Watertown, SD Hospitality properties for sale

Updated: Jun 3

Extended-Stay Hotel with Restaurant

101 N Broadway Street, Watertown, SD 57201

$1,875,000

35,976 sqft

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.

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Updated: Mar 23

Turnkey Extended-Stay Hospitality Property

101 N Broadway, Watertown, SD 57201

$1,875,000

Extended‑stay lodging property located in downtown Watertown, SD
Updated guest rooms designed for comfort and flexibility for short‑term stays
Leased on‑site restaurant provides steady income
Upstairs event space includes a bar and dance floor
Adjacent vacant lot provides space for future development, expanded lodging, or additional parking

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

98-Room Motel for Sale

3200 W Russell St, Sioux Falls, SD 57107

$3,900,000

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

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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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Seasonal Camper Lot on Lakefront

7870 Cottage #19 Lane SW, Alexandria, MN 56308

$80,000

6.41 AC lot

Seasonal camper spot at Cottage Grove Resort with a deck, storage shed, and a 1-bedroom, 1-bath layout steps from the water.

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Lakeshore Campground and Cabins

5950 County Road 8 NW, Alexandria, MN 56308

$798,500

1,551,607 sqft

Lakeshore property with 22 camper/RV sites, shared septic and well, plus rental cabins along approximately 1,200 feet of shoreline.

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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.

Waterfront Land with Highway Frontage

446th Ave, Waubay, SD 57273

$75,000

4.51 AC lot

Recreation-focused acreage with US Highway 12 frontage near Blue Dog Lake and nearby public fishing access points.

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Lakefront Recreation Lot with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800

0.46 AC lot

Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

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B-3 Zoned Commercial Land Lot

Huron, SD 57350

$675,000

B-3 zoned commercial land in a developing Huron area, positioned near the city’s main thoroughfare for flexible business use.

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Level Development Land

20th Ave NE/Co 57, Benson, MN 56215

$389,200

26.12 AC lot

Primarily level land zoned for urban development, fronting County Road 57 with planned west-side street extensions.

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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 35,976 square feet of properties for sale, with an estimated market value of $3,750,000.

Sale prices for hospitality properties in Watertown, SD average $1,875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
57201	$1.9M

Neighborhood

Average Price

57201

$1.9M