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203 E KEMP AVENUE, Watertown, SD 57201

Codington County

Key Facts

6,500Sq Ft
1941Year Built

Description

The second level of 203 - 207 E Kemp Ave (formerly Grace Dance Academy) is available for lease. There are THREE individual spaces for lease which will have access to the Common Area. Space 2-A is 2255 square feet with a lease of $1100, Space 2-B is 1070 square feet with a lease of $700, and Space 2-C is 880 square feet with a lease of $600. If you lease the entire floor you get a BONUS space (2-D) of 276 square feet and full access to all of the common area for $2300/mo. Each tenant will be responsible for Common Area Maintenance (interior space only) based on their leased space. Common Area's include...a full kitchen and conference area, large entry/waiting room, & the bathrooms. If you lease the entire floor, there will be no CAM charges and you will be responsible for your own maintenance. The entire space has 11 foot ceilings. Access to the space is a stairwell from Kemp Ave. There is a 2500lb freight elevator with access to the alley and the 2nd level. The space is available on August 1st 2026. Tenants of the building pay the utilities.

Property Information

Property Type

Commercial Lease

Year Built

1941

Living Area

6,500 sq ft

MLS® Listing#

29-137

Property Features

HOA & Tax

Parcel #:
13026

Affordability Calculator

$460

Estimated monthly payment

$12/mo

Principal $1,840 · Est. interest $2,567 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Watertown, SD

$410,714
Median Listing Price
65
Median Days on Market
2,250
Median Sq Ft
$168
Median Price / Sq Ft
107
Active Listings
  • This home’s price is 99% below the area median.
  • Its price per sq ft is 100% below the area median.

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

Location

  • 203 E KEMP AVENUE, Watertown, SD 57201

Nearby Schools

  • Immaculate Conception School

    School · 0.2 mi away

  • Grace Lutheran Church

    Elementary · 0.2 mi away

  • Jack & Jill Pre-School

    School · 0.2 mi away

  • Garfield Elementary 03

    Elementary · 0.6 mi away

  • Watertown High School

    Secondary · 0.7 mi away

  • Mellette Elementary School

    Elementary · 0.7 mi away

  • Watertown Middle School

    School · 0.8 mi away

  • Watertown Intermediate School

    Secondary · 0.9 mi away

  • Northeast Technical High School

    Secondary · 0.9 mi away

  • Great Plains Lutheran High School

    Secondary · 1.1 mi away

  • Watertown Christian School

    School · 1.1 mi away

  • St. Martin's Lutheran Church

    School · 1.1 mi away

  • McKinley Elementary School

    Elementary · 1.2 mi away

  • Trinity Lutheran Church

    School · 1.2 mi away

  • Lincoln Elementary School

    Elementary · 1.2 mi away

  • Jefferson Elementary School

    Elementary · 1.5 mi away

  • WMS Arrows

    Elementary · 1.7 mi away

  • Lake Area Technical Institute

    School · 3.1 mi away

  • Waverly-South Shore Elementary - 02

    Secondary · 9.7 mi away

  • Castlewood School

    Secondary · 12.7 mi away

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EXIT Agents in Watertown

Listing Courtesy: SCOTT REALTY - 6058815896

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: 2026-05-22

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#29-137. © 2026EXIT Realty®. All rights reserved.