103 5Th StWatertown, SD 57201

Property Details for 103 5Th St

Year built

1980

Lot size

0.58 AC

Property type

Other commercial real estate

APN

11426

APU

11426

Description

This exceptional investment opportunity presents a thriving convenience store and gas station located at 103 5th St NE, Watertown, SD 57201, in Codington County. The property, situated on a busy corner of Hwy 81 and 1st Ave, boasts a substantial 3,360 square foot building on a 27,028 square foot lot. Built in 1980, the single-story structure is zoned for commercial use and currently operates at 100% occupancy. The property includes four gas pumps and recently underwent significant improvements, including a fresh paint job and the installation of new fuel tanks within the last year. The asking price is $1,300,000, translating to $386.90 per square foot. The property's strong performance and prime location make it an ideal acquisition for investors seeking a stable, high-return asset. The convenience store also features a casino, adding another revenue stream. The property's APN is 11426. This is a turnkey operation with significant upside potential for expansion and increased revenue generation. Further details are available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $4,457,622

  Hospitality

  $4,083,158

  Educational

  $3,397,139

  Medical

  $3,513,972

  Retail

  $5,284,438

Location Insight

City

Watertown

County

Codington

State

South Dakota

Latitude

44.9005

Longitude

-97.1064

CBSA code

47980

CBSA name

WATERTOWN, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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