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  1. Commercial Properties
  2. SD
  3. Watertown

Three Acorns

For Sale

1 West Kemp Avenue, 2 East Kemp Avenue & 6-8 South Broadway Street, Watertown, SD 57201

Nestled in the heart of Watertown, SD, the area surrounding the property offers an enticing mix of amenities and attractions for Office / Office Building, Retail and multifamily investors. Just steps away, the stunning Stokes-Thomas Lake City Park provides a serene escape for leisurely walks or peaceful retreats. The historic downtown district beckons with an array of dining options, boutique shops, and cultural experiences, while the iconic Redlin Art Center showcases the exquisite wildlife paintings of renowned artist Terry Redlin. With its blend of natural beauty and urban conveniences, this location presents an exceptional opportunity for office, retail and multifamily investors seeking a prime commercial setting.Discover a prime investment opportunity at this remarkable property in Watertown, SD. Boasting a spacious 40,714 SF in buildings, this historic gem, constructed in 1882, 1920 and 1926 and partially renovated in 2017, exudes timeless charm while offering modern functionality. There are three properties, these can be sold as one or split out. Zoned C1 and ideally situated in the heart of Watertown, this property presents immense potential for an Office / Office, retail and multifamily Buildings investor. With 25% occupancy, there is the opportunity to customize the remaining space to suit specific needs, creating a compelling proposition for prospective tenants. With its rich history and strategic location, this property stands as an exceptional choice for investors seeking a solid foothold in the vibrant commercial landscape of Watertown. Co-listing agent is a licensed real estate agent in the State of South Dakota and has ownership interest in the property.

Key features

  • 25% occupancy with potential for customization
  • 40,714 SF in historic buildings
  • Historic appeal with modern conveniences
  • Modern amenities and functionality
  • Partially Renovated in 2017
  • Prime location in Watertown
  • Prominent visibility and accessibility
  • Rich architectural charm
  • Versatile space for office, retail and multifamily tenants
  • Zoned C1 for commercial use

Building Details

  • For Sale $1,400,000
  • Property Type Office - General Office
  • Property Size 40,714 SF
  • Lot Size 0.49 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 1920
  • Year Renovated 2017
  • Date Updated Sep 16, 2026
Want more info on this listing?

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Contacts

broker
Todd Syhre

eXp Commercial

Location

  • City Watertown, SD
  • Zip Code 57201
  • Map
  • Street
  • Walk score 85/100 Very Walkable
  • Bike score 59/100 Bikeable
Powered by Walk Score ®

Points of Interest

Clark

0.41 miles

Casey's General Store

0.42 miles

Sinclair

0.80 miles

Cenex

0.91 miles

Marathon

3.04 miles

Family Aquatic Center

0.72 miles

Thunder Road

0.77 miles

Park

0.81 miles

Disc Golf & Trail

0.97 miles

Park & Boat Ramp Parking

3.60 miles

Boat Ramp

6.13 miles

Camp

6.17 miles

Beach

6.28 miles

Westside Car Wash

0.71 miles

Super Wash

1.40 miles

Subway

0.45 miles

Riverside

0.64 miles

Wise Pizza

0.68 miles

Zesto

0.70 miles

DQ Grill & Chill

0.70 miles

McDonald's

0.71 miles

Taco John's

0.75 miles

Taco Bell

0.77 miles

Perkins

0.82 miles

Hardee's

0.82 miles

County Fair Foods of Watertown

0.23 miles

Sears

1.10 miles

JCPenney

1.18 miles

Watertown Mall

1.25 miles

Herberger's

1.27 miles

Hy-Vee

1.33 miles

Runnings

1.43 miles

Target

1.72 miles

Aldi

2.31 miles

Walmart Supercenter

2.39 miles

Walgreens

0.72 miles

Prairie Lakes Hospital

0.75 miles

Prairie Lakes Cancer Center

0.80 miles

Northridge Clinic

1.43 miles

Prairie Lakes

2.68 miles

Listing Summary

  • Property Financials

    1 West Kemp Avenue, 2 East Kemp Avenue & 6-8 South Broadway Street is currently listed for sale at $1,400,000 for a price per square foot of $34.39.

  • Property Details

    1 West Kemp Avenue, 2 East Kemp Avenue & 6-8 South Broadway Street totals 40,714 square feet of Office space on a lot spanning 0.49 acres.

    The property was initially built in 1920, being last renovated in 2017. Based on its location, amenities, and finishes, the property is listed as class C.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 85, indicating that it is very walkable.

Contact Todd Syhre
broker
Todd Syhre

eXp Commercial

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