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    Watertown, SD
    Retail

    Watertown, SD Retail Space for Sale

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    Goodwin, SD Lake Norden, SD Arlington, SD Estelline, SD
    Historic Mixed-Use Building For Sale
    Updated: Feb 17
    Historic Mixed-Use Building For Sale

    15 1st Ave SE, Watertown, SD 57201

    $340,000
    6,000 sqft
    Prime downtown Watertown location.
    Strong investment opportunity with built‑in income.
    Two long‑term commercial tenants on the main level providing cash flow.
    Two, 2 bed, 1 bath apartments on the upper floor.
    Basement in incredible condition with income‑producing potential.
    View details
    Highway 212 Commercial Property
    Updated: May 21
    Highway 212 Commercial Property

    211 9th Avenue Southeast, Watertown, SD 57201

    $448,000
    3,816 sqft
    Prime commercial property location directly on Highway 212.
    Includes a 3,080 SF building built in 2008.
    Features a second commercial building with 736 SF, accessible from both Highway 212 and 8th Ave SE.
    The 3,080 SF building is currently leased as a salon.
    The second building was converted into a commercial space.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 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.

    Office Building Portfolio
    Office Building Portfolio

    107 Flynn Drive, Milbank, SD 57252

    Contact for pricing
    134,963 sqft

    Large office building offering substantial total space for accommodating multiple tenants or uses.

    View details
    Net Leased Retail Building
    Net Leased Retail Building

    1200 Susan Dr, Marshall, MN 56258

    Contact for pricing
    71,847 sqft

    Absolute NNN leased full-line Shopko totaling 71,847 SF is available for sale in Marshall, Minnesota.

    View details
    Multi-Level Flex and Warehouse Building
    Multi-Level Flex and Warehouse Building

    1504 Morningside Dr, Milbank, SD 57252

    Contact for pricing

    Multi-level commercial building with two rear overhead garage doors, in-floor heat, and central air.

    View details
    Versatile Commercial Building with Parking
    Versatile Commercial Building with Parking

    800 W College Drive, Marshall, MN 56258

    $240,000

    Well-maintained commercial building suitable for office, retail, or daycare.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    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.

    315 Kemp Ave
    Individual retail properties

    315 Kemp Ave, Watertown, SD 57201

    Value Estimation by Request
    95,962 sqft
    View details
    1 Kemp And 6 - 8
    Individual retail properties

    1 Kemp And 6 - 8, Watertown, SD 57201

    Value Estimation by Request
    52,642 sqft
    View details

    Watertown, SD Retail Space Market Trends and Statistics

    Explore 4 retail space for sale in Watertown, SD on our real estate platform. These investment opportunities span a total of 9,816 square feet of properties for sale, with an estimated market value of $788,000.

    Sale prices for retail space in Watertown, SD start at $340,000, averaging $394,000, and reaching up to $448,000 — 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 2
    Gas stations 2
    Storefront properties 2
    Grocery and convenience stores 1
    Shopping centers 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Watertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57201 $703.2K

    Taxes & Financing

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

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