114 - 122 E KEMP AVENUE, Watertown, SD 57201
$1,750,000
Property Type:
Commercial
Square Footage:
45,039
Status:
Closed
Current Price:
$1,750,000
List Date:
10/19/2025
Last Modified:
2/01/2026
Overview
Description
Prime Downtown Investment Opportunity!
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!
Listing Details MLS# 30-4790
Contract Information
- Sale/Lease
- Sale
- Book Section
- Commercial
- Record Number
- 9502
- Begin Date
- 2025-10-13
- Terms
- Cash at closing
- Financing
- Convention
- Possession
- UPON CLOSING
- City/Rural
- City
General Property Description
- Total SqFt.
- 45039
- Year Built
- 1911
- Realtor.COM Type
- Commercial
- Number of Units
- 22
- Property Name
- Woolworth's Building
Remarks
- Public Remarks
- Prime Downtown Investment Opportunity! 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!
Location Tax and Other Information
- House Number
- 114 - 122
- Street Direction Pfx
- E
- Street Name
- KEMP
- Street Suffix
- AVENUE
- State/Province
- SD
- Postal Code
- 57201
- County
- Codington
Status Change Info
- Status Change Date
- 2026-01-31
- Under Contract Date
- 2025-12-02
- Sold Date
- 2026-01-30
Utilities
- Sewer
- City
- Water
- Public
More Information
Location, Tax and Other Information
- Taxes
- 11050.5
- Tax Year
- 2025
- Legal
- LOTS 1-4 BLK 10 ORIGINAL PLAT
- Zoning
- Commercial
Listing Office:
HAUGAN NELSON REALTY, INC
Last Updated: February - 01 - 2026
Information deemed reliable but not guaranteed.


