$2,400,000
Watertown, SD 57201
MLS# 41-136
35976 sqft
1 / 30
Property 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 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.
Details
Documents
Contract Information
Sale/Lease: Sale
Book Section: Commercial
Record Number: 6313
Begin Date: 2026-03-23
List Price: $2,400,000
Current Price: $2,400,000
Sign: No
City/Rural: City
General Property Description
Total SqFt.: 35976
Year Built: 1964
Realtor.COM Type: Commercial
Lot Size: 90,464 SQ FT
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: Active
Status Change Date: 2026-03-23
Property Features
NDA 
Listing Office: SoDak Realty, LLC
Last Updated: March - 23 - 2026
Information deemed reliable but not guaranteed.