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600 4TH STREET NE, Watertown, SD 57201

Codington County

Key Facts

25,649Sq Ft
1967Year Built
1.54Lot (acres)

Description

EXPAND YOUR REAL ESTATE INVESTMENT PORTFOLIO WITH THIS EXTREMELY WELL-KEPT MULTI-TENANT COMMERCIAL BUILDING ON THE HIGH TRAFFIC HIGHWAY 81. THIS BUILDING HAS PROVEN TO BE A GREAT LOCATION FOR MANY OF THE AREAS TOP PROFESSIONALS. THIS BUILDING COULD BE PURCHASED AS A PURE INVESTMENT PROPERTY, OR IT COULD BE USED TO SET UP YOUR BUSINESS' NEW LOCATION WHILE LETTING ADDITIONAL TENANTS MAKE THE PAYMENT FOR YOU. THE POSSIBILITIES WITH THIS BUILDING ARE ENDLESS. FINANCIALS AVAILABLE UPON REQUEST WITH A SIGNED NDA.

Property Information

Property Type

Commercial Sale

Year Built

1967

Living Area

25,649 sq ft

Lot Size

1.54 acres

Lot Dimensions

67208 SF

MLS® Listing#

28-1358

Property Features

Financial Details

Annual Taxes

$20,078

Tax year 2024

Parcel Number

8103

Affordability Calculator

$599,800

Estimated monthly payment

$15,962/mo

Principal $2,399,200 · Est. interest $3,347,097 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Watertown, SD

$410,714
Median Listing Price
66
Median Days on Market
2,250
Median Sq Ft
$166
Median Price / Sq Ft
107
Active Listings
  • This home’s price is 630% above the area median.
  • Its price per sq ft is 29% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Watertown, SD.

Location

  • 600 4TH STREET NE, Watertown, SD 57201

Getting Around

Walk
Bike

Somewhat Walkable

Walk Score details ↗

Points of Interest in Watertown, SD

Showing the Watertown area map.

Nearby Schools

  • Watertown Middle School

    School · 0.4 mi away

  • Watertown Intermediate School

    Secondary · 0.5 mi away

  • Mellette Elementary School

    Elementary · 0.5 mi away

  • Great Plains Lutheran High School

    Secondary · 0.5 mi away

  • St. Martin's Lutheran Church

    School · 0.6 mi away

  • Watertown High School

    Secondary · 0.6 mi away

  • Watertown Christian School

    School · 0.6 mi away

  • Northeast Technical High School

    Secondary · 0.7 mi away

  • Jack & Jill Pre-School

    School · 0.7 mi away

  • Lincoln Elementary School

    Elementary · 0.7 mi away

  • Immaculate Conception School

    School · 0.7 mi away

  • Grace Lutheran Church

    Elementary · 0.8 mi away

  • Garfield Elementary 03

    Elementary · 1.0 mi away

  • Jefferson Elementary School

    Elementary · 1.0 mi away

  • WMS Arrows

    Elementary · 1.1 mi away

  • Trinity Lutheran Church

    School · 1.3 mi away

  • McKinley Elementary School

    Elementary · 1.4 mi away

  • Lake Area Technical Institute

    School · 3.0 mi away

  • Waverly-South Shore Elementary - 02

    Secondary · 9.2 mi away

  • Castlewood School

    Secondary · 13.2 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
920 14TH STREET SE, Watertown, SD$2,100,00022,846
1000 19TH STREET SE, Watertown, SD$2,500,00013,483

Moving Cost Estimate

EXIT Agents in Watertown

Listing Courtesy: DIAMOND REALTY - 6055202273

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northeast South Dakota Board of Realtors.

Last Updated: 2025-11-06

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by NortheastSD. MLS® Listing#28-1358. © 2026EXIT Realty®. All rights reserved.