For Sale
$1,300,000

103 5Th St Watertown, SD 57201

High-traffic location, strong revenue potential.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a thriving convenience store and gas station located at 103 5th St NE, Watertown, SD 57201, in Codington County. The property, situated on a busy corner of Hwy 81 and 1st Ave, boasts a substantial 3,360 square foot building on a 27,028 square foot lot. Built in 1980, the single-story structure is zoned for commercial use and currently operates at 100% occupancy. The property includes four gas pumps and recently underwent significant improvements, including a fresh paint job and the installation of new fuel tanks within the last year. The asking price is $1,300,000, translating to $386.90 per square foot. The property's strong performance and prime location make it an ideal acquisition for investors seeking a stable, high-return asset. The convenience store also features a casino, adding another revenue stream. The property's APN is 11426. This is a turnkey operation with significant upside potential for expansion and increased revenue generation. Further details are available upon request.

Highlights

  • Thriving convenience store and gas station in Watertown, SD.
  • 3,360 SF building on a 27,028 SF lot at a busy Hwy 81 and 1st Ave corner.
  • 1980 construction, single-story, commercially zoned, 100% occupied.
  • Four gas pumps, recently renovated with new fuel tanks and fresh paint.
  • Asking price: $1,300,000 ($386.90/SF).
  • Includes an on-site casino, offering multiple revenue streams.

Property Details for 103 5Th St

Property type
Retail properties, Grocery and convenience stores
Square Feet
3,360 SF
Year Built
1980
Stories
1

Location Insight

City
Watertown
County
Codington
State
South Dakota
Latitude
44.9005379
Longitude
-97.1065044
103 5Th St, Watertown, South Dakota

FAQs

What type of property is this?
Retail property - High-traffic location, strong revenue potential.
Where is the retail property located?
The property is located at 103 5Th St Watertown, SD.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Thriving convenience store and gas station in Watertown, SD.; 3,360 SF building on a 27,028 SF lot at a busy Hwy 81 and 1st Ave corner.; 1980 construction, single-story, commercially zoned, 100% occupied.
How can I contact the broker?
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103 5Th St
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