Doug's Anchor Marine

1560 South Dakota 20, Watertown, SD 57201

  • For Sale $3,000,000
  • Property Type Retail - Street Retail
  • Property Size 12,000 SF
  • Units 36
  • Lot Size 3.35 Acre
  • Year Built 1953
  • Date Updated Sep 3, 2025
Located along South Dakota Highway 20, this property offers excellent visibility and easy accessibility in Watertown, SD. Positioned on a well-traveled route, it benefits from consistent traffic flow, making it convenient for both local customers and visitors from surrounding communities. The site provides close proximity to Watertown’s residential neighborhoods, retail centers, and service businesses, creating strong potential for customer draw. With highway frontage and ample access, this location is ideal for retail, service, or storage operations seeking a high-exposure setting in a growing community.Discover a unique opportunity with Doug’s Anchor Marine, offering a versatile property that includes a well-established business, a functional building, and secure rental storage garages. Located in Watertown, SD, the property features a locked, fenced-in storage area at the back – perfect for tenants needing peace of mind for boats, vehicles, or equipment. With multiple income streams from business operations and rental storage, this property is ideal for entrepreneurs or investors looking for growth, security, and convenience in one package. The sale of the business excludes current inventory. However, buyer has the option to purchase existing inventory at seller’s cost at the time of closing.
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Highlights

  • Established Business – Long-standing marine and outdoor retail/service operation with strong name recognition in the region.
  • Multi-Income Opportunity – Includes building, business operations, and additional revenue from rental storage garages.
  • Prime Location – Conveniently located in Watertown, SD, with easy access for customers and storage tenants.
  • Secure Storage – Fenced, gated, and locked back area with rental garages providing consistent income and tenant demand.
  • Turnkey Offering – Business, building, and storage all included in one package for a smooth ownership transition.
  • Value-Add Potential – Opportunities to expand services, increase storage rental rates, or develop additional units.

Contacts

broker
Todd Syhre

eXp Commercial

Location

Getting Around

  • Walk Score ®

    2/100 Car-Dependent
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Sinclair

    1.72 miles

  • Casey's General Store

    1.98 miles

  • Clark

    2.13 miles

  • Cenex

    2.65 miles

  • Marathon

    4.69 miles

  • Disc Golf & Trail

    0.86 miles

  • Park

    1.55 miles

  • Park & Boat Ramp Parking

    1.79 miles

  • Thunder Road

    2.07 miles

  • Family Aquatic Center

    2.08 miles

  • Boat Ramp

    4.99 miles

  • Camp

    5.12 miles

  • Beach

    5.22 miles

  • Wheel Inn

    0.98 miles

  • Hospital Cafeteria

    1.08 miles

  • Pizza Ranch

    1.09 miles

  • Wise Pizza

    1.28 miles

  • Riverside

    1.30 miles

  • Subway

    2.12 miles

  • Taco John's

    2.31 miles

  • DQ Grill & Chill

    2.32 miles

  • Zesto

    2.35 miles

  • McDonald's

    2.44 miles

  • County Fair Foods of Watertown

    1.99 miles

  • Sears

    2.91 miles

  • JCPenney

    2.99 miles

  • Watertown Mall

    3.07 miles

  • Herberger's

    3.08 miles

  • Hy-Vee

    3.14 miles

  • Runnings

    3.21 miles

  • Target

    3.51 miles

  • Aldi

    4.01 miles

  • Walmart Supercenter

    4.13 miles

Frequently Asked Questions

How much does Doug's Anchor Marine cost?

The space currently listed for sale at Doug's Anchor Marine asks for $3,000,000.

What is the total square footage of Doug's Anchor Marine?

Doug's Anchor Marine totals 12,000 square feet.

When was this property built?

Doug's Anchor Marine was built in 1953.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Todd Syhre

eXp Commercial

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