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    Madison, SD
    Bar & Pub

    Madison, SD Bars & Pubs for Sale

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    Wentworth, SD Colton, SD Salem, SD Humboldt, SD Wall Lake, SD Colman, SD Canistota, SD Howard, SD
    Bar and Restaurant
    Updated: Jul 28
    Bar and Restaurant

    123 SW 1st St, Madison, SD 57042

    $378,500
    2,568 sqft
    Approximately 1,380 SF bar and restaurant space
    Built in 1914
    123 SW First St, Madison, SD
    Described as just minutes from a rapidly expanding college campus
    Presented as an established community bar and restaurant concept
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant with Bar and Apartment
    Restaurant with Bar and Apartment

    306 N veterans St, Flandreau, SD 57028

    $900,000
    8,640 sqft 8.76 AC lot

    Multi-level restaurant property with dining, kitchen, lounge, party rooms, and a residential apartment.

    View details
    Restaurant with Bar and Apartment
    Restaurant with Bar and Apartment

    306 N Veterans St, Flandreau, SD 57028

    $900,000
    8,640 sqft

    Two party rooms and a two-bedroom apartment complement the primary dining and service areas.

    View details
    Mixed-Use Bar, Restaurant and Convenience Store
    Mixed-Use Bar, Restaurant and Convenience Store

    407 Bill Davis Street, Egan, SD 57024

    Contact for pricing

    Combined hospitality, retail, and fuel operation with event space, commercial kitchen, and convenience-store amenities.

    View details
    Gas Station with Bar and Restaurant
    Gas Station with Bar and Restaurant

    407 Bill Davis St Hwy 34 St, Egan, SD 57024

    $650,000
    0.75 AC lot

    Combined fuel, convenience, dining, and beverage operation with outdoor event space.

    View details

    Madison, SD Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Madison, SD on our real estate platform. These investment opportunities span a total of 2,568 square feet of properties for sale, with an estimated market value of $378,500.

    Sale prices for pubs in Madison, SD average $378,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 7,900
    Population Growth (5Y) -15.4%
    Median Household Income $68,672
    College Educated 47.5%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57042 $378.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.65%
    Property Tax per SF $1.74 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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