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Turnkey Extended-Stay Hospitality Property

101 N Broadway Watertown, SD 57201

101 N Broadway, Watertown, SD, 57201
$1,875,000
For Sale
$1,875,000

Turnkey extended-stay lodging with an on-site leased restaurant and upstairs event space with bar and dance floor.

Days on Market121

Property Features for 101 N Broadway

General Information

Standard status
Active
Listing agency SoDak Realty LLC
Listed by Jason Goette · License #17528
Source Exprealty
Added: Mar 23 Updated: Jul 21 at 3:24PM Checked: Jul 21 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SoDak Realty LLC


Investment Insights

Based on property information with market context.

The Guest House on Broadway is a turnkey, income-producing extended-stay hospitality property offering updated guest rooms for short-term stays. The property also includes an on-site restaurant that is currently leased, providing an additional income stream. Upstairs, there is event space with a bar and dance floor suited to private events, parties, and community gatherings.

The property is located at 101 N Broadway in downtown Watertown, SD, in a high-visibility area near dining, shopping, and local attractions. An adjacent vacant lot is included, offering potential for future development, expanded lodging, or additional parking.

This offering is well-suited for an owner-operator or investor seeking multiple income streams, supported by the in-place leased restaurant and event space configuration.

Key Highlights

  • 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

Property Analytics

Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Locksmith Carpet & Flooring Store Barber Shop Skin Care Clinic Tech Support Center Butcher Daycare Center HVAC Service Food Market (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Hotel - Turnkey extended-stay lodging with an on-site leased restaurant and upstairs event space with bar and dance floor.
Where is this hotel located?
The property is located at 101 N Broadway 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: 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
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