1560 South Dakota 20 | Watertown, SD 57201, US
Doug’s Anchor Marine – Business & Real Estate for Sale Watertown, South Dakota Take advantage of this rare opportunity to acquire a well-established marine business along with the associated real estate in Watertown, SD. Doug’s Anchor Marine offers a turnkey operation paired with a functional commercial building and additional income-producing storage units — creating multiple revenue streams under one investment. The property features a secure, locked, and fenced-in yard at the rear, ideal for boat storage, vehicle storage, trailers, and equipment. In addition, on-site rental garages provide dependable supplemental income and strong demand for secure storage solutions in the area. Doug’s Anchor Marine has served the region’s boating and outdoor community, benefiting from Watertown’s proximity to Lake Kampeska and surrounding recreational waters. The combination of retail/service operations and rental storage creates a diversified income model with room for future growth and operational expansion. Inventory is not included in the sale price. However, the buyer has the option to purchase existing inventory at the seller’s cost at the time of closing, allowing flexibility in capital allocation and startup planning. Whether you are an owner-operator looking to step into a respected local business or an investor seeking real estate with built-in income streams, this opportunity offers security, functionality, and long-term potential.
Located along South Dakota Highway 20, this property offers excellent visibility and easy accessibility in Watertown, SD. Positioned on a well-traveled route, it benefits from consistent traffic flow, making it convenient for both local customers and visitors from surrounding communities. The site provides close proximity to Watertown’s residential neighborhoods, retail centers, and service businesses, creating strong potential for customer draw. With highway frontage and ample access, this location is ideal for retail, service, or storage operations seeking a high-exposure setting in a growing community.