For Sale: Watertown MLS# 6779047
Active
NEW!
$449,000
Commercial: Retail/Shopping Center
Built 1910
0.12 acres
Watertown-Mayer schools
MLS# 6779047
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Property Description
Prime downtown commercial opportunity! Exceptional investment opportunity in a well-built building featuring durable spancrete main-level floor system. Currently occupied by a long-term tenant w/a lease secured through December 2028. Must be honored with purchase. Buyers benefit from immediate stable income w/the flexibility to extend the current lease or explore new business opportunities upon expiration. High visibility corner location, maximum exposure and steady traffic. Versatility with the potential to be divided into multiple units. Making it ideal for retail, office, or mixed-use operation.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$449,000
Property Type:
Commercial
City:
Watertown
Garage Spaces:
1
County:
Carver
Year Built:
1910
State:
MN
Property Style:
Retail/Shopping Center
Zip Code:
55388
Subdivision Name:
Mill Reserve Add
Interior
Ceiling Height:
8-10
Appliances Included:
Electric Water Heater
Basement Details:
- Concrete
- Full
- Partially Finished
Exterior
Stories:
One
Garage Spaces:
1
Garage Dimensions:
18x40
Garage Size:
720 ft2
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
4,000 ft2
Foundation Dimensions:
5080
Handicap Accessible:
Fully Wheelchair, Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Unit Amenities:
Multiple Phone Lines
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
- Block
- Other
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.12
Geolocation:
44.961787, -93.848396
Inclusions:
Building, Leases
Lot Dimensions:
0
Zoning:
- Business/Commercial
- Industrial
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
111
District Phone:
952-955-0480
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,832
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,832
Units
Total Units:
1
Miscellaneous
Current Use:
Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.