23 S BROADWAY STREET, Watertown, SD 57201
Codington County
Key Facts
Description
Prime opportunity in the heart of downtown Watertown! This versatile commercial space offers endless potential for the entrepreneur or investor with vision. Featuring convenient alley access and a rare green space with room for expansion, the possibilities here are wide open. Inside, you'll find a functional layout complete with a bathroom and a counter with sink--ideal for an office, studio, boutique, or creative workspace. The building has a gas heater for efficient comfort, and the roof was repaired in 2019 at the time of the current owner's purchase. With low property taxes and a location that keeps you connected to the energy of downtown, this is your chance to bring your next business idea to life.
Property Information
Property Type
Commercial Sale
Year Built
1945
Living Area
825 sq ft
Lot Dimensions
25.31 X 165
MLS® Listing#
30-4863
Property Features
Financial Details
Annual Taxes
$579
Tax year 2026
Parcel Number
9468
Affordability Calculator
$25,000
Estimated monthly payment
$665/mo
Principal $100,000 · Est. interest $139,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Watertown, SD
- $403,571
- Median Listing Price
- 69
- Median Days on Market
- 2,250
- Median Sq Ft
- $166
- Median Price / Sq Ft
- 105
- Active Listings
- This home’s price is 69% below the area median.
- Its price per sq ft is 9% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Watertown, SD.
Location
Points of Interest in Watertown, SD
Showing the Watertown area map.
Nearby Schools
Jack & Jill Pre-School
School · 0.0 mi away
Grace Lutheran Church
Elementary · 0.2 mi away
Immaculate Conception School
School · 0.3 mi away
Mellette Elementary School
Elementary · 0.6 mi away
Garfield Elementary 03
Elementary · 0.8 mi away
Watertown High School
Secondary · 0.9 mi away
McKinley Elementary School
Elementary · 1.0 mi away
Watertown Middle School
School · 1.0 mi away
Watertown Intermediate School
Secondary · 1.1 mi away
Northeast Technical High School
Secondary · 1.1 mi away
Watertown Christian School
School · 1.2 mi away
Great Plains Lutheran High School
Secondary · 1.2 mi away
St. Martin's Lutheran Church
School · 1.2 mi away
Lincoln Elementary School
Elementary · 1.4 mi away
Trinity Lutheran Church
School · 1.4 mi away
Jefferson Elementary School
Elementary · 1.6 mi away
WMS Arrows
Elementary · 1.8 mi away
Lake Area Technical Institute
School · 2.9 mi away
Waverly-South Shore Elementary - 02
Secondary · 9.9 mi away
Castlewood School
Secondary · 12.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2014 11TH AVENUE SW, Watertown, SD | $89,900 | 3 | 2 | 1,120 |
| L7 B7 17TH AVENUE SW, Watertown, SD | $90,000 | — | — | — |
| L4 B7 17TH AVENUE SW, Watertown, SD | $90,000 | — | — | — |
| L3 B7 17TH AVENUE SW, Watertown, SD | $90,000 | — | — | — |
| L5 B7 17TH AVENUE SW, Watertown, SD | $90,000 | — | — | — |
| TBD 17TH AVENUE SW, Watertown, SD | $95,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Watertown
Listing Courtesy: HAUGAN NELSON REALTY, INC - 6058867080
Last Updated: 2026-04-30