309 8th Ave SE

For Sale

309 8th Ave SE, Watertown, SD 57201

This Watertown property for sale is located at 309 8th Ave SE. The current listed sale price for 309 8th Ave SE is $2,700,000. 309 8th Ave SE is situated on a lot that is 1.07 acre in size.

Contacts

Todd Syhre

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 13,848 SF
  • Units 45
  • Lot Size 1.07 Acre
  • Year Built 1948
  • Date Updated Jan 28, 2026
Watertown is one of northeast South Dakota’s most dynamic and rapidly growing communities, offering the perfect blend of small-town charm, economic opportunity, and modern amenities. As a regional hub for business, healthcare, education, and recreation, Watertown attracts residents and visitors from across the state. Home to Lake Kampeska and Lake Pelican, the city is known for its exceptional outdoor recreation—boating, fishing, swimming, golf courses, and miles of walking and biking trails. Watertown also features vibrant arts and culture, including the renowned Redlin Art Center, historic downtown district, and year-round community events. Families appreciate the city's strong public and private schools, safe neighborhoods, and diverse housing options. With continued commercial development, thriving local businesses, and convenient access to major highways and the Watertown Regional Airport, the community is well-positioned for both growth and long-term stability. Whether you're seeking recreation, a strong business environment, or a welcoming place to call home, Watertown delivers a high quality of life and a warm Midwest feel that sets it apart.The Cottage Apartments | Watertown, South Dakota Discover a unique multifamily investment opportunity in the heart of Watertown. The Cottage Apartments offer 45 modern units designed for both comfort and flexibility — with options for short-term or long-term leasing. Each fully furnished suite features a Smart TV, microwave, and mini-fridge, making this property ideal for tenants seeking convenience and turnkey living. This well-maintained asset includes off-street parking, on-site laundry, snow and lawn care, and pet-friendly accommodations — ensuring broad market appeal and low vacancy rates. Located minutes from Lake Area Technical College and major employers, The Cottage Apartments attract a stable mix of students, professionals, and traveling workers. With flexible lease terms and strong operational performance, this property presents an exceptional opportunity for investors seeking dependable income and future growth in one of South Dakota’s fastest-growing communities.
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Getting around

  • 68/100

    Walk Score ®

  • 45/100

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Location

  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Sinclair

    0.21 miles

  • Cenex

    0.27 miles

  • Clark

    0.31 miles

  • Casey's General Store

    0.93 miles

  • Marathon

    2.88 miles

  • Family Aquatic Center

    0.48 miles

  • Thunder Road

    0.54 miles

  • Park

    0.99 miles

  • Disc Golf & Trail

    1.61 miles

  • Park & Boat Ramp Parking

    4.14 miles

  • Boat Ramp

    6.21 miles

  • Camp

    6.25 miles

  • Beach

    6.37 miles

  • Super 8 Watertown

    0.45 miles

  • Econo Lodge

    1.01 miles

  • Travel Inn

    1.42 miles

  • Prairie Lakes Caring Clubhouse

    1.42 miles

  • Ramkota Hotel & Watertown Event Center

    1.54 miles

  • Hampton Inn & Suites Watertown

    2.08 miles

  • Days Inn Watertown

    2.22 miles

  • Country Inn & Suites

    2.52 miles

  • My Place Hotel

    2.58 miles

  • Quality Inn & Suites

    2.63 miles

  • Sears

    0.67 miles

  • County Fair Foods of Watertown

    0.70 miles

  • JCPenney

    0.74 miles

  • Watertown Mall

    0.82 miles

  • Herberger's

    0.83 miles

  • Hy-Vee

    0.94 miles

  • Runnings

    1.19 miles

  • Target

    1.43 miles

  • Walmart Supercenter

    2.12 miles

  • Aldi

    2.12 miles

Contact Listing Broker
Todd Syhre

eXp Commercial

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