205 S 3rd Street, Watertown, WI 53094

$349,500
6,640
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Design Realty, LLC.

List Price
$349,500
MLS#
1981585
Status
ACTIVE
Year Built
1960
County
Jefferson
Municipality
Watertown
TotalSqFt
6,640
Acres
0.15

Property Description

6,640 sf downtown commercial building. This is a property or building sale only. Fitness center & all of the equipment is owned by the tenant & is NOT included in the sale of the building. Fitness Center is under an escalating lease thru July 2030. The property is a 2-unit commercial building w/ fitness center 5800 sf in one unit, & an 800-sf office suite in the other. Both are long term tenants looking to continue. The office unit is fully remodeled w/ bathroom & full-size basement. The fitness center includes 2 bathrooms, an internal office space & basement used for mechanical items. Building is updated w/ all mechanicals incl: new rooftop HVAC 2025. Building is located in the historic downtown district, just over a block from Main St. on main artery running across city North to South.

Additional Information

TotalTaxes
$2,034
Basement
Block, Partial
Exterior
Brick, Brick/Stone, Aluminum Trim
Roof
Rubber/Membrane
Courtesy Of
Design Realty, LLC

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Copyright 2026 WIREX Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.