Watertown, SD Restaurants for sale

Updated: Jun 3

Extended-Stay Hotel with Restaurant

101 N Broadway Street, Watertown, SD 57201

$1,875,000

35,976 sqft

Turnkey, income‑producing extended‑stay property in downtown Watertown.
Leased on‑site restaurant provides steady income.
Upstairs event space with bar and dance floor is perfect for private events.
Adjacent vacant lot offers potential for future development/expansion.
Updated guest rooms designed for comfort and flexibility.

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Updated: Mar 23

Turnkey Extended-Stay Hospitality Property

101 N Broadway, Watertown, SD 57201

$1,875,000

Extended‑stay lodging property located in downtown Watertown, SD
Updated guest rooms designed for comfort and flexibility for short‑term stays
Leased on‑site restaurant provides steady income
Upstairs event space includes a bar and dance floor
Adjacent vacant lot provides space for future development, expanded lodging, or additional parking

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Mixed-Use Building with Restaurant

16 W Kemp Ave, Watertown, SD 57201

Contact for pricing

9,700 sqft

Older mixed-use building featuring a ground-floor restaurant and residential units.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Bowling Lanes & Lounge

9 N Main St, Groton, SD 57445

$649,000

6,900 sqft

Established bowling lanes and lounge with an on/off liquor license and a 10-machine lottery license.

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Bowling Alley and Lounge

9 N Main Street, Groton, SD 57445

$649,000

6,900 sqft

Turn-key bowling and lounge operation in Groton with on/off liquor license and a 10-machine lottery license.

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Bar and Restaurant Business

317 Studdart Avenue, Graceville, MN 56240

$599,000

Established bar and restaurant in Graceville with a well-maintained interior and modern facilities, offered for sale.

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Graceville Bar and Restaurant Opportunity

317 Studdart Avenue, Graceville, MN 56240

Contact for pricing

4,087 sqft

Thriving bar and restaurant in Graceville, Minnesota for sale.

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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.

Commercial Land Lot on Main Street

4th St, Dell Rapids, SD 57022

$79,900

0.32 AC lot

Build-ready commercial lot in Central Business zoning, fenced with chain-link, on a primary Dell Rapids corridor.

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Level Development Land

20th Ave NE/Co 57, Benson, MN 56215

$389,200

26.12 AC lot

Primarily level land zoned for urban development, fronting County Road 57 with planned west-side street extensions.

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Commercial Land Ready for Development

910 East Spruce Street, Mitchell, SD 57301

Contact for pricing

Shovel-ready commercial land suitable for various business ventures.

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Commercial Land with Utilities

500 N Heritage Pkwy, Tea, SD 57064

$220,000

0.68 AC lot

General Commercial zoning with public water and sewer and natural gas available on a commercial lot in Tea.

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Off-Market Properties in Watertown, SD

Consider similar Off-Market properties in Watertown, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Restaurants

16 Kemp Ave, Watertown, SD 57201

Value Estimation by Request

9,700 sqft

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Watertown, SD Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Watertown, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 45,676 square feet of properties for sale, with an estimated market value of $3,750,000.

Sale prices for restaurant properties in Watertown, SD average $1,875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
57201	$1.9M

Neighborhood

Average Price

57201

$1.9M