For Sale
$2,999,000

600 4Th St Watertown, SD 57201

Prime Watertown Medical Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
131
Midtown Plaza, located at 600 4th St NE in Watertown, South Dakota, presents a compelling investment opportunity. This well-maintained, multi-tenant medical office building boasts 25,649 square feet on a 1.54-acre lot, strategically situated on high-traffic Highway 81. Built in 1967, the property is zoned for commercial use and offers significant potential for both investors and owner-occupiers. The building's established tenant base demonstrates its strong location and appeal to area professionals. This presents a chance to acquire a stable income-generating asset, or to establish your own practice while leveraging rental income from other tenants to offset costs. The property's versatility allows for diverse uses within the medical field. Detailed financial information is available upon request, subject to a signed non-disclosure agreement. This is a rare opportunity to acquire a substantial medical office building in a thriving South Dakota community. The property's location on Highway 81 ensures high visibility and accessibility, making it an ideal location for medical practices and related businesses. The 1.54-acre lot provides ample space for potential expansion or future development. Don't miss this chance to add a valuable asset to your portfolio.

Property Details for 600 4Th St

Property type
Office properties, Medical offices
Square Feet
25,649 SF
Year Built
1967
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Watertown
County
Codington
State
South Dakota
Latitude
44.9085643
Longitude
-97.1062831

FAQs

What type of property is this?
Office property - Prime Watertown Medical Office Investment
Where is the office property located?
The property is located at 600 4Th St Watertown, SD.
What is the asking price?
The asking price for this property is $2,999,000.
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.
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600 4Th St
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