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    Lake County, SD Commercial Real Estate for Sale

    12 results
    List
    Map
    Prime Corner Lot in Madison
    $249,900
    0.18 Acres

    Prime Corner Lot in Madison

    325 SE 4Th St, Madison, SD 57042

    High-visibility commercial property with expansion potential in Madison, SD.

    • High‑visibility corner lot location on S. Washington Ave.
    • Suitable for multiple business types.
    • Two lots included, offering expansion potential and ample private parking.
    • Zero‑entry access.
    • Recent updates include new exterior paint, some siding, new gutters, and newer flooring.
    Updated: Nov 29, 2025
    View details
    Versatile Commercial Property in Madison
    $175,000
    2,855 SF

    Versatile Commercial Property in Madison

    311 S Union Ave, Madison, SD 57042

    Office and shop space with income potential in Madison, SD.

    • 4,500 sq ft insulated shop space suitable for various uses.
    • 2,855 sq ft of finished office space with rental income potential.
    • Potential for income stream from renting office and/or shop space.
    • Ample on‑site parking and additional land space for expansion.
    • Versatile property suitable for personal and business needs.
    Updated: Nov 22, 2025
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    Established Bar and Restaurant For Sale
    $378,500
    2,568 SF

    Established Bar and Restaurant For Sale

    Profitable bar and restaurant in growing community near college campus.

    123 SW 1St St, Madison, SD 57042
    View details
    Versatile Mixed-Use Property in Madison
    $437,000
    5,612 SF

    Versatile Mixed-Use Property in Madison

    Adaptable property suitable for office, community, or religious use.

    610 NE 3Rd St, Madison, SD 57042
    View details
    Madison Mixed-Use Highway Frontage
    $399,900
    1.18 Acres

    Madison Mixed-Use Highway Frontage

    Prime 1.18-acre development opportunity. High-traffic location.

    514 Washington Ave, Madison, SD 57042
    View details
    Madison Industrial Flex Space
    $1,000,000
    20,000 SF

    Madison Industrial Flex Space

    20,000 SF Flex Warehouse, $1M

    1520 3Rd St, Madison, SD 57042
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    Multifamily Property in Madison, SD
    $2,500,000

    Multifamily Property in Madison, SD

    Former high school converted to multifamily with underground parking.

    210 Center St West, Madison, SD 57042
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    New Industrial Shop Units Available
    $2,800,000
    34,680 SF

    New Industrial Shop Units Available

    19 industrial shop units with modern amenities, built in 2024.

    1301-1337 John Deere Cir, Madison, SD 57042
    View details
    Established Restaurant and Lounge For Sale
    $649,900
    8,900 SF

    Established Restaurant and Lounge For Sale

    Restaurant and lounge with meeting and banquet rooms available for sale.

    1407 NW 2Nd St, Madison, SD 57042
    View details
    Established Car Wash Business For Sale
    $365,000
    1,618 SF

    Established Car Wash Business For Sale

    Profitable, updated car wash business with consistent traffic.

    304 NE 2Nd St, Madison, SD 57042
    View details
    Madison Flex Property Near Airport
    $900,000
    20,000 SF

    Madison Flex Property Near Airport

    20,000 SF flex building on 5.02 acres for sale.

    1520 NE 3Rd St, Madison, SD 57042
    View details
    Versatile Shop/Living Space Near Lake
    $420,000
    4,032 SF

    Versatile Shop/Living Space Near Lake

    Contractor/hobby shop with living quarters near Lake Madison.

    45920 237Th St, Wentworth, SD 57075
    View details
    Based on your search, we've compiled 711 Potential Opportunities for your consideration. Besides 12 Active listings in Lake County, SD, we suggest exploring several alternatives: similar 698 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Washington Avenue
    $114,900
    0.31 Acres

    Commercial Land on Washington Avenue

    Commercial land with utilities on a busy road in Madison.

    400 S Block Washington Ave, Madison, SD 57042
    View details

    Explore Off-Market Properties in Lake County, SD

    Consider similar Off-Market properties in Lake County, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    34 S & Sd Hwy

    34 S & Sd Hwy

    Retail properties • 14,000 SF
    Value Estimation by Request
    34 S & Sd Hwy, Madison, SD 57042
    View details
    6460 Nordstrom Trl

    6460 Nordstrom Trl

    Industrial properties • 0.45 Acres
    Value Estimation by Request
    6460 Nordstrom Trl, Madison, SD 57075
    View details
    Madison, SD 57042

    Madison, SD 57042

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Madison, SD 57042
    View details
    Madison, SD 57042

    Madison, SD 57042

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Madison, SD 57042
    View details
    1723 Airport Dr

    1723 Airport Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    1723 Airport Dr, Madison, SD 57042
    View details
    Madison, SD 57042

    Madison, SD 57042

    COMMERCIAL (GENERAL) • 69,065 SF
    Value Estimation
    $670,000
    Madison, SD 57042
    View details
    1407 2nd St

    1407 2nd St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    1407 2nd St, Madison, SD 57042-3804
    View details
    45920 237th St

    45920 237th St

    COMMERCIAL (GENERAL) • 3.02 Acres
    Value Estimation
    $295,000
    45920 237th St, Wentworth, SD 57075-7315
    View details
    321 3rd St

    321 3rd St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    321 3rd St, Madison, SD 57042
    View details
    209 Egan Ave

    209 Egan Ave

    COMMERCIAL (GENERAL) • 11,397 SF
    Value Estimation
    $320,000
    209 Egan Ave, Madison, SD 57042-2875
    View details
    433 12th St

    433 12th St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    433 12th St, Madison, SD 57042-3558
    View details
    535 3rd St

    535 3rd St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    535 3rd St, Madison, SD 57042-2323
    View details

    Lake County, SD Commercial Real Estate Investment Opportunities Market Analysis

    Explore 558 commercial real estate investment opportunities in Lake County, SD with 12 listings featured on our commercial real estate marketplace. The current inventory includes 13,692,367 square feet of properties with an estimated value of $7,952,700.

    Estimated prices for commercial real estate in Lake County, SD begin at $77,700, with an average of $305,873 and extend to $1,000,000.

    In Lake County, SD, current investment values show:

    • Other commercial real estate positioned at $327,500
    • Land measuring $121,233
    • Residential land & home lots assessed at $106,875
    • Flex space calculated at $587,500
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    Commercial real estate by market

    Browse Commercial real estate for Sale Near Lake, SD

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