Extended-Stay Hotel with
101 N Broadway Street Watertown, SD 57201
101 N Broadway Street, Watertown, SD, 57201
$1,875,000
For Sale
$1,875,000
COMMERCIAL - Watertown, SD
Property Size35,976 SF
Price / SF$52.12
Days on Market49
Property Features for 101 N Broadway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 35,976 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- LOT 1 LESS LOT H1 & LOT 2 LITTLE RIVER CITY ADD
- Tax Annual Amount
- 14062
Building Details
- Year built
- 1964
Listing agency
SoDak Realty LLC
(605) 868-2851
Listed by
Jason Goette · License #17528
(605) 868-2851
Added: Jun 3 Checked: Jul 21 at 1:06PM
MLS# 26-173
Copyright © 2026 Aberdeen Board of Realtors. 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.
The Guest House on Broadway is a turnkey extended-stay hospitality property featuring updated guest rooms built for short-term stays. The building also includes a leased on-site restaurant, providing an operating component within the property. Upstairs, there is an event space with a bar and a dance floor, supporting private events, parties, and community gatherings.
Located at 101 N Broadway Street in downtown Watertown, South Dakota, the property is positioned in a high-visibility area near dining, shopping, and local attractions. In addition to the primary building, there is an adjacent vacant lot that can support future development, expanded lodging, or additional parking, depending on an owner’s plans.
This setup suits an owner-operator or investor looking for a hospitality platform that combines lodging with an on-site restaurant and flexible event space. The presence of updated rooms and a dedicated event area may appeal to operators seeking to run multiple types of revenue-generating activity from one location. The adjacent lot further supports long-range flexibility for potential expansion or parking needs based on the buyer’s operating strategy.
Located at 101 N Broadway Street in downtown Watertown, South Dakota, the property is positioned in a high-visibility area near dining, shopping, and local attractions. In addition to the primary building, there is an adjacent vacant lot that can support future development, expanded lodging, or additional parking, depending on an owner’s plans.
This setup suits an owner-operator or investor looking for a hospitality platform that combines lodging with an on-site restaurant and flexible event space. The presence of updated rooms and a dedicated event area may appeal to operators seeking to run multiple types of revenue-generating activity from one location. The adjacent lot further supports long-range flexibility for potential expansion or parking needs based on the buyer’s operating strategy.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
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FAQs
What type of property is this?
Hotel - Turnkey extended-stay property with updated guest rooms, a leased on-site restaurant, and an upstairs event space.
Where is this hotel located?
The property is located at 101 N Broadway Street Watertown, SD.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 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.
