205 S 3rd St, Watertown, WI 53094

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.