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26312419
26312420

101 N Broadway, Watertown, SD 57201 For Sale

JG
SD 17528, MN 40956991
SoDak Realty
Listed by SoDak Realty
$1,875,000
342 days on market
Updated 46 days ago

The Guest House on Broadway

Details
Property Type Hospitality, Mixed Use (+1)
Sub Type Apartment Building, Motel (+1)
Square Footage 31,336
Units 62
Occupancy 96%
Broker Co-Op Yes
Class B
Year Built 1964
Year Renovated 2023, 2024, 2025
Buildings 1
Stories 2
Lot Size (SqFt) 90,464
Zoning C1
Investment Type Stabilized

Multiple Revenue Streams in a Prime Downtown Location

Marketing description

The Guest House on Broadway – Turnkey Extended-Stay Property in the Heart of Watertown

The Guest House on Broadway offers a rare opportunity to own a well-maintained, income-producing extended-stay property in downtown Watertown, SD. Designed for flexibility and comfort, it provides quality accommodations for guests seeking short-term living with the convenience of a central location.

Located in the heart of town, The Guest House gives residents easy access to all that Watertown has to offer—from dining and shopping to local attractions and events.

The property features recently updated guest rooms, a leased on-site restaurant generating steady income, and a spacious upstairs event area with a bar and dance floor—perfect for private parties, birthdays, anniversaries, and community gatherings.

Also included is an adjacent vacant lot, offering exciting potential for future development such as expanded lodging, parking, or a new business venture.

Ideal for a hands-on owner or ambitious couple, this property combines lifestyle and investment with multiple revenue streams and room to grow in one of Watertown’s most visible and active commercial corridors.

Listing Contacts

JG
SD 17528, MN 40956991
SoDak Realty
Listed by SoDak Realty

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Additional Information

Name
Jason Goette
License
17528
Brokerage
SoDak Realty
Title
Broker/Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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