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Watertown, SD Casinos for Sale

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Goodwin, SD Lake Norden, SD Arlington, SD Clear Lake, SD
Gas Station with Convenience Store and Casino
Updated: Apr 30
Gas Station with Convenience Store and Casino

103 5th St, Watertown, SD 57201

$1,750,000
3,360 sqft 0.58 AC lot
0.5789‑acre lot with a 3,360 SF convenience store and casino building
New fuel tanks installed just over 2 years ago
Two new rooftop HVAC units plus new coolers and new flooring
Spray foam insulation, all new lighting and wiring, and a top‑tier security system
Casino area with separate men’s and women’s restrooms
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Highway 212 Income-Producing Property
Updated: Mar 20, 2025
Highway 212 Income-Producing Property

20-22 9th Ave SW, Watertown, SD 57201

Contact for pricing
46,294 sqft
High‑traffic location on Highway 212 with excellent visibility.
Multiple income streams from fuel sales, two on‑site casinos, and leased retail space.
Newer fuel pumps and tanks.
Two on‑site casinos with convenient rear parking.
Heated garage area with potential for conversion into additional revenue‑generating space (office, car wash, etc.).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Equipped Restaurant with Casino
Equipped Restaurant with Casino

31820 SD Hwy 37, Running Water, SD 57062

$515,000
1.25 AC lot

Restaurant property includes kitchen equipment, inventory, a walk-in cooler, casino area, and wraparound deck seating.

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Turnkey Restaurant and Casino
Turnkey Restaurant and Casino

31820 SD Hwy 37, Running Water, SD 57062

$515,000
1.25 AC lot

For sale turnkey operation with a commercial kitchen, walk-in cooler, casino space, and wraparound deck seating.

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Full-Service Hotel with Waterpark
Full-Service Hotel with Waterpark

1301 W Russell St, Sioux Falls, SD 57104

Contact for pricing

Fee simple sale of a 150-key Ramada by Wyndham hotel with an indoor waterpark and 5,000 sq. ft. of event space.

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Restaurant Lounge and Casino
Restaurant Lounge and Casino

200 E 8th St, Sioux Falls, SD 57103

Contact for pricing

Restaurant, lounge, and casino with a large patio overlooking the Big Sioux River and nearby attractions.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Muskegon Land Near Lakes Mall
Muskegon Land Near Lakes Mall

2025 E Sternberg Road, Muskegon, MI 49444

$1,250,000
11.60 AC lot

11 acres near Lakes Mall, suitable for development.

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Verona Commercial Land For Sale
Verona Commercial Land For Sale

5416 Willow Place, Verona, NY 13478

$2,500,000
232,175 sqft 5.33 AC lot

Prime development acreage near Turning Stone Casino and NYS Thruway.

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Waterfront Land with Gaming Approval
Waterfront Land with Gaming Approval

860 S 23rd Avenue, Gulfport, MS 39501

$2,950,000
113,256 sqft 1.80 AC lot

Waterfront land with hard and bottom land previously approved for gaming in the Gulfport Harbor area.

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Gaming-Zoned Land Parcel
Gaming-Zoned Land Parcel

401 Caillavet Street, Biloxi, MS 39530

$11,000,000
479,000 sqft 11.00 AC lot

Multi-parcel land offering gaming zoning and documented drainage plus cell tower easements.

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Watertown, SD Casinos Market Trends and Statistics

Explore 2 casinos for sale in Watertown, SD on our real estate platform. These investment opportunities span a total of 49,654 square feet of properties for sale, with an estimated market value of $1,750,000.

Sale prices for gaming properties in Watertown, SD average $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Casinos 2

Demographics Overview

Population 26K
Population Growth (5Y) +4.3%
Median Household Income $64,809
College Educated 27.5%

High-Yield Neighborhoods for Investment

Identify Watertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57201 $1.8M

Taxes & Financing

Tax Rate (average for all types) 1.34%
Average Loan-to-Value 65.0%

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