103 5th St, Watertown, SD 57201
No Subdivision · Other (Out of Jurisdiction) County
Key Facts
Description
Exceptional C-Store with Casino – Prime Corner Location in Watertown Don’t miss this outstanding opportunity to own a high-traffic convenience store with a bustling casino, ideally located at the busy intersection of Hwy 81 and 1st Ave in Watertown. This exceptionally clean and recently updated property features a fresh exterior paint job and newly installed fuel tanks just over 2 years ago. Inside, you’ll find numerous upgrades including two new rooftop HVAC units, new coolers, a modern POS system, and new flooring throughout. The building also boasts spray foam insulation, all new lighting and wiring, a top-tier security system, and sleek new cabinets ready for quartz countertops. The casino area includes separate men’s and women’s restrooms. The kitchen is equipped with a brand new exhaust hood, along with new freezers and refrigerators to support food service. This is a turnkey opportunity in a prime location. Call today for more information!
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1980
Living Area
3,360 sq ft
Lot Size
0.58 acres
Zoning
Commercial
MLS® Listing#
22602989
Property Features
Parking
Financial Details
Annual Taxes
$7,057
Parcel Number
11426
Directions
main highway 212 West to intersection Hwy 212 and 81 then turn North. Go to 1st St and Hwy 81.
Affordability Calculator
$350,000
Estimated monthly payment
$9,314/mo
Principal $1,400,000 · Est. interest $1,953,125 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Watertown, SD
- $403,704
- Median Listing Price
- 71
- Median Days on Market
- 2,250
- Median Sq Ft
- $166
- Median Price / Sq Ft
- 103
- Active Listings
- This home’s price is 333% above the area median.
- Its price per sq ft is 214% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Watertown, SD.
Location
Points of Interest in Watertown, SD
Showing the Watertown area map.
Nearby Schools
Immaculate Conception School
School · 0.3 mi away
Grace Lutheran Church
Elementary · 0.3 mi away
Watertown High School
Secondary · 0.4 mi away
Jack & Jill Pre-School
School · 0.4 mi away
Garfield Elementary 03
Elementary · 0.5 mi away
Watertown Middle School
School · 0.7 mi away
Northeast Technical High School
Secondary · 0.7 mi away
Watertown Intermediate School
Secondary · 0.7 mi away
Mellette Elementary School
Elementary · 0.8 mi away
Trinity Lutheran Church
School · 1.0 mi away
Great Plains Lutheran High School
Secondary · 1.0 mi away
Lincoln Elementary School
Elementary · 1.1 mi away
St. Martin's Lutheran Church
School · 1.1 mi away
Watertown Christian School
School · 1.1 mi away
McKinley Elementary School
Elementary · 1.4 mi away
Jefferson Elementary School
Elementary · 1.5 mi away
WMS Arrows
Elementary · 1.5 mi away
Lake Area Technical Institute
School · 3.3 mi away
Waverly-South Shore Elementary - 02
Secondary · 9.5 mi away
Castlewood School
Secondary · 12.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1639 13TH AVENUE SE, Watertown, SD | $1,299,000 | — | — | 9,000 |
| 620 N LAKE DRIVE, Watertown, SD | $1,399,000 | 4 | 4 | 5,574 |
| 2ND STREET NW, Watertown, SD | $1,485,000 | — | — | — |
| 532 S LAKE DRIVE, Watertown, SD | $1,495,000 | 5 | 4 | 3,448 |
| 103 5TH STREET NE, Watertown, SD | $1,750,000 | — | — | 3,360 |
| 103 5TH STREET NE, Watertown, SD | $1,750,000 | — | — | 3,360 |
Moving Cost Estimate
EXIT Agents in Watertown
Listing Courtesy: Market First Real Estate
Last Updated: 2026-04-30