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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26771932
26771949

1560 SD-20, Watertown, SD 57201

TS
SD SD 20428
eXp Realty
Listed by eXp Realty
$3,000,000
276 days on market
Updated 3 days ago

Doug's Anchor Marine

Details
Property Type Business for Sale, Retail
Sub Type Business and Building
Square Footage 12,000
Units 36
Occupancy 100%
Price per SqFt $250
Class B
Year Built 1953
Acreage 3.350

Doug’s Anchor Marine – Business, Building & Secured Storage in Watertown, SD

Marketing description

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.

Investment highlights

  1. Established Business – Long-standing marine and outdoor retail/service operation with strong name recognition in the region.

  2. Multi-Income Opportunity – Includes building, business operations, and additional revenue from rental storage garages.

  3. Secure Storage – Fenced, gated, and locked back area with rental garages providing consistent income and tenant demand.

  4. Prime Location – Conveniently located in Watertown, SD, with easy access for customers and storage tenants.

  5. Value-Add Potential – Opportunities to expand services, increase storage rental rates, or develop additional units.

  6. Turnkey Offering – Business, building, and storage all included in one package for a smooth ownership transition.

Listing Contacts

TS
SD SD 20428
eXp Realty
Listed by eXp Realty

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Additional Information

Name
Todd Syhre
License
SD 20428
Brokerage
EXP Commercial
Brokerage Phone
6058801575
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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