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Madison, SD

Madison, SD Commercial Real Estate for Sale

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Wentworth, SD Salem, SD Colton, SD

8 properties

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Established Restaurant and Lounge For Sale

Updated: Oct 13, 2025

Established Restaurant and Lounge For Sale

1407 NW 2nd St, Madison, SD

$649,900

8,900 sqft · 2.34 AC lot

Established restaurant and lounge with 50‑year history.
Large 8900 sq ft space with expansion potential.
Includes bar/restaurant, full kitchen, meeting rooms, and banquet room.
Liquor license and most FFE (furniture, fixtures, and equipment) included.
Venue suitable for large gatherings and events.

Commercial Land on Washington Avenue

Updated: Aug 4, 2025

Commercial Land on Washington Avenue

400 S Block Washington Ave, Madison, SD 57042

$114,900

0.31 AC lot

High‑traffic location on Washington Avenue, ideal for business exposure.
Utilities readily available: water, natural gas, electricity, and public sewer.
Level topography suitable for construction.
Opportunity to earn lot rent while planning development.
Recently updated Washington Avenue infrastructure.

Established Car Wash Business For Sale

Established Car Wash Business For Sale

304 NE 2nd St, Madison, SD

$365,000

1,618 sqft · 0.40 AC lot

Profitable, updated car wash business with consistent traffic.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Madison Flex Property Near Airport

Madison Flex Property Near Airport

1520 NE 3rd St, Madison, SD

$900,000

20,000 sqft · 5.04 AC lot

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

New Industrial Shop Units Available

New Industrial Shop Units Available

1301-1337 John Deere Circle, Madison, SD 57042

$2,800,000

34,200 sqft

New industrial shop units for sale, built in 2024.

Multifamily Property in Madison, SD

Multifamily Property in Madison, SD

210 Center Street West, Madison, SD 57042

$2,500,000

Former high school converted to multifamily with underground parking.

Versatile Mixed-Use Property in Madison

Versatile Mixed-Use Property in Madison

610 NE 3rd St, Madison, SD 57042

$380,000

5,612 sqft

Mixed-use property near downtown Madison and Dakota State University.

Highway Frontage Redevelopment Opportunity

Highway Frontage Redevelopment Opportunity

514 S Washington Ave, Madison, SD 57042

$325,000

1.18 AC lot

1.18-acre highway frontage property suitable for redevelopment.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Auto Body Shop with Pole Barn

Auto Body Shop with Pole Barn

24605 Klein Ave, Dell Rapids, SD 57022

$1,099,000

4,500 sqft

Commercial property featuring an auto body shop and pole barn.

Main Street Retail Opportunity

Main Street Retail Opportunity

110 N Main St, Salem, SD

$485,000

936 sqft · 0.39 AC lot

Established retail property on Main Street, Salem, South Dakota.

Turnkey Restaurant/Coffee Shop Opportunity

Turnkey Restaurant/Coffee Shop Opportunity

116 E Vermont Ave, Salem, SD

$130,000

1,610 sqft · 0.06 AC lot

Turnkey restaurant/coffee shop with character, charm, and outdoor seating.

Commercial Land Near I-29

Commercial Land Near I-29

24604 Klein Ave, Dell Rapids, SD 57022

$499,000

Commercial land available near I-29 and Highway 115.

Off-Market Properties in Madison, SD

Consider similar Off-Market properties in Madison, 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.

Retail properties & Spaces

34 S & Sd Hwy, Madison, SD 57042

Value Estimation by Request

14,000 sqft

6460 Nordstrom Trl

Industrial properties

6460 Nordstrom Trl, Madison, SD 57075

Value Estimation by Request

0.45 AC lot

747 Washington Ave

COMMERCIAL (GENERAL)

747 Washington Ave, Madison, SD 57042-3409

Value Estimation by Request

104 Washington Ave

COMMERCIAL (GENERAL)

104 Washington Ave, Madison, SD 57042-3062

Value Estimation by Request

601 Washington Ave

COMMERCIAL (GENERAL)

601 Washington Ave, Madison, SD 57042-3408

Value Estimation by Request

726 Washington Ave

COMMERCIAL (GENERAL)

726 Washington Ave, Madison, SD 57042-3519

Value Estimation by Request

306 Washington Ave

COMMERCIAL (GENERAL)

306 Washington Ave, Madison, SD 57042-3053

Value Estimation by Request

615 Washington Ave

COMMERCIAL (GENERAL)

615 Washington Ave, Madison, SD 57042-3408

$880,000

Estimated value

9,170 sqft

610 Washington Ave

COMMERCIAL (GENERAL)

610 Washington Ave, Madison, SD 57042-3518

Value Estimation by Request

720 Washington Ave

COMMERCIAL (GENERAL)

720 Washington Ave, Madison, SD 57042-3519

Value Estimation by Request

502 Washington Ave

COMMERCIAL (GENERAL)

502 Washington Ave, Madison, SD 57042-3525

Value Estimation by Request

1,087 sqft

401 Washington Ave

COMMERCIAL (GENERAL)

401 Washington Ave, Madison, SD 57042-2951

Value Estimation by Request

7,670 sqft

601 Washington Ave

COMMERCIAL (GENERAL)

601 Washington Ave, Madison, SD 57042-3408

Value Estimation by Request

222 Washington Ave

COMMERCIAL (GENERAL)

222 Washington Ave, Madison, SD 57042-2345

Value Estimation by Request

2,284 sqft

630 Washington Ave

VACANT COMMERCIAL LAND

630 Washington Ave, Madison, SD 57042-3518

Value Estimation by Request

730 Washington Ave

COMMERCIAL (GENERAL)

730 Washington Ave, Madison, SD 57042-3519

Value Estimation by Request

Madison, SD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Madison, SD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 70,330 square feet of properties for sale, with an estimated market value of $5,094,900.

Sale prices for business properties in Madison, SD start at $365,000, averaging $1,018,980, and reaching up to $2,800,000 — 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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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	$1.2M

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%

Total CRE Inventory on Market (SF)

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Most Searched ZIP Codes in Madison, SD

57042