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Highway 212 Income-Producing Property
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20-22 9th Ave SW, Watertown, SD 57201

Versatile commercial property with multiple income streams on high-traffic Highway.

Property Size46,294 SF
Price / SF$17.28
Days on Market510

Property Features for 20-22 9th Ave SW

General Information

Standard status Active
Size 46,294 SF
Class B
Property subtype Land
Zoning C3
Lease Type Gross
Investment Type Owner/User

Building Details

Year Built 1984
Year Renovated 2023
Buildings 1
Stories 1
Units 3
Listing Agency: SoDak Realty
Listed By: Jason Goette · License #17528
Source: Crexi
Added: Mar 20, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:40PM

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

Investment Insights

Based on property information with market context.

Located on high-traffic Highway 212 in Watertown, SD, this property presents a business opportunity with multiple income streams. The property features newer fuel pumps and tanks, along with two on-site casinos with rear parking. A leased retail space, currently occupied by a dispensary, generates additional rental income. A heated garage area offers flexible space with potential for conversion into office space, a car wash, or other business ventures. Currently, the owner uses this space for storage. Opportunities exist for expansion, including the addition of a kitchen to enhance food service options, as well as a designated bait and tackle area. The property size is 46294 square feet.

Key Highlights

  • High‑traffic location on Highway 212 with excellent visibility.
  • Multiple income streams from fuel sales, two on‑site casinos, and leased retail space.
  • Newer fuel pumps and tanks.

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic Carpet & Flooring Store Food Market Locksmith

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

383
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 86% Shops & Services 14%
Taco John's Dining
14,703 visits/mo 0.3 miles
Scooter's Coffee Dining
8,880 visits/mo 0.4 miles
Zesto Dining
3,507 visits/mo 0.4 miles
Marathon Shops & Services
2,852 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
1,393 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Versatile commercial property with multiple income streams on high-traffic Highway.
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 $800,000.
What are key features of this property?
This property features: High‑traffic location on Highway 212 with excellent visibility.; Multiple income streams from fuel sales, two on‑site casinos, and leased retail space.; Newer fuel pumps and tanks.
(605) 868-2851 Call to check price and availability
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