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For Sale

Three Acorns

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
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Todd Syhre

eXp Commercial

Building Details

  • For Sale $1,400,000
  • Property Type Office - General Office
  • Property Size 40,714 SF
  • Lot Size 0.49 Acre
  • Building Class C
  • Year Built 1920
  • Year Renovated 2017
  • Date Updated Apr 2, 2026

Getting Around

  • Walk Score ®

    Very Walkable (85)
  • Bike Score ®

    Bikeable (59)
Powered by Walk Score ®

Location

  • City Watertown, SD
  • Zip Code 57201
  • Map
  • Street

Points of Interest

Casey's General Store

0.42 miles

Sinclair

0.80 miles

Cenex

0.91 miles

Marathon

3.04 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

Super Wash

1.40 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

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

Prairie Lakes Hospital

0.75 miles

Prairie Lakes Cancer Center

0.80 miles

Northridge Clinic

1.43 miles

Prairie Lakes

2.68 miles

1 West Kemp Avenue, 2 East Kemp Avenue & 6-8 South Broadway Street Listing Summary

  • What is the asking price at Three Acorns?

    Three Acorns is currently listed for sale at Contact for pricing.

  • What is the total size of Three Acorns?

    Three Acorns has a total of 40,714 square feet.

  • What is the year built for Three Acorns?

    The year built for Three Acorns is 1920.

Contact Listing Broker
broker
Todd Syhre

eXp Commercial

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