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Convenience Store with Casino
For Sale
$1,750,000

103 5th St, Watertown, SD 57201

Updated retail facility includes fuel infrastructure, food-service equipment, and separate casino restrooms.

Property Size3,360 SF
Price / SF$520.83
Days on Market202

Property Features for 103 5th St

General Information

Standard status Active
Size 3,360 SF
Property subtype Commercial

Building Details

Year Built 1980
Listing Agency: Market First Real Estate
Listed By: Tony Cady · License #14767
Source: Siouxfallsareahomesearch
Added: Feb 9 Changed: Aug 30 Last Checked: Aug 30 at 11:41AM

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 Market First Real Estate

Investment Insights

Based on property information with market context.

This 3,360-square-foot convenience store was built in 1980 and includes an on-site casino component. Recent improvements include exterior repainting, new flooring, spray foam insulation, updated lighting and wiring, and cabinets prepared for quartz countertops. The property also has two new rooftop HVAC units, new coolers, a modern POS system, and a security system.

Fuel tanks were installed just over 2 years ago. The food-service area is equipped with a new exhaust hood, freezers, and refrigerators. The casino area has separate men’s and women’s restrooms, supporting distinct customer facilities within the building.

Key Highlights

  • 3,360 SF convenience store with casino
  • Fuel tanks installed just over 2 years ago
  • Two new rooftop HVAC units, new coolers, and a modern POS system

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.

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 19% Home Improvements & Furnishings 10%
Casey's Shops & Services
13,780 visits/mo 0.2 miles
SUBWAY Dining
4,686 visits/mo 0.1 miles
Commerce Bank Shops & Services
2,333 visits/mo 0.3 miles
Slumberland Furniture Home Improvements & Furnishings
1,419 visits/mo 0.3 miles
First Interstate Bank Shops & Services
1,119 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?
Grocery and convenience store - Updated retail facility includes fuel infrastructure, food-service equipment, and separate casino restrooms.
Where is this grocery and convenience store 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: 3,360 SF convenience store with casino; Fuel tanks installed just over 2 years ago; Two new rooftop HVAC units, new coolers, and a modern POS system
More about this property
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