101 N BROADWAY STREET, Watertown, SD 57201

$2,400,000
Property Type: Commercial Square Footage: 35,976 Status: Active
Current Price: $2,400,000 List Date: 3/23/2026 Last Modified: 3/23/2026

Overview

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 ...

Listing Details MLS# 41-136

Contract Information

Sale/Lease
Sale
Book Section
Commercial
Record Number
6313
Begin Date
2026-03-23
Sign
No
City/Rural
City

General Property Description

Total SqFt.
35976
Year Built
1964
Realtor.COM Type
Commercial
Number of Units
62
Property Name
Guest House

Remarks

Public Remarks
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.

Location Tax and Other Information

House Number
101
Street Direction Pfx
N
Street Name
BROADWAY
Street Suffix
STREET
State/Province
SD
Postal Code
57201
County
Codington

Status Change Info

Status Change Date
2026-03-23

Location, Tax and Other Information

Taxes
14062
Tax Year
2026
Legal
LOT 8 LESS W74' & LOTS 11-12 LESS W74' RAILROAD ADD & HANKEN & HAGGAR OL LESS W74'
Zoning
Commercial

Documents

Listing Office: SoDak Realty, LLC
Last Updated: March - 23 - 2026
Information deemed reliable but not guaranteed.