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Jefferson CountyMLS 1981585

205 S 3rd St

Watertown, Wisconsin 53094

$349,500

205 S 3rd St, Watertown, photo 1 of 16
—Bedrooms
—Bathrooms
6,640Square feet
1960Year built

About this home

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.

Facts & features

Status
For Sale
Property type
Comm/Industrial
Year built
1960
Finished sq ft
6,640
Lot size
0.15 acres
Basement
Partial, Block
Cooling
Central Air
Annual taxes
$2,034 (2025)
County
Jefferson
Days on market
56
MLS#
1981585
Construction
Low Maintenance Trim, Brick
Roof
Rubber
Water
Municipal Water
Sewer
Municipal Sewer
Zoning
Commercial

Location

Directions: Main Street to 3rd Street, South on 3rd to property on left

Estimated monthly payment

$2,053/mo

Principal & interest
$1,767
Property tax
$170
Insurance (estimate)
$117

20% down, 30-year fixed at 6.5%. An estimate, not a loan offer. Change the numbers

Listing courtesy of Design Realty, LLC · Jessica Janssen. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Nov 12, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.