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Listed price in listed location currency (USD).
$2,200,000

000

MLS® 22508767

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 45039 sqft
Garage No
HOA Fees 
Taxes $11,050
Days Active 9
Approx. Age 1900
Avg. Price Per Sqft $48
MLS® Number 22508767

Property Address: 114 E Kemp Ave Avenue, Watertown, SD, 57201

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of Watertown, this mixed-use building features 22 total units — a combination of commercial storefronts and residential apartments. Long-term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop. Strong rental history with detailed financials available upon signing an NDA. The unfinished basement offers excellent potential for future expansion or added revenue streams. A rare chance to own one of downtown's cornerstone income properties!
MLS® Number22508767
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Buildings, Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 25, 2025List Date
$2,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
114 E Kemp Ave Avenue, Watertown, SD

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