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    20-22 9Th Ave SW Watertown, SD 57201

    For Sale
    $1,300,000

    Commercial - Watertown, SD

    Days on Market:
    102
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 20-22 9Th Ave SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    6064
    Parking features
    Garage

    Building Details

    Year built
    1984
    Year renovated
    1984
    Architectural style
    Other

    SoDak Realty

    Listing agent Jason Goette

    Listing date Sep 3, 2025

    MLS# 11466650 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 212 Business Opportunity

    Located on Highway 212 in Watertown, SD, Little River City is available for purchase. The property includes newly installed pumps and tanks, along with two casinos that offer rear parking. There is rental space currently leased to a dispensary. The heated garage area offers income-generating opportunities, such as office space, a car wash, or a pet wash, but is currently used by the owner for storage. There is also potential for a kitchen to expand food offerings, along with a designated bait and tackle area. The property is zoned 200.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Codington
    State
    South Dakota
    Longitude
    -97.119244
    Latitude
    44.889769

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    FAQs

    What type of property is this?
    Gas station - Highway 212 business with casinos, rental space, and garage.
    Where is this gas station located?
    The property is located at 20-22 9Th Ave SW Watertown, SD.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - High-traffic location on Highway 212; - Newly installed pumps and tanks; - Two casinos with rear parking
    (605) 303-6929
    Request Owner's contact information
    20-22 9Th Ave SW Watertown, SD 57201
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    Watertown, SD 57201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20-22 9Th Ave SW Watertown, SD 57201
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