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    Watertown, SD Storefront Properties for Sale

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    Florence, SD Goodwin, SD Lake Norden, SD Arlington, SD Estelline, SD Clear Lake, SD
    22-Unit Mixed-Use Property
    Updated: Nov 26, 2025
    22-Unit Mixed-Use Property

    114 -122 E Kemp Ave, Watertown, SD 57201

    Contact for pricing
    45,039 sqft
    22 total units combining commercial storefronts and residential apartments
    Long‑term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop
    Unfinished basement offers additional space for future expansion
    Located at 114 -122 E Kemp Ave in downtown Watertown, SD
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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 7 Potential Opportunities for your consideration. Besides 1 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

    Opportunities in Nearby Cities

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

    Bars & Pubs Building With 3BR Apartment
    Bars & Pubs Building With 3BR Apartment

    149 Dakota Ave S, Huron, SD 57350

    $200,000
    4,675 sqft 0.09 AC lot

    B-3 zoned, 4,675 SF building with updated restrooms and an upstairs 3-bedroom, 2-bath apartment.

    View details
    B3-Zoned Storefront with Kitchen
    B3-Zoned Storefront with Kitchen

    75 4th St NW, Huron, SD 57350

    $215,000
    1,440 sqft 0.34 AC lot

    Existing commercial space with food-service infrastructure, sleeping areas, laundry, and substantial on-site parking.

    View details
    Storefront Building with Front Windows
    Storefront Building with Front Windows

    118 2nd NW St, Ortonville, MN 56278

    $98,000

    Street-front windows and a flexible rear area support retail, office, or service uses.

    View details
    Established Coffee Shop
    Established Coffee Shop

    122 2nd St NW, Ortonville, MN 56278

    Contact for pricing

    Operating business offers espresso drinks, specialty beverages, desserts, and rotating food selections.

    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 Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in Watertown, SD on our real estate platform. These investment opportunities span a total of 45,039 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 2
    Gas stations 2
    Grocery and convenience stores 2
    Drug stores 1
    Showrooms 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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