$2,100,000
Watertown, SD 57201
MLS# 46-39
22846 sqft
1 / 1
Property Description
Excellent investment opportunity--48-unit, two-story interior corridor hotel in Watertown, SD, just off I-29 and only 9 minutes from Watertown Regional Airport. Offered at $44,791 per key, this 22,846 SF property on 1.38 acres is zoned C3 (Highway Commercial) for flexible use. Built in 1983 and renovated in 2013, featuring a business center, high-speed internet, public Wi-Fi, and smoke-free accommodations. Ideal for an owner-operator or value-add investor.
Details
Maps
Contract Information
Sale/Lease: Sale
Record Number: 7011
Sign: Yes
Possession: Negotiable
City/Rural: City
Book Section: Commercial
Begin Date: 2026-03-26
List Price: $2,100,000
Current Price: $2,100,000
General Property Description
Realtor.COM Type: Commercial
Lot Size: 1.3
Lot Size Remarks: acers
Number of Units: 1
Property Name: Econo Lodge
Total SqFt.: 22846
Year Built: 1982
Remarks
Public Remarks: Excellent investment opportunity--48-unit, two-story interior corridor hotel in Watertown, SD, just off I-29 and only 9 minutes from Watertown Regional Airport. Offered at $44,791 per key, this 22,846 SF property on 1.38 acres is zoned C3 (Highway Commercial) for flexible use. Built in 1983 and renovated in 2013, featuring a business center, high-speed internet, public Wi-Fi, and smoke-free accommodations. Ideal for an owner-operator or value-add investor.
Location, Tax and Other Information
Taxes: 14358.06
Tax Year: 2026
Legal: LOT 12 LESS E90'' N35 BLK 1 EAST ACRESS ADD
Zoning: Commercial
Location Tax and Other Information
House Number: 920
Street Name: 14TH
Street Suffix: STREET
Street Direction Sfx: SE
State/Province: SD
Postal Code: 57201
County: Codington
Status Change Info
Status: Active
Status Change Date: 2026-03-27
Property Features
Listing Office: MARKET FIRST REAL ESTATE
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.