301 Territorial St E, Watertown, MN 55388 Property Records

Carver County property record for 301 Territorial St E, Watertown, MN 55388

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	4,875 sqft · built 1971
Lot Size	0.913 acres (39,770 sqft)
Owner	Company Name on Record
Last Sale	$2,113,387 (Oct 2024)
Tax Bill	$25,618 (2026)
Deeds & Mortgages	Oct 2024 Sale Oct 2024 Sale
Flood Zone	Zone X (minimal risk)
APN	`85-0503860`

Property Details

APN / Parcel Number

Primary APN	`85-0503860`

Interior

Stories	1 Story
Building Area	4,875 sqft Heated Area
1st Floor Area	4,875 sqft

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1984
Exterior Material	Brick Veneer
Lot Area	39,770 sqft (0.913 acres)
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	Evaporative
Heating System	Forced Air with A/C

Location & Zoning

Street Address	301 TERRITORIAL ST E
City	WATERTOWN
State	MN
Zip	55388-9284
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Description	SECTION 09 TOWNSHIP 117 RANGE 025 CITY LOTS OF WATERTOWN BLOCK 068 NELY 1/2 OF NWLY 1/2 & NWLY 1/2 OF SWLY 165' OF NWLY 1/2
Legal Range	025
Legal Township	117
Legal Section	09
Legal Subdivision	CITY LOTS OF WATERTOWN
Legal Block	68
Jurisdiction	CARVER MN
Township / Civil Division	WATERTOWN
Census Block Group	3
Census Block	3037
Census Tract	90102

Owner

Source: Carver County records, as of August 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	8555 EAGLE POINT BLVD, LAKE ELMO, MN 55042-8626
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 3, 2024	Deed, Transfer OLD REPUBLIC TITLE, OLD REPUBLIC NATL TTL INS
Oct 3, 2024	Limited Warranty Deed, Transfer OLD REPUBLIC TITLE, OLD REPUBLIC NATL TTL INS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 3, 2024 · Amount on Record
Deed Sale	Oct 3, 2024 · Amount on Record
Deed Document Number	2024778037
Record Updated	Sep 20, 2026

October 2024: Deed, Transfer

Document Type	Deed
Jurisdiction	CARVER MN
Recording Date	Oct 3, 2024
Property Address	301 TERRITORIAL ST E, WATERTOWN, MN 55388-9284
Document Number	000A778038
Instrument Date	Sep 27, 2024
Instrument	A778038
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	OLD REPUBLIC TITLE, OLD REPUBLIC NATL TTL INS

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

October 2024: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	CARVER MN
Recording Date	Oct 3, 2024
Property Address	301 TERRITORIAL ST E, WATERTOWN, MN 55388-9284
Document Number	000A778037
Instrument Date	Sep 27, 2024
Instrument	A778037
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	OLD REPUBLIC TITLE, OLD REPUBLIC NATL TTL INS

Transaction

Amount	Amount Recorded
Tax	$6,974.18
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	8555 EAGLE POINT BLVD, LAKE ELMO, MN 55042-8626

Transferred To (Grantee/Buyer)

Name	Verified Name

Tax Assessment & Valuation

Source: Carver County assessment roll, as of August 14, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Carver County
Municipality	Watertown City
Unified School District	Watertown-Mayer Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$25,618.00 (+17.98%)	$904,800 (+2.28%) Land $198,200 Building $706,600	$904,800 (+2.28%) Land $198,200 Building $706,600
2025		$884,600 (+10.56%) Land $198,200 Building $686,400	$884,600 (+10.56%) Land $198,200 Building $686,400
2024	$21,714.00 (+14.21%)	$800,100 (+1.85%) Land $127,200 Building $672,900	$800,100 (+1.85%) Land $127,200 Building $672,900
2023	$19,012.00	$785,600 Land $127,200 Building $658,400	$785,600 Land $127,200 Building $658,400

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective November 23, 2023

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 96% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Watertown serves 4,550 people · EPA ID MN1100012
Water Source	Groundwater
Last State Inspection	Aug 2024
Lead	4 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 252 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
GigFire Fixed Wireless	150 / 130
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Metronet, Verizon.

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