Retail

Watertown, SD Retail Properties & Spaces for Sale

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Florence, SD Goodwin, SD Lake Norden, SD Arlington, SD Estelline, SD Clear Lake, SD
6 properties
Updated Gas Station with Casino
Updated: Apr 30
Updated Gas Station with Casino

103 5th St, Watertown, SD 57201

$1,750,000
3,360 sqft 0.58 AC lot
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
Two new rooftop HVAC units, new coolers, flooring, lighting, and wiring
Food‑service setup includes a new exhaust hood, freezers, and refrigerators
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Convenience Store with Casino
Updated: Dec 27, 2025
Convenience Store with Casino

103 5th St, Watertown, SD 57201

$1,750,000
3,360 sqft
3,360 SF convenience store with casino
Fuel tanks installed just over 2 years ago
Two new rooftop HVAC units, new coolers, and a modern POS system
New flooring, spray foam insulation, lighting, and wiring
Food‑service area with new exhaust hood, freezers, and refrigerators
View details
Highway 212 Commercial Property
Highway 212 Commercial Property

211 9th Avenue Southeast, Watertown, SD 57201

Contact for pricing
3,816 sqft

Commercial property on Highway 212 with two buildings.

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

2600 9th Ave SE, Watertown, SD 57201

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3,600 sqft

For sale retail property boasting a stated 6.00% cap rate and 3,600 SF.

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22-Unit Mixed-Use Property
22-Unit Mixed-Use Property

114 -122 E Kemp Ave, Watertown, SD 57201

Contact for pricing
45,039 sqft

Downtown building combining commercial storefronts with residential apartments and an unfinished basement.

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Parkside Place Mixed-Use Building
Parkside Place Mixed-Use Building

8 2nd St NE, Watertown, SD 57201

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Contemporary property combining residential apartments with fully occupied retail space.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Retail Investment with 6% CAP
Retail Investment with 6% CAP

1201 US-12, Milbank, SD 57252

Contact for pricing
2,800 sqft

For sale retail property marketed at a 6% cap rate with 2,800 SF.

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Storefront Building with Front Windows
Storefront Building with Front Windows

118 2nd NW St, Ortonville, MN 56278

$98,000

Street-front windows and a flexible rear area support retail, office, or service uses.

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Flexible Showroom Property
Flexible Showroom Property

211 S. Main St, Milbank, SD 57252

Contact for pricing

Front glazing, multiple work areas, basement storage, and rear parking access support a range of commercial layouts.

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Former C Store Ortonville, MN
Former C Store Ortonville, MN

624 2nd St SE, Ortonville, MN

Contact for pricing
2,660 sqft 0.69 AC lot

Former convenience store on corner lot in Ortonville, Minnesota.

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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.

225 Kemp Ave
Automotive properties

225 Kemp Ave, Watertown, SD 57201

Value Estimation by Request
10,809 sqft
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897 10Th Ave
Retail properties & Spaces

897 10Th Ave, Watertown, SD 57201

Value Estimation by Request
155 sqft
View details
889-925 10Th Ave
Mixed-use properties

889-925 10Th Ave, Watertown, SD 57201

Value Estimation by Request
20,260 sqft 1.32 AC lot
View details
16 Kemp Ave
Restaurants

16 Kemp Ave, Watertown, SD 57201

Value Estimation by Request
9,700 sqft
View details
315 Kemp Ave
Individual retail properties

315 Kemp Ave, Watertown, SD 57201

Value Estimation by Request
95,962 sqft
View details
2643 10Th Ave
Retail properties & Spaces

2643 10Th Ave, Watertown, SD 57201

Value Estimation by Request
1,872 sqft
View details
18 Broadway
Retail properties & Spaces

18 Broadway, Watertown, SD 57201

Value Estimation by Request
4,410 sqft
View details
1 Kemp And 6 - 8
Individual retail properties

1 Kemp And 6 - 8, Watertown, SD 57201

Value Estimation by Request
52,642 sqft
View details

Watertown, SD Retail Properties & Spaces Market Trends and Statistics

Explore 14 retail properties & spaces for sale in Watertown, SD, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 59,175 square feet of properties for sale, with an estimated market value of $3,500,000.

Sale prices for stores in Watertown, SD average $1,750,000 — 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

Commercial property segments ranked by active listings on the market

Automotive properties 2
Gas stations 2
Grocery and convenience stores 2
Drug stores 1
Showrooms 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57201 $1.8M

Taxes & Financing

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

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