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114 -122 E Kemp Ave Avenue

Watertown, SD 57201
  • $2,200,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 22508767
UPDATED: 32 min ago
$2,200,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 45,039
    SQFT
  • $49
    $/SQFT
Type:
Commercial
Built:
1900

School Ratings & Info

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!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-16T16:18:42.91.
www.sellthe605.com/homes/170895704
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114 -122 E Kemp Ave Avenue Watertown, SD 57201

  • Price: $2,200,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 32 min ago
  • MLS #: 22508767
0
Beds
0
Baths
0
½ Baths
0.77
Acres
45,039
SQFT
$49
$/SQFT
1900
Built
Neighborhood:
Other - Outside Jurisdiction
County:
Other (Out Of Jurisdiction)
Area:
Outside Mls Jurisdiction
Property 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!
Exterior Features

Construction Materials FrameMasonry Roof Rubber

Interior Features

Flooring CarpetVinylConcreteLaminate

Property Features

Inclusions BuildingsLand Inside City Limits YN Yes Lot Size Dimensions 165*200 Potential Short Sale No Property Sub Type1 Retail Reo Or Bank Owned No Sale Or Lease For Sale Only Sale Or Rent S Tax Annual Amount 11050 Tax Legal Description LOTS 1-4 BLK 10 ORIGINAL PLAT Zoning Commercial

Realtor Association of the Sioux Empire logo Listing provided courtesy of Brandon Martens of Better Homes and Gardens Real Estate Beyond: 605-275-4663. © 2025 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-16T16:18:42.91.
 
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Sioux Empire Realty Group | Hegg Realtors
6225 S. Minnesota Ave
Sioux Falls SD, 57108