Doug's Anchor Marine

For Sale

1560 South Dakota 20, Watertown, SD 57201

This Watertown property for sale is located at 1560 South Dakota 20. The current listed sale price for Doug's Anchor Marine is $3,000,000. Doug's Anchor Marine is situated on a lot that is 3.35 acre in size.

Contacts

broker
Todd Syhre

eXp Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 12,000 SF
  • Units 36
  • Lot Size 3.35 Acre
  • Year Built 1953
  • Date Updated Sep 3, 2025
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.Discover a unique opportunity with Doug’s Anchor Marine, offering a versatile property that includes a well-established business, a functional building, and secure rental storage garages. Located in Watertown, SD, the property features a locked, fenced-in storage area at the back – perfect for tenants needing peace of mind for boats, vehicles, or equipment. With multiple income streams from business operations and rental storage, this property is ideal for entrepreneurs or investors looking for growth, security, and convenience in one package. The sale of the business excludes current inventory. However, buyer has the option to purchase existing inventory at seller’s cost at the time of closing.
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Highlights

  • Established Business – Long-standing marine and outdoor retail/service operation with strong name recognition in the region.
  • Multi-Income Opportunity – Includes building, business operations, and additional revenue from rental storage garages.
  • Prime Location – Conveniently located in Watertown, SD, with easy access for customers and storage tenants.
  • Secure Storage – Fenced, gated, and locked back area with rental garages providing consistent income and tenant demand.
  • Turnkey Offering – Business, building, and storage all included in one package for a smooth ownership transition.
  • Value-Add Potential – Opportunities to expand services, increase storage rental rates, or develop additional units.

Getting around

  • 2/100

    Walk Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Sinclair

    1.72 miles

  • Casey's General Store

    1.98 miles

  • Clark

    2.13 miles

  • Cenex

    2.65 miles

  • Marathon

    4.69 miles

  • Disc Golf & Trail

    0.86 miles

  • Park

    1.55 miles

  • Park & Boat Ramp Parking

    1.79 miles

  • Thunder Road

    2.07 miles

  • Family Aquatic Center

    2.08 miles

  • Boat Ramp

    4.99 miles

  • Camp

    5.12 miles

  • Beach

    5.22 miles

  • Wheel Inn

    0.98 miles

  • Hospital Cafeteria

    1.08 miles

  • Pizza Ranch

    1.09 miles

  • Wise Pizza

    1.28 miles

  • Riverside

    1.30 miles

  • Subway

    2.12 miles

  • Taco John's

    2.31 miles

  • DQ Grill & Chill

    2.32 miles

  • Zesto

    2.35 miles

  • McDonald's

    2.44 miles

  • County Fair Foods of Watertown

    1.99 miles

  • Sears

    2.91 miles

  • JCPenney

    2.99 miles

  • Watertown Mall

    3.07 miles

  • Herberger's

    3.08 miles

  • Hy-Vee

    3.14 miles

  • Runnings

    3.21 miles

  • Target

    3.51 miles

  • Aldi

    4.01 miles

  • Walmart Supercenter

    4.13 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Todd Syhre

eXp Commercial

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