Guest House

For Sale

101 North Broadway, Watertown, SD 57201

This Watertown property for sale is located at 101 North Broadway. The current listed sale price for Guest House is $1,900,000. Guest House is situated on a lot that is 2.08 acre in size.

Contacts

Todd Syhre

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 31,936 SF
  • Units 62
  • Lot Size 2.08 Acre
  • Year Built 1964
  • Year Renovated 2026
  • Date Updated Sep 18, 2026
Discover the bustling city of Watertown, SD, known for its vibrant community and rich cultural heritage. Just steps away from the property, historical attractions like the Redlin Art Center and Codington County Heritage Museum offer a glimpse into the area's past. Visitors can enjoy the scenic beauty at Lake Kampeska or tee off at one of the nearby golf courses. With a variety of dining options, boutique shops, and entertainment venues, the location offers an ideal blend of convenience and leisure. Whether guests seek adventure or relaxation, Watertown's charm and hospitality create an inviting environment for businesses in the hospitality or full-service industry.Located at 101 North Broadway in Watertown, SD, this short-term multifamily property presents an appealing opportunity for an investor seeking a flexible lodging asset with strong operational potential. The building offers a functional layout designed to support guest accommodations, back-of-house efficiency, and day-to-day hospitality operations. Its prominent street-facing presence and established commercial setting create a strong foundation for repositioning, renovation, or continued hospitality use. Most rooms have been renovated with only about 8 left and restaurant is ready for new tenants.
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Highlights

  • Commercially zoned hospitality asset
  • Designed for guest service functionality
  • Flexible layout for lodging operations
  • Hospitality property at 101 North Broadway
  • Opportunity to modernize interior finishes
  • Potential for operational efficiency improvements
  • Potential for renovation or repositioning
  • Street-facing commercial presence
  • Strong candidate for value-add strategy
  • Suitable for investor or owner-user acquisition
  • Supports branded or independent hotel concepts

Getting around

  • 82/100

    Walk Score ®

  • 63/100

    Bike Score ®

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Location

  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Casey's General Store

    0.40 miles

  • Clark

    0.45 miles

  • Sinclair

    0.92 miles

  • Cenex

    1.03 miles

  • Marathon

    3.09 miles

  • Family Aquatic Center

    0.82 miles

  • Park

    0.83 miles

  • Disc Golf & Trail

    0.86 miles

  • Thunder Road

    0.86 miles

  • Park & Boat Ramp Parking

    3.50 miles

  • Boat Ramp

    6.12 miles

  • Camp

    6.16 miles

  • Beach

    6.27 miles

  • Prairie Lakes Caring Clubhouse

    0.61 miles

  • Super 8 Watertown

    1.25 miles

  • Econo Lodge

    1.44 miles

  • Travel Inn

    1.57 miles

  • Ramkota Hotel & Watertown Event Center

    1.62 miles

  • Hampton Inn & Suites Watertown

    2.37 miles

  • Days Inn Watertown

    2.50 miles

  • Country Inn & Suites

    2.73 miles

  • My Place Hotel

    2.78 miles

  • Quality Inn & Suites

    2.84 miles

  • County Fair Foods of Watertown

    0.28 miles

  • Sears

    1.21 miles

  • JCPenney

    1.29 miles

  • Watertown Mall

    1.36 miles

  • Herberger's

    1.37 miles

  • Hy-Vee

    1.43 miles

  • Runnings

    1.51 miles

  • Target

    1.81 miles

  • Aldi

    2.37 miles

  • Walmart Supercenter

    2.46 miles

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