Hospitality

Watertown, SD Hospitality Properties for Sale

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Florence, SD Goodwin, SD Lake Norden, SD Estelline, SD Clear Lake, SD
Renovated Hotel Property
Updated: Sep 17
Renovated Hotel Property

101 North Broadway, Watertown, SD 57201

$1,900,000
2 sqft
Most rooms have been renovated, with about 8 remaining
Restaurant space ready for new tenants
Commercially zoned hospitality property
101 North Broadway, Watertown, SD 57201
Street‑facing building configured for lodging operations
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Econo Lodge Hotel with Interior Corridors
Updated: Mar 31
Econo Lodge Hotel with Interior Corridors

920 14th St SE, Watertown, SD 57201

Contact for pricing
22,846 sqft
48 guest rooms
Interior corridor access to guest rooms
Econo Lodge branded hospitality property
Located at 920 14th St SE, Watertown, SD 57201
Positioned just off Interstate 29
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2 active listings match your search: Hospitality for sale in Watertown, SD. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Hotel Property with Manager Suite
Hotel Property with Manager Suite

1923 Dover St, Worthington, MN 56187

$899,000
2,921 sqft

Three-building hospitality property with 36 furnished rooms and an attached office.

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Full-Service Hotel with Indoor Pool
Full-Service Hotel with Indoor Pool

2015 N Humiston Ave, Worthington, MN 56187

$350,000

Guest-focused lodging property with meeting space, wellness amenities, recreational areas, and an on-site restaurant available for lease to an operator.

View details
Resort Camper with Sun Porch
Resort Camper with Sun Porch

7870 Cottage Lane SW #28, Alexandria, MN 56308

$112,500

Seasonal recreational accommodation with lake access, shared resort amenities, and an enclosed outdoor living area.

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Lakefront Seasonal Camper Site
Lakefront Seasonal Camper Site

7870 Cottage #19 Lane SW, Alexandria, MN 56308

$80,000
6.41 AC lot

Seasonal camper site with a deck, storage shed, and access to resort amenities beside Lake Andrew.

View details

Watertown, SD Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Watertown, SD on our real estate platform. These investment opportunities span a total of 22,848 square feet of properties for sale, with an estimated market value of $1,900,000.

Sale prices for hospitality properties in Watertown, SD average $1,900,000 — 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

Hotels 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 $1.9M

Taxes & Financing

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

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