Listed By
Agency Name: Dane Arthur Real Estate Agency
Agency Phone: 218-692-6003
Shown By
Agent Name: Dan Zugschwert, Home Sales Team
Agent Phone: (651) 357-2731
Agency Title: Counselor Realty
Property Description
Exceptional townhome development opportunity in the growing community of Watertown. This fully platted development consists of 12 individually platted townhome lots (12 separate PIDs) with 5 existing units and approvals for 7 additional units. The existing residences include four 2BR/2BA units and one 3BR/2BA unit, each offering 1,408 finished sq. ft., walkout lower levels, and attached two-car garages. Numerous capital improvements have been completed, including newer windows and entry doors, a roof approximately 9 years old, and many units featuring updated kitchens, HVAC systems, bathroom vanities, and flooring. Tenants pay all utilities, providing an attractive investment opportunity. The remaining 7 lots offer excellent development potential, with the southern three lots accommodating larger 22' x 48' building footprints and the northern four lots designed for expansive 22' x 66' footprints - allowing substantially larger townhomes than the existing units. Utilities are available in the street, reducing future development costs. A rare opportunity to acquire an income-producing asset with significant expansion potential.
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409 Hunter Drive, Watertown, MN 55388
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409 Hunter Drive, Watertown, MN 55388
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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409 Hunter Drive | MLS# 7113000
This commercial property located at 409 Hunter Drive, Watertown, MN 55388 is currently listed for sale with an asking price of $1,595,000. Hunter Drive is located within the Watertown-Mayer school district. Search Watertown real estate on dzugschwert.counselorrealty.com today.