For Sale

Guest House

101 North Broadway | Watertown, SD , US

price$1,900,000
property typeCommercial Sale
year built1964

highlights

•Hospitality property at 101 North Broadway
•Suitable for investor or owner-user acquisition
•Flexible layout for lodging operations
•Potential for renovation or repositioning
•Street-facing commercial presence
•Designed for guest service functionality
•Opportunity to modernize interior finishes
•Supports branded or independent hotel concepts
•Strong candidate for value-add strategy
•Commercially zoned hospitality asset
•Potential for operational efficiency improvements

property
details

STATUSActive
SALE PRICE PER UNIT$1,900,000
YEAR BUILT1964
PROPERTY TYPECommercial Sale
BUILDING SIZE31,936 SF
LOT SIZE2.0768 acres
SALE PRICE$1,900,000
DAYS ON MARKET1

property
description

Located at 101 North Broadway in Watertown, SD, this short-term multifamily property presents an appealing opportunity for an investor seeking a flexible lodging asset with strong operational potential. The building offers a functional layout designed to support guest accommodations, back-of-house efficiency, and day-to-day hospitality operations. Its prominent street-facing presence and established commercial setting create a strong foundation for repositioning, renovation, or continued hospitality use. Most rooms have been renovated with only about 8 left and restaurant is ready for new tenants.

location
description

101 North Broadway | Watertown, SD , US

Discover the bustling city of Watertown, SD, known for its vibrant community and rich cultural heritage. Just steps away from the property, historical attractions like the Redlin Art Center and Codington County Heritage Museum offer a glimpse into the area's past. Visitors can enjoy the scenic beauty at Lake Kampeska or tee off at one of the nearby golf courses. With a variety of dining options, boutique shops, and entertainment venues, the location offers an ideal blend of convenience and leisure. Whether guests seek adventure or relaxation, Watertown's charm and hospitality create an inviting environment for businesses in the hospitality or full-service industry.

Todd Syhre

Todd Syhre

SD #20428
(605) 880-1575

Request More Info

Share To Social