$359,900
Watertown, SD 57201
MLS# 30-4824
6000 sqft
1 / 35
Property Description
Located in the heart of downtown Watertown, this historic mixed-use building at 15-17 1st Ave SE offers a strong investment opportunity with built-in income and future upside. The main level features two long-term commercial tenants providing cash flow, while the upper floor includes two, 2 bed, 1 bath apartments. The basement is in incredible condition and presents additional income-producing potential for storage or future build-out. Rich in character and local history, this property combines classic downtown charm with practical investment appeal in a prime location. Call today for more information!
Details
Maps
Contract Information
Sale/Lease: Sale
Record Number: 9488
City/Rural: City
Book Section: Commercial
Begin Date: 2026-02-09
List Price: $359,900
Current Price: $359,900
General Property Description
Realtor.COM Type: Commercial
Total SqFt.: 6000
Year Built: 1904
Remarks
Public Remarks: Located in the heart of downtown Watertown, this historic mixed-use building at 15-17 1st Ave SE offers a strong investment opportunity with built-in income and future upside. The main level features two long-term commercial tenants providing cash flow, while the upper floor includes two, 2 bed, 1 bath apartments. The basement is in incredible condition and presents additional income-producing potential for storage or future build-out. Rich in character and local history, this property combines classic downtown charm with practical investment appeal in a prime location. Call today for more information!
Location, Tax and Other Information
Taxes: 1214.48
Tax Year: 2025
Legal: LOTS 1-2 HANTEN BOND CO'S SUBD LOTS 6-7 BLK 9 ORIGINAL PLAT
Zoning: Commercial
Utilities
Electricity: City
Gas: City
Sewer: City
Water: Public
Location Tax and Other Information
House Number: 15-17
Street Name: 1ST
Street Suffix: AVENUE
Street Direction Sfx: SE
State/Province: SD
Postal Code: 57201
County: Codington
Status Change Info
Status: Active
Status Change Date: 2026-02-09
Property Features
Listing Office: HAUGAN NELSON REALTY, INC
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.