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$165,000
16 5TH STREET NE
Watertown, SD 57201
MLS# 28-1323
Status: Closed
1728 sqft


Front
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Front Front Rear Rear Front Entrance Hallway Office #1 Office #1 Office #2 Bathroom Office #3 Office #3 Rear Entrance

Property Description
Great opportunity to own a multi-use investment property located on the high traffic street of Highway 81 with a great central location. The main level is currently set up as a salon but could serve a multitude of uses such as a (3) office space plus a reception/waiting area in the front. The basement was previously rented out as a (1) bedroom apartment with it's own kitchen, living space, bathroom, and separate rear entrance. Detached 2 stall garage included. Parking spaces in both the front and rear of the building. Exterior is steel siding along with a new metal roof.

Details
Maps
Contract Information
Sale/Lease: Sale
Record Number: 7052
Financing: CASH
Sign: Yes
Possession: UPON CLOSING
City/Rural: City
Book Section: Commercial
Begin Date: 2025-07-07
Sold Price: $165,000
Current Price: $165,000
General Property Description
Realtor.COM Type: Commercial
Lot Size: 43' X 150'
Acres: 0.15
Number of Units: 2
Total SqFt.: 1728
Year Built: 1949
Remarks
Public Remarks: Great opportunity to own a multi-use investment property located on the high traffic street of Highway 81 with a great central location. The main level is currently set up as a salon but could serve a multitude of uses such as a (3) office space plus a reception/waiting area in the front. The basement was previously rented out as a (1) bedroom apartment with it's own kitchen, living space, bathroom, and separate rear entrance. Detached 2 stall garage included. Parking spaces in both the front and rear of the building. Exterior is steel siding along with a new metal roof.
Location, Tax and Other Information
Taxes: 1747.16
Tax Year: 2024
Legal: LOT 15 BLOCK 6 EAST WATERTOWN ADDITION
Zoning: Commercial
Easements: SEE PRIVATE REMARKS
Utilities
Gas: City
Sewer: City
Water: Public
Location Tax and Other Information
House Number: 16
Street Name: 5TH
Street Suffix: STREET
Street Direction Sfx: NE
State/Province: SD
Postal Code: 57201
County: Codington
Status Change Info
Status: Closed
Status Change Date: 2026-01-08
Under Contract Date: 2025-12-22
Sold Date: 2026-01-06
Sold Price: $165,000
Property Features

Listing Office: DIAMOND REALTY

Last Updated: January - 08 - 2026

Information deemed reliable but not guaranteed.