15-17 1ST AVENUE SE, Watertown, SD 57201
$359,900
Property Type:
Commercial
Square Footage:
6,000
Status:
Active
Current Price:
$359,900
List Date:
2/10/2026
Last Modified:
2/10/2026
Overview
Description
Located in the heart of downtown Watertown, this historic mixed-use building at 15-17 1st Ave SE offers a strong investment opportunity with built-in income and future upside. The main level features two long-term commercial tenants providing cash flow, while the upper floor includes two, 2 bed, 1 bath apartments. The basement is in incredible condition and presents additional income-producing potential for storage or future build-out. Rich in character and local history, this property combines classic downtown charm with practical investment appeal in a prime location. Call today for more information!
Listing Details MLS# 30-4824
Contract Information
- Sale/Lease
- Sale
- Book Section
- Commercial
- Record Number
- 9488
- Begin Date
- 2026-02-09
- City/Rural
- City
General Property Description
- Total SqFt.
- 6000
- Year Built
- 1904
- Realtor.COM Type
- Commercial
Remarks
- Public Remarks
- Located in the heart of downtown Watertown, this historic mixed-use building at 15-17 1st Ave SE offers a strong investment opportunity with built-in income and future upside. The main level features two long-term commercial tenants providing cash flow, while the upper floor includes two, 2 bed, 1 bath apartments. The basement is in incredible condition and presents additional income-producing potential for storage or future build-out. Rich in character and local history, this property combines classic downtown charm with practical investment appeal in a prime location. Call today for more information!
Location Tax and Other Information
- House Number
- 15-17
- Street Name
- 1ST
- Street Suffix
- AVENUE
- Street Direction Sfx
- SE
- State/Province
- SD
- Postal Code
- 57201
- County
- Codington
Status Change Info
- Status Change Date
- 2026-02-09
Utilities
- Electricity
- City
- Gas
- City
- Sewer
- City
- Water
- Public
More Information
Location, Tax and Other Information
- Taxes
- 1214.48
- Tax Year
- 2025
- Legal
- LOTS 1-2 HANTEN BOND CO'S SUBD LOTS 6-7 BLK 9 ORIGINAL PLAT
- Zoning
- Commercial
Listing Office:
HAUGAN NELSON REALTY, INC
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.
