103 5Th StWatertown, SD 57201

For Sale
$1,300,000

High-traffic location, strong revenue potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
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
Other retail properties, Automotive properties
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

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103 5Th St
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