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Watertown, SD Hotels for Sale

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Goodwin, SD Lake Norden, SD Arlington, SD Estelline, SD
Extended-Stay Hotel with Restaurant
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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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.

60-Unit Hotel in LeMars, Iowa
60-Unit Hotel in LeMars, Iowa

1201 Hawkeye Ave SW, Le Mars, IA 51031

$1,399,999
23,869 sqft

60-unit hotel with event room in high-traffic area.

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60-Unit Hotel with Event Room
60-Unit Hotel with Event Room

Le Mars, IA 51031

$1,399,999
2.30 AC lot

60-room hotel with interior corridors, PTAC units, and an attached event room plus on-site coin laundry and vending.

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Riverfront Hospitality Asset with Redevelopment Potential
Riverfront Hospitality Asset with Redevelopment Potential

1 River Bend Pl, Chaska, MN 55318

$5,750,000
72,578 sqft

Riverfront property in downtown Chaska with redevelopment potential.

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Chaska Hospitality Property For Sale
Chaska Hospitality Property For Sale

1 Oak Ridge Dr |, Chaska, MN 55318

Contact for pricing
171 sqft

Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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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.

Commercial Development Land Lot
Commercial Development Land Lot

N 2nd Avenue, Waite Park, MN 56387

$309,900
0.88 AC lot

Nearly an acre of commercial land with strong intersection exposure on 2nd Avenue North in Waite Park.

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Commercial Development Land with IDD Zoning
Commercial Development Land with IDD Zoning

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

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Commercial Development Land Parcel
Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Prime Corner Land in Waukee
Prime Corner Land in Waukee

Outlot W Grand Prairie Parkway, Waukee, IA 50263

$3,920,400
4.56 AC lot

4.56 acres in Iowa's fastest growing community.

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Watertown, SD Hotels Market Trends and Statistics

Explore 1 hotels 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 $1,875,000.

Sale prices for resorts in Watertown, SD start at $1,875,000, averaging $1,875,000, and reaching up to $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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

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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