Three Acorns
1 West Kemp Avenue, 2 East Kemp Avenue & 6-8 South Broadway Street | Watertown, SD 57201, US
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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.
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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.