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    Watertown, SD Hospitality Properties for Sale

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    Goodwin, SD Estelline, SD South Shore, SD
    Turnkey Extended-Stay Property
    $2,400,000
    35,976 SF

    Turnkey Extended-Stay Property

    101 N Broadway Street, Watertown, SD 57201

    Income-producing property in downtown Watertown with development potential.

    • Turnkey, income‑producing extended‑stay property in downtown Watertown.
    • Leased on‑site restaurant provides steady income.
    • Upstairs event space with bar and dance floor is perfect for private events.
    • Adjacent vacant lot offers potential for future development/expansion.
    • Updated guest rooms designed for comfort and flexibility.
    Updated: Mar 23
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    93-Room Motel For Sale
    $1,600,000

    93-Room Motel For Sale

    93-room motel with seasonal heated pool and ample parking.

    1309 S. Ohlman Street |, Mitchell, SD 57301
    View details
    100-Room Hospitality Investment Opportunity
    $3,500,000

    100-Room Hospitality Investment Opportunity

    Hospitality property with 100 rooms, great investment opportunity.

    1300 West Russell Street, Sioux Falls, SD 57104
    View details
    98-Room Motel for Sale
    $4,600,000

    98-Room Motel for Sale

    98 guestrooms, manager's apartment, and brand conversion opportunity available.

    3200 W Russell St, Sioux Falls, SD 57107
    View details
    Established Campground on 11 Acres
    $1,200,000
    11.03 Acres

    Established Campground on 11 Acres

    Campground with 66 campsites, pool, and rental cabins.

    25474 403rd Ave, Mitchell, SD
    View details

    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.

    Recreational Land Near Blue Dog Lake
    $99,000
    4.51 Acres

    Recreational Land Near Blue Dog Lake

    4.51-acre property near Blue Dog Lake in Waubay, South Dakota.

    TBD 446th Ave, Waubay, SD 57273
    View details
    Prime Commercial Land in Huron
    $675,000

    Prime Commercial Land in Huron

    Over 5 acres of B-3 zoned commercial land.

    Huron, SD 57350
    View details
    Benson Land: Development Opportunity
    $389,200
    26.12 Acres

    Benson Land: Development Opportunity

    26.12 acres in Benson, MN, for urban development.

    0 20th Ave NE/Co 57, Benson, MN 56215
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details

    Watertown, SD Hospitality Properties Investment Opportunities Market Analysis

    Explore 1 hospitality properties for sale in Watertown, SD on our real estate platform. These investment opportunities span a total of 35,976 square feet of properties for sale, with an estimated market value of $2,400,000.

    Sale prices for hospitality properties in Watertown, SD start at $2,400,000, averaging $2,400,000, and reaching up to $2,400,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Watertown.

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    57201 $2.4M

    Taxes & Financing

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

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