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201 Lewis Ave S

4,121 SF 30% Leased Retail Building Watertown, MN 55388 $399,000 ($97/SF)

Investment Highlights

  • Downtown Watertown
  • Apartment
  • Fully Equipped Restaurant

Executive Summary

Price reduced for a quick sale! Fully equipped restaurant w/ apartment for sale! Located in downtown Watertown.
Approx. 2,726 sq. ft. restaurant w/ 6' kitchen hood and reach-in cooler. Stage in dining
area w/ full view clear garage door opening towards Lewis Ave. 2 Kitchen hoods, Type 2
for double deck pizza oven and 6' Type 1 hood w/ prep table. and Dish area. Fully equipped and turnkey. Selling as-is.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,121 SF
Building Class
C
Year Built
1879
Price
$399,000
Price Per SF
$97
Percent Leased
30%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.09 AC
Zoning
CB - Commercial Business
Frontage
41 FT on Lewis Ave

Amenities

  • Signage
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
85.0502750
Land Assessment
$23,500
Improvements Assessment
$387,700
Total Assessment
$411,200
  • Listing ID: 29950288

  • Date on Market: 11/2/2023

  • Last Updated:

  • Address: 201 Lewis Ave S, Watertown, MN 55388

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