$2,300
Watertown, SD 57201
MLS# 29-137
6500 sqft

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Property Description
The second level of 203 - 207 E Kemp Ave (formerly Grace Dance Academy) is available for lease. There are THREE individual spaces for lease which will have access to the Common Area. Space 2-A is 2255 square feet with a lease of $1100, Space 2-B is 1070 square feet with a lease of $700, and Space 2-C is 880 square feet with a lease of $600. If you lease the entire floor you get a BONUS space (2-D) of 276 square feet and full access to all of the common area for $2300/mo. Each tenant will be responsible for Common Area Maintenance (interior space only) based on their leased space. Common Area's include...a full kitchen and conference area, large entry/waiting room, & the bathrooms. If you lease the entire floor, there will be no CAM charges and you will be responsible for your own maintenance. The entire space has 11 foot ceilings. Access to the space is a stairwell from Kemp Ave. There is a 2500lb freight elevator with access to the alley and the 2nd level. The space is available on August 1st 2026. Tenants of the building pay the utilities.
Details
Maps
Documents
Contract Information
Sale/Lease: Lease
Record Number: 13026
Terms: Available on 8/1/26
Sign: No
Possession: on 8/1/26
City/Rural: City
Book Section: Commercial
Begin Date: 2026-05-22
List Price: $2,300
Current Price: $2,300
General Property Description
Realtor.COM Type: Commercial
Number of Units: up to 4
Total SqFt.: 6500
Year Built: 1941
Remarks
Public Remarks: The second level of 203 - 207 E Kemp Ave (formerly Grace Dance Academy) is available for lease. There are THREE individual spaces for lease which will have access to the Common Area. Space 2-A is 2255 square feet with a lease of $1100, Space 2-B is 1070 square feet with a lease of $700, and Space 2-C is 880 square feet with a lease of $600. If you lease the entire floor you get a BONUS space (2-D) of 276 square feet and full access to all of the common area for $2300/mo. Each tenant will be responsible for Common Area Maintenance (interior space only) based on their leased space. Common Area's include...a full kitchen and conference area, large entry/waiting room, & the bathrooms. If you lease the entire floor, there will be no CAM charges and you will be responsible for your own maintenance. The entire space has 11 foot ceilings. Access to the space is a stairwell from Kemp Ave. There is a 2500lb freight elevator with access to the alley and the 2nd level. The space is available on August 1st 2026. Tenants of the building pay the utilities.
Location, Tax and Other Information
Legal: lots 2-4 & lot 5 less 1' & S1/2vac alley J Bennett's Subd.
Zoning: Commercial
Location Tax and Other Information
House Number: 203
Street Direction Pfx: E
Street Name: KEMP
Street Suffix: AVENUE
State/Province: SD
Postal Code: 57201
County: Codington
Status Change Info
Status: Active
Status Change Date: 2026-05-22
Property Features
Listing Office: SCOTT REALTY
Last Updated: May - 22 - 2026
Information deemed reliable but not guaranteed.

2nd level space layout