1 BroadwayWatertown, SD 57201

For Sale
$639,000

Historic building, retail, office, condo.

Overview

Added:
Dec 11, 2024
Days on market:
93
This unique, three-story mixed-use building in Watertown, South Dakota, presents a compelling investment opportunity. Located at 1 S Broadway, this 6,437 square foot property, situated on a 2,193.92 square foot lot, offers a blend of retail, office, and residential space. Built in 1916 and extensively renovated in 2013, 2022, and 2023, the property boasts a prime location in Codington County, zip code 57201. Currently operating at 33% occupancy, the building features one unit, providing significant upside potential. The asking price is $639,000, translating to $99.27 per square foot. The retail space, currently a fitness center, offers high visibility and adaptability for various businesses. The upper floors provide office space ideal for startups or established companies seeking a strategic location. The residential component, a condo or rental unit, offers a unique living experience. This historic building combines the charm of its original construction with modern updates, creating a versatile and attractive investment opportunity in a thriving South Dakota community. The property's strong location and diverse offerings make it an ideal investment for those seeking a blend of income generation and long-term appreciation.

Highlights

  • Three-story mixed-use building in Watertown, SD.
  • 6,437 square feet on a 2,193.92 square foot lot at 1 S Broadway.
  • Built in 1916, extensively renovated (2013, 2022, 2023).
  • $639,000 asking price ($99.27/SF).
  • Currently 33% occupied, offering significant upside potential.

Property Details for 1 Broadway

Property type
Other retail properties, Individual retail properties
Square Feet
6,437 SF
Year Built
1916
Buildings
1
Stories
3
Units
1

Location Insight

City
Watertown
County
Codington
State
South Dakota
Latitude
44.900422934192
Longitude
-97.114585247995
1 Broadway, Watertown, South Dakota

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1 Broadway
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message