114 -122 E Kemp Ave, Watertown, SD 57201
sale
$2,200,000
|
Retail
Courtesy Of Better Homes and Gardens Real Estate Beyond
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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Property Features
- Age: Over 50 Years Old
- Building Units: 17
- Exterior Type: Masonry
- Exterior Type: Frame
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floors: 2
- Legal Description: LOTS 1-4 BLK 10 ORIGINAL PLAT
- MLSID: 22508767
- Roof Type: Rubber
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