning
    Commercial/Industrial Land Parcel with Planned Zoning

    5460 County Road 10, Victoria, MN 55318

    $4,500,000
    38.15 AC lot

    38.15-acre parcel planned for commercial/industrial zoning with roads and utilities being extended to the boundary.

    View details
    Chaska Land for Business Park
    Chaska Land for Business Park

    4848 Engler Boulevard, Chaska, MN 55318

    $7,400,000
    30.74 AC lot

    30.74 acres zoned "Business Park" in Chaska, Minnesota.

    View details

    Off-Market Properties in Watertown, MN

    Consider similar Off-Market properties in Watertown, MN. 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.

    212 Newton NE Ave
    CONVENIENCE STORE

    212 Newton NE Ave, Watertown, MN 55388-9301

    Value Estimation by Request
    2,496 sqft 1.20 AC lot
    View details
    117 Lewis S Ave
    RESTAURANT

    117 Lewis S Ave, Watertown, MN 55388-4521

    Value Estimation by Request
    2,040 sqft 0.13 AC lot
    View details
    301 Territorial E St
    FINANCIAL BUILDING

    301 Territorial E St, Watertown, MN 55388-9284

    $2,115,000
    Estimated value
    4,875 sqft 0.91 AC lot
    View details
    141 Lewis S Ave
    RETAIL STORES (PERSONAL SERVICES)

    141 Lewis S Ave, Watertown, MN 55388-4600

    Value Estimation by Request
    2,400 sqft 0.22 AC lot
    View details
    138 Lewis S Ave
    RETAIL STORES (PERSONAL SERVICES)

    138 Lewis S Ave, Watertown, MN 55388-4521

    Value Estimation by Request
    2,280 sqft 0.12 AC lot
    View details
    221 Lewis S Ave
    BARBER, HAIR SALON

    221 Lewis S Ave, Watertown, MN 55388-4636

    Value Estimation by Request
    414 sqft 2.64 AC lot
    View details
    220 Lewis S Ave
    RESTAURANT

    220 Lewis S Ave, Watertown, MN 55388-4503

    Value Estimation by Request
    2,160 sqft 0.09 AC lot
    View details
    2860 Hwy 25
    SHOW ROOM, WAREHOUSE

    2860 Hwy 25, Watertown, MN 55388-9356

    $725,000
    Estimated value
    4,800 sqft 4.37 AC lot
    View details
    516 Hwy 25
    PARKING GARAGE, PARKING STRUCTURE

    516 Hwy 25, Watertown, MN 55388

    $585,000
    Estimated value
    4,016 sqft 0.43 AC lot
    View details
    126 Lewis S Ave
    BAR, TAVERN

    126 Lewis S Ave, Watertown, MN 55388-4621

    Value Estimation by Request
    2,025 sqft 0.15 AC lot
    View details
    609 Jefferson SW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    609 Jefferson SW Ave, Watertown, MN 55388-9278

    Value Estimation by Request
    6,288 sqft 0.86 AC lot
    View details
    617 Jefferson SW Ave
    CONVENIENCE STORE

    617 Jefferson SW Ave, Watertown, MN 55388-9278

    Value Estimation by Request
    4,800 sqft 0.88 AC lot
    View details
    228 Lewis S Ave
    RETAIL STORES (PERSONAL SERVICES)

    228 Lewis S Ave, Watertown, MN 55388-4639

    Value Estimation by Request
    4,000 sqft 0.12 AC lot
    View details
    300 Lewis S Ave
    RETAIL STORES (PERSONAL SERVICES)

    300 Lewis S Ave, Watertown, MN 55388-4548

    Value Estimation by Request
    8,113 sqft 0.32 AC lot
    View details
    305 Lewis S Ave
    RESTAURANT

    305 Lewis S Ave, Watertown, MN 55388-4548

    Value Estimation by Request
    3,610 sqft 0.11 AC lot
    View details
    133 Lewis S Ave
    RETAIL STORES (PERSONAL SERVICES)

    133 Lewis S Ave, Watertown, MN 55388-4521

    Value Estimation by Request
    880 sqft 0.04 AC lot
    View details
    601 White SE St
    AUTO REPAIR, GARAGE

    601 White SE St, Watertown, MN 55388-8361

    Value Estimation by Request
    3,000 sqft 1.06 AC lot
    View details
    201 Lewis Ave
    Restaurants

    201 Lewis Ave, Watertown, MN 55388

    Value Estimation by Request
    4,121 sqft
    View details
    130 Lewis Ave
    Retail properties & Spaces

    130 Lewis Ave, Watertown, MN 55388

    Value Estimation by Request
    1,584 sqft 0.09 AC lot
    View details
    105 Lewis S Ave, Unit 109
    RETAIL STORES (PERSONAL SERVICES)

    105 Lewis S Ave, Watertown, MN 55388-4634

    Unit 109
    Value Estimation by Request
    2,304 sqft 0.09 AC lot
    View details
    310 Lewis S Ave
    GROCERY, SUPERMARKET

    310 Lewis S Ave, Watertown, MN 55388-4548

    $690,000
    Estimated value
    19,731 sqft 1.10 AC lot
    View details
    100 Jefferson NW Ave
    AUTO REPAIR, GARAGE

    100 Jefferson NW Ave, Watertown, MN 55388-8274

    Value Estimation by Request
    1,600 sqft 0.13 AC lot
    View details
    601 Lewis N Ave
    AUTO REPAIR, GARAGE

    601 Lewis N Ave, Watertown, MN 55388-8351

    $865,000
    Estimated value
    22,000 sqft 2.07 AC lot
    View details

    Watertown, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 26 retail properties & spaces for sale in Watertown, MN on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $295,500.

    Sale prices for stores in Watertown, MN average $295,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 1

    Demographics Overview

    Population 5,974
    Population Growth (5Y) +2.0%
    Median Household Income $92,273
    College Educated 28.5%

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $42.15 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carver County

    New Delisted

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