00 1ST AVENUE NE, Watertown, SD 57201
Codington County
Key Facts
Description
This is a premier commercial and residential opportunity in the heart of Watertown's newest growth hub. These two adjacent lots offer a combined 1.5 acres of high-visibility, multi-use potential directly across from the state-of-the-art Prairie Lakes Ice Arena. The high foot traffic from hockey games, tournaments, and ice-skating events makes this an ideal site for destination dining or sports bars. Potential for main level commercial use and apartments above make this space a blank canvas for any developer. A short walk across the parking lot will bring you to the home of the Watertown Shamrocks and Lakers hockey games.
Property Information
Property Type
Land
Sub-Type
Mixed Use
Lot Size
1.57 acres
Lot Dimensions
68629
MLS® Listing#
30-4835
Property Features
Financial Details
Annual Taxes
$239
Tax year 2025
Parcel Number
21203
Directions
The lot south of the Prairie Lakes Ice Arena
Affordability Calculator
$2
Estimated monthly payment
$0/mo
Principal $6 · Est. interest $9 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Watertown, SD
- $410,714
- Median Listing Price
- 67
- Median Days on Market
- 2,250
- Median Sq Ft
- $166
- Median Price / Sq Ft
- 107
- Active Listings
- This home’s price is 100% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Watertown, SD.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 921 10TH AVENUE SE, Watertown, SD | $7/sqft | — | — | 1,530 |
| 893 10TH AVENUE SE, Watertown, SD | $7/sqft | — | — | 1,917 |
| 1ST AVENUE NE, Watertown, SD | $8 | — | — | — |
| WILLOW CREEK DRIVE, Watertown, SD | $8 | — | — | — |
| 2643 10TH AVENUE SE, Watertown, SD | $9/sqft | — | — | 1,872 |
| 715 S MAPLE STREET, Watertown, SD | $9/sqft | — | — | 2,616 |
Moving Cost Estimate
Listing Courtesy: HAUGAN NELSON REALTY, INC - 6058867080
Last Updated: 2026-03-09