Marts Listing Details & Market Data

1 South Broadway, Watertown, SD 57201

  • For Sale $639,000
  • Property Type Office - General Office
  • Property Size 6,437 SF
  • Units 1
  • Lot Size 0.05 Acre
  • Building Class C
  • Date Updated Apr 12, 2024
Located in the heart of Watertown, SD, the area surrounding the property offers a vibrant and dynamic environment that is perfect for an Office / Office Building, Retail and Condo investor. With its close proximity to the beautiful Lake Kampeska, visitors and local employees can enjoy a variety of recreational activities. Nearby points of interest include the Redlin Art Center, Mellette House, and the Watertown Family Aquatic Center, providing cultural and leisure experiences. Additionally, the property is situated near a mix of dining options, shopping centers, and local businesses, creating a bustling and convenient setting for potential tenants and employees.Presenting an exceptional opportunity for Office / Retail / 3rd Floor Condo Building investors, this property offers a 6,437 SF building with 1 Condo / Rental unit, Retail main floor and 2nd floor offices. It is zoned C1. Located in the desirable Watertown area, it boasts a 33% occupancy, providing a solid foundation for future growth and income potential. The building's historic design and versatile layout make it ideal for accommodating a range of office needs, while its strategic location offers visibility and accessibility for tenants and clients alike. With its strong potential for increased occupancy and return on investment, this property is a compelling choice for investors seeking a promising addition to their portfolio.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • - 6,437 SF retail, office, condo building
  • - Zoned C1 for versatile commercial use
  • - 33% occupancy provides immediate income
  • - Prime location in the desirable Watertown area
  • - Well-suited for a range of office needs
  • - Potential for increased occupancy and income
  • - Visually appealing and professional exterior
  • - Flexible layout for tenant customization
  • - Convenient access and visibility for clients
  • - Strong investment opportunity for portfolio growth

Contacts

broker

Todd Syhre

eXp Commercial

(605) 880-1575

Location

Getting Around

  • Walk Score ®

    Very Walkable (85)
  • Bike Score ®

    Bikeable (59)
Powered by Walk Score ®
  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Clark

    0.43 miles

  • Casey's General Store

    0.44 miles

  • Clark

    0.75 miles

  • Sinclair

    0.80 miles

  • Cenex

    0.91 miles

  • Sinclair

    1.39 miles

  • Cenex

    1.41 miles

  • Casey's General Store

    1.46 miles

  • Marathon

    3.05 miles

  • Family Aquatic Center

    0.71 miles

  • Thunder Road

    0.76 miles

  • Park

    0.79 miles

  • Disc Golf & Trail

    0.97 miles

  • Park & Boat Ramp Parking

    3.59 miles

  • Boat Ramp

    6.11 miles

  • Camp

    6.15 miles

  • Beach

    6.27 miles

  • Boat Ramp

    6.41 miles

  • Boat Ramp

    6.73 miles

  • Subway

    0.47 miles

  • Riverside

    0.62 miles

  • Wise Pizza

    0.66 miles

  • Zesto

    0.69 miles

  • Dairy Queen

    0.69 miles

  • McDonald's

    0.71 miles

  • Taco John's

    0.74 miles

  • Taco Bell

    0.77 miles

  • Perkins

    0.82 miles

  • Hospital Cafeteria

    0.84 miles

  • Immaculate Conception School

    0.27 miles

  • Roosevelt Elementary School

    0.42 miles

  • Mellette Elementary School

    0.58 miles

  • Watertown High School

    0.83 miles

  • Garfield Education Center

    0.86 miles

  • Lake Area Technical Institute

    0.97 miles

  • Watertown Intermediate School

    1.00 miles

  • McKinley Elementary School

    1.00 miles

  • Saint Martin's Lutheran School

    1.03 miles

  • Watertown Christian School

    1.14 miles

Contact Listing Broker

broker

Todd Syhre

eXp Commercial

(605) 880-1575