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Updated Gas Station with 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 Market139

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

security system
spray foam insulation
new cabinets
new flooring
new HVAC units

Building Details

Year built 1980
Listing Agency: Market First Real Estate
Listed By: Tony Cady · License #14767
Added: Apr 30 Changed: Sep 15 Last Checked: Sep 15 at 9:06PM
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.

The 3,360-square-foot gas station and convenience store was built in 1980 and includes an interior casino area with separate men's and women's restrooms. Improvements include two rooftop HVAC units, new coolers, a modern POS system, new flooring, spray-foam insulation, updated lighting and wiring, and a security system. Fuel tanks were installed just over 2 years ago. Food-service equipment includes a new exhaust hood, freezers, refrigerators, and cabinets prepared for quartz countertops.

Located at 103 5th St in Watertown, the property sits at the intersection of Hwy 81 and 1st Ave on a 0.5789-acre parcel. The property is zoned Commercial.

Key Highlights

  • 3,360‑square‑foot gas station and convenience store on 0.5789 acres
  • Interior casino area with separate men's and women's restrooms
  • Fuel tanks installed just over 2 years ago

Property Analytics

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Current Use

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

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store 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

271
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Sinclair Shops & Services
9,902 visits/mo 0.5 miles
Dollar General Shops & Services
7,992 visits/mo 0.1 miles
Super Wash Shops & Services
1,249 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Commercial property combines convenience retail, fuel service, and a dedicated casino area.
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: 3,360‑square‑foot gas station and convenience store on 0.5789 acres; Interior casino area with separate men's and women's restrooms; Fuel tanks installed just over 2 years ago
More about this property
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