Watertown, SD
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    Watertown, SD Parking Lots & Garages for Sale

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    Goodwin, SD Estelline, SD South Shore, SD
    Highway 212 Income-Producing Property
    $950,000
    46,294 SF

    Highway 212 Income-Producing Property

    20-22 9th Ave SW, Watertown, SD 57201

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

    • 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.
    • Two on‑site casinos with convenient rear parking.
    • Heated garage area with potential for conversion into additional revenue‑generating space (office, car wash, etc.).
    Updated: Mar 20, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sioux Falls Office Building
    $2,175,000
    6,800 SF

    Sioux Falls Office Building

    Updated office building with heated parking garage and surface parking.

    112 S Dakota Ave, Sioux Falls, SD
    View details
    Sioux Falls Commercial Property For Sale
    $3,200,000

    Sioux Falls Commercial Property For Sale

    Two-building commercial property with strong revenue potential in Sioux Falls.

    1000 South Grange Avenue, 1201 W. 18th Street, Sioux Falls, SD 57104
    View details
    Spacious Garages with RV Storage
    $425,250
    6,400 SF

    Spacious Garages with RV Storage

    Garages for RVs, cars, and toys with association ownership.

    6149 Storage LN NE #71, Carlos, MN 56319
    View details
    Storage Garage Condominium For Sale
    $425,250
    6,400 SF

    Storage Garage Condominium For Sale

    Storage garage condominium for RVs, cars, and toys.

    6149 Storage Ln Ne Unit #71, Carlos, MN 56319
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Recreational Land Near Blue Dog Lake
    $99,000
    4.51 Acres

    Recreational Land Near Blue Dog Lake

    4.51-acre property near Blue Dog Lake in Waubay, South Dakota.

    TBD 446th Ave, Waubay, SD 57273
    View details
    Commercial Land Ready For Development
    $115,000
    0.60 Acres

    Commercial Land Ready For Development

    0.6 acre commercial lot with utilities in Montevideo, MN.

    590 Hwy 29 S, Montevideo, MN 56265
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    Commercial Lot in Charles City
    $104,000
    0.51 Acres

    Commercial Lot in Charles City

    Vacant commercial lot with concrete parking in high-traffic area.

    501 Freeman, Charles City, IA 50616
    View details
    Residential Lots in Vogler Development
    $45,000
    0.22 Acres

    Residential Lots in Vogler Development

    Residential lots available in Weeping Water, Nebraska.

    Lots 3-4, Blk 2 N East Park Street, Weeping Water, NE 68463
    View details

    Watertown, SD Parking Lots & Garages Investment Opportunities Market Analysis

    Explore 1 parking lots & garages for sale in Watertown, SD on our real estate platform. These investment opportunities span a total of 46,294 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for parking garages in Watertown, SD start at $950,000, averaging $950,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Gas stations 2
    Parking lots & garages 1

    Demographics Overview

    Population 26K
    Population Growth (5Y) +4.3%
    Median Household Income $64,809
    College Educated 27.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Watertown submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    57201 $950K

    Taxes & Financing

    Tax Rate (average for all types) 1.34%
    Average Loan-to-Value 65.0%

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