15-17 1ST AVENUE SE, Watertown, SD 57201

$340,000
Property Type: Commercial Square Footage: 6,000 Status: Active
Current Price: $340,000 List Date: 2/10/2026 Last Modified: 6/23/2026

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: June - 23 - 2026
Information deemed reliable but not guaranteed.

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Watertown, SD 57201
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