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Gas Station with Convenience Store and Casino
For Sale
$1,750,000

103 5th St, Watertown, SD 57201

COMMERCIAL - Watertown, SD

Property Size3,360 SF
Lot Size0.58 Acres
Price / SF$520.83
Days on Market94

Property Features for 103 5th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision No Subdivision
Directions main highway 212 West to intersection Hwy 212 and 81 then turn North. Go to 1st St and Hwy 81.
Standard status Active
APN 11426
Size 3,360 SF
Lot size 0.58 Acres

Taxes and HOA fees

Tax Description Seven Eleven Addition Less Lot H1
Tax Annual Amount 7057
Legal Description Seven Eleven Addition Less Lot H1

Amenities

fresh exterior paint
new rooftop HVAC units
new coolers
new flooring
spray foam insulation
new lighting and wiring
top-tier security system
new cabinets
separate men's and women's restrooms
kitchen exhaust hood
new freezers
new refrigerators

Building Details

Year built 1980
Listing Agency: Market First Real Estate
Listed By: Tony Cady · License #14767
Added: Apr 30 Changed: Aug 1 Last Checked: Aug 1 at 1:06PM
MLS# 22602989

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This gas station property includes a convenience store and a casino, with a building size of 3,360 square feet on a 0.5789-acre lot. Built in 1980, the property has been recently updated, including fresh exterior paint and newly installed fuel tanks that were added just over 2 years ago. Inside, multiple upgrades support daily operations and service, including two new rooftop HVAC units, new coolers, new flooring, and a modern POS system.

Additional improvements include spray foam insulation, all new lighting and wiring, and a top-tier security system. The casino area includes separate men’s and women’s restrooms. For food service, the kitchen is equipped with a brand new exhaust hood, plus new freezers and refrigerators.

The property is described as located for high traffic at a busy corner intersection in Watertown, South Dakota.

Key Highlights

  • 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

Property Analytics

Current Use

CLARK Gas Station Winner's Circle Casino Hotel & Motel 81 Kwik Stop Grocery & Convenience Store

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant HVAC Service Skin Care Clinic Dental Office Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby
74k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 20% Home Improvements & Furnishings 8%
McDonald's Dining
23,214 visits/mo 0.1 miles
Taco John's Dining
14,703 visits/mo 0.4 miles
Scooter's Coffee Dining
8,880 visits/mo 0.3 miles
Nyberg's Ace Hardware Home Improvements & Furnishings
4,646 visits/mo 0.2 miles
Zesto Dining
3,507 visits/mo 0.3 miles

Demographics for 57201, SD

26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Clean, recently updated corner convenience store and casino with new fuel tanks, rooftop HVAC, and upgrades for food service.
Where is this gas station located?
The property is located at 103 5th St Watertown, SD.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 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
More about this property
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