Three Acorns

For Sale

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

This Watertown property for sale is located at 1 West Kemp Avenue, 2 East Kemp Avenue & 6-8 South Broadway Street. The general use of Three Acorns is office and it incorporates 40,714 square feet of class C office space. The current listed sale price for Three Acorns is $1,500,000. Three Acorns is situated on a lot that is 0.49 acre in size.

Contacts

broker

Todd Syhre

eXp Commercial

(605) 880-1575

Property Details

  • 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 May 2, 2024
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. 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.

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Highlights

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

Getting around

  • 85/100

    Walk Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Clark

    0.41 miles

  • Casey's General Store

    0.42 miles

  • Clark

    0.76 miles

  • Sinclair

    0.80 miles

  • Cenex

    0.91 miles

  • Sinclair

    1.38 miles

  • Cenex

    1.40 miles

  • Casey's General Store

    1.45 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

  • Boat Ramp

    6.43 miles

  • Boat Ramp

    6.75 miles

  • Prairie Lakes Caring Clubhouse

    0.73 miles

  • Super 8 Watertown

    1.12 miles

  • Econo Lodge

    1.35 miles

  • Ramkota Hotel & Watertown Event Center

    1.58 miles

  • Hampton Inn & Suites Watertown

    2.31 miles

  • Days Inn Watertown

    2.44 miles

  • Country Inn & Suites

    2.68 miles

  • My Place Hotel

    2.73 miles

  • Quality Inn & Suites

    2.79 miles

  • SureStay Plus by Best Western

    3.12 miles

  • County Fair

    0.24 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

  • Walmart

    2.39 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Todd Syhre

eXp Commercial

(605) 880-1575