182 N MAPLE STREET, Watertown, SD 57201
Codington County
Key Facts
Description
Value-add industrial opportunity near downtown Watertown. Zoned I-1 Industrial and not located in a flood zone, this versatile commercial asset totals 6,268 sq ft, including basement and shop space. The 3,874 sq ft main level features refreshed office and flex space with new carpet and paint, offering immediate usability while leaving upside for reconfiguration or expansion. The 1,200 sq ft shop is uniquely designed with a split elevation—half ground level and half main-floor height—allowing it to function as a loading dock, a rare operational advantage for industrial and service users. The layout supports multiple use cases including owner-user operations, light industrial, contractor space, storage, or future tenant division. Strategically located near downtown with strong zoning, functional shop access, and cosmetic updates already completed, this property presents a compelling opportunity for investors seeking cash flow potential, repositioning upside, or long-term industrial hold.
Property Information
Property Type
Commercial Sale
Year Built
1918
Living Area
6,268 sq ft
Lot Dimensions
13,156 SQ FT
MLS® Listing#
41-124
Property Features
Financial Details
Annual Taxes
$836
Tax year 2025
Parcel Number
6284
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Watertown, SD
- $403,571
- Median Listing Price
- 74
- Median Days on Market
- 2,250
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 103
- Active Listings
- This home’s price is 38% below the area median.
- Its price per sq ft is 76% 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 · 0.3 mi away
Immaculate Conception School
School · 0.4 mi away
Grace Lutheran Church
Elementary · 0.4 mi away
Mellette Elementary School
Elementary · 0.5 mi away
Watertown High School
Secondary · 0.7 mi away
Watertown Middle School
School · 0.7 mi away
Watertown Intermediate School
Secondary · 0.8 mi away
Garfield Elementary 03
Elementary · 0.8 mi away
Northeast Technical High School
Secondary · 0.8 mi away
Great Plains Lutheran High School
Secondary · 0.9 mi away
Watertown Christian School
School · 0.9 mi away
St. Martin's Lutheran Church
School · 0.9 mi away
Lincoln Elementary School
Elementary · 1.1 mi away
McKinley Elementary School
Elementary · 1.1 mi away
Jefferson Elementary School
Elementary · 1.3 mi away
Trinity Lutheran Church
School · 1.3 mi away
WMS Arrows
Elementary · 1.5 mi away
Lake Area Technical Institute
School · 3.0 mi away
Waverly-South Shore Elementary - 02
Secondary · 9.6 mi away
Castlewood School
Secondary · 13.0 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 |
|---|---|---|---|---|
| 622 S BROADWAY --, Watertown, SD | $176,000 | 4 | 2 | 1,760 |
| 324 2ND STREET NE, Watertown, SD | $180,000 | 3 | 2 | 2,092 |
| 11 4TH AVENUE NE, Watertown, SD | $185,000 | 6 | 3 | 2,870 |
| 1ST AVENUE, Watertown, SD | $187,900 | — | — | — |
| 423 7TH AVENUE NE, Watertown, SD | $189,900 | 2 | 1 | 1,206 |
| 109 1ST STREET SW, Watertown, SD | $199,000 | 4 | 2 | 1,902 |
Moving Cost Estimate
EXIT Agents in Watertown
Listing Courtesy: SoDak Realty, LLC - 6058682851
Last Updated: 2026-01-23