Watertown, SD
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    Watertown, SD Retail Properties & Spaces for Sale

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    Goodwin, SD Arlington, SD Estelline, SD
    13 results
    Watertown C-Store with Casino
    $1,750,000
    3,360 SF

    Watertown C-Store with Casino

    103 5th St, Watertown, SD 57201

    High-traffic convenience store with casino at a prime corner location.

    • High‑traffic c‑store with casino on a corner at the busy intersection of Hwy 81 and 1st Ave in Watertown
    • Recently updated exterior with fresh paint and newly installed fuel tanks just over 2 years ago
    • Upgrades include 2 new rooftop HVAC units, new coolers, modern POS system, and new flooring throughout
    • Building features spray foam insulation, all‑new lighting and wiring, and a top‑tier security system
    • Casino has separate men’s and women’s restrooms
    Updated: Apr 30
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    Highway 212 Commercial Property
    $950,000

    Highway 212 Commercial Property

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

    Commercial property on Highway 212 in Watertown, South Dakota.

    • Prime location on high‑traffic Highway 212
    • Newly installed pumps and tanks
    • Two casinos with rear parking
    • Rental space currently leased to a dispensary
    • Heated garage area with income potential (office, car wash, etc.)
    Updated: Mar 19, 2025
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    Industrial Property with Office Space
    $475,000
    1,200 SF

    Industrial Property with Office Space

    Well-located industrial property featuring office and showroom space for sale.

    21 8th Avenue Southwest, Watertown, SD 57201
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    Watertown Confectionery and Ghost Town
    $230,000
    9,500 SF

    Watertown Confectionery and Ghost Town

    Established family-run confectionery and winery business for sale.

    116 E KEMP AVENUE, Watertown, SD 57201
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    Downtown Building with Tenant
    $255,000

    Downtown Building with Tenant

    Commercial building in thriving downtown area with existing tenant.

    18 E KEMP AVENUE, Watertown, SD 57201
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    Highway 212 Commercial Property
    $448,000
    3,816 SF

    Highway 212 Commercial Property

    Commercial property on Highway 212 with two buildings.

    211 9th Avenue Southeast, Watertown, SD 57201
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    Mixed-Use Property with Retail Space
    $358,000
    3,528 SF

    Mixed-Use Property with Retail Space

    Commercial property featuring office and retail spaces in Watertown, SD.

    804 2 ST SE + 208 8 AVE SE, Watertown, SD 57201
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    Historic Mixed-Use Building For Sale
    $359,900
    6,000 SF

    Historic Mixed-Use Building For Sale

    Mixed-use building with commercial tenants and residential apartments.

    15 1st Ave SE, Watertown, SD 57201
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    Commercial Building Near Highway 212
    $298,000
    1,800 SF

    Commercial Building Near Highway 212

    Commercial building with tenant, near Highway 212, Watertown, SD.

    810 S MAPLE, Watertown, SD 57201
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    Downtown Three-Story Commercial Building
    $1,500,000

    Downtown Three-Story Commercial Building

    Three-story building in thriving downtown Watertown.

    1 EAST KEMP AVENUE, Watertown, SD 57201
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    Watertown Commercial Property For Sale
    $1,900,000
    20,260 SF

    Watertown Commercial Property For Sale

    Commercial property with diverse tenants in growing Watertown district.

    889-925 10TH SE AVENUE, Watertown, SD 57201
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    Highway 212 Income-Producing Property
    $950,000
    46,294 SF

    Highway 212 Income-Producing Property

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

    20-22 9th Ave SW, Watertown, SD 57201
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    Retail Building in Downtown Watertown
    $175,000
    3,000 SF

    Retail Building in Downtown Watertown

    Storefront property in a thriving downtown area, great exposure.

    206 EAST KEMP AVENUE, Watertown, SD 57201
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    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 13 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, 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.

    Brookings Retail Investment Opportunity
    $915,000
    1,100 SF

    Brookings Retail Investment Opportunity

    Retail property on 6th Street corridor near SDSU.

    1461 6th St, Brookings, SD 57006
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    Main Street Ortonville Building For Sale
    $150,000
    0.06 Acres

    Main Street Ortonville Building For Sale

    Affordable building with versatile space on Main Street, Ortonville.

    221 2nd NW Street, Ortonville, MN 56278
    View details
    Mixed-Use Development Land Available
    $4,321,152

    Mixed-Use Development Land Available

    Development land suitable for retail, office, multi-family, or restaurant.

    2432 Main Ave S, Brookings, SD 57006
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    Former C Store Ortonville, MN
    $250,000
    2,660 SF

    Former C Store Ortonville, MN

    Former convenience store on corner lot in Ortonville, Minnesota.

    624 2nd St SE, Ortonville, MN
    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
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    Commercial Land on Washington Avenue
    $114,900
    0.31 Acres

    Commercial Land on Washington Avenue

    Commercial land with utilities on a busy road in Madison.

    400 S Block Washington Ave, Madison, SD 57042
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    Prime Commercial Land in Huron
    $675,000

    Prime Commercial Land in Huron

    Over 5 acres of B-3 zoned commercial land.

    Huron, SD 57350
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    Commercial Land on High-Traffic Arterial
    $554,400
    4.24 Acres

    Commercial Land on High-Traffic Arterial

    Highly visible commercial land on a heavily traveled arterial road.

    McDonald Ave & 021st Street SW 165598.29462875, Huron, SD 57350
    View details

    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
    10,809 SF
    Value Estimation by Request

    225 Kemp Ave, Watertown, SD 57201

    View details
    897 10Th Ave
    Retail properties & Spaces
    155 SF
    Value Estimation by Request

    897 10Th Ave, Watertown, SD 57201

    View details
    889-925 10Th Ave
    Mixed-use properties
    20,260 SF Lot: 1.32 Acres
    Value Estimation by Request

    889-925 10Th Ave, Watertown, SD 57201

    View details
    16 Kemp Ave
    Restaurants
    9,700 SF
    Value Estimation by Request

    16 Kemp Ave, Watertown, SD 57201

    View details
    315 Kemp Ave
    Individual retail properties
    95,962 SF
    Value Estimation by Request

    315 Kemp Ave, Watertown, SD 57201

    View details
    2643 10Th Ave
    Retail properties & Spaces
    1,872 SF
    Value Estimation by Request

    2643 10Th Ave, Watertown, SD 57201

    View details
    18 Broadway
    Retail properties & Spaces
    4,410 SF
    Value Estimation by Request

    18 Broadway, Watertown, SD 57201

    View details
    1 Kemp And 6 - 8
    Individual retail properties
    52,642 SF
    Value Estimation by Request

    1 Kemp And 6 - 8, Watertown, SD 57201

    View details

    Watertown, SD Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 21 retail properties & spaces for sale in Watertown, SD, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 95,398 square feet of properties for sale, with an estimated market value of $5,193,900.

    Sale prices for stores in Watertown, SD start at $175,000, averaging $577,100, and reaching up to $1,900,000 — 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

    Storefront properties 4
    Automotive properties 2
    Gas stations 2
    Shopping centers 2
    Grocery and convenience stores 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 median listing prices of real estate assets

    Neighborhood Average Price
    57201 $658.2K

    Taxes & Financing

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

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