101 9Th AveWatertown, SD 57201

Property Details for 101 9Th Ave

Year built

1972

Lot size

2.77 AC

Property type

Commercial real estate

APN

10941

APU

10941

Description

This exceptional investment opportunity presents a vacant 13,750 square foot Class B storefront retail building located at 101 9th Ave SW in Watertown, South Dakota, 57201. The property, built in 1996, sits on a substantial 55,329 square foot lot, offering significant potential for expansion or additional development. Currently vacant, this property presents a blank canvas for a wide range of retail uses. The asking price is $1,400,000, translating to $101.82 per square foot. The building is situated on a prominent corner lot, providing excellent visibility and accessibility. This NNN lease type property offers a unique chance to establish a business in a thriving Watertown location or to acquire a strong investment asset in a desirable area. The property's size and location make it an attractive prospect for both established businesses seeking expansion and investors looking for a high-return opportunity. The building's vacant status allows for complete customization to suit the needs of a new tenant or owner. This is a rare chance to secure a prime commercial property in a sought-after area of Watertown. The large lot size provides ample space for future development or expansion, adding to the overall value and potential of this exceptional offering.

• Alternative Use

  Use

  Valuation

  Residential

  $21,338,824

  Hospitality

  $19,546,248

  Educational

  $16,262,248

  Medical

  $16,821,532

  Retail

  $25,296,830

Location Insight

City

Watertown

County

Codington

State

South Dakota

Latitude

44.8906

Longitude

-97.1201

CBSA code

47980

CBSA name

WATERTOWN, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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