$349,500

0 Beds 0 Baths 6,640 Sqft

205 S 3rd Street, Watertown, WI 53094

Property Type: Commercial
Time on Market: 20 days
Price per Sqft: $53
Total Taxes: $2,034
Est. Age: 21+ Years

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.

Property Details

Interior

Basement:
  • Block, Partial
Heating/Cooling:
  • Central Air, Forced Air, Individual Heating Units
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 6,640
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 3501 or more,5001 or more,2501 or more

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Brick, Brick/Stone, Aluminum Trim
Parking:
  • Spaces: 0.0
Roofing:
  • Rubber/Membrane
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

Commercial:
  • Ceiling Height: 16 - 20 feet
  • Features: 220 Volts, Display Window, Inside Storage, Offices, Restroom(s), Security Equipment, Security Lighting
New Construction:
  • N
Postal:
  • Code: 53094
  • Zip+4: 4503
Real Estate Included:
  • N
Street:
  • Direction Prefix: S
  • Name: 3rd STREET
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • Commercial

Map

Listing Agent-Provided Directions:
  • Main Street to 3rd Street, South on 3rd to property on left

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Schools and Neighborhood

Postal City:
  • Watertown
Municipality:
  • Name: WATERTOWN
  • Type: City
County:
  • JEFFERSON

Market Comparison

How this property compares to local market averages — calculated 10/15/2026

This Property
Watertown Commercial Property Avg
Jefferson County Commercial Property Avg
List Price
$349,500
$259,136
$468,276
Median Price
—
$234,900
$367,450
Price / Sq Ft
$53
$123
$108
Days on Market
20 days
133 days
200 days
Total Listings
—
10
38

Listing Information

  • Time on Market: 20 days
  • Place Perfect Last Updated: 2026-10-12 08:43:30
  • MLS Number: 1981585
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Design Realty, LLC
  • Listing Agent: Jessica Janssen

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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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