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    Madison, SD

    Madison, SD Commercial Real Estate for Sale

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    Wentworth, SD Salem, SD Colton, SD Ramona, SD Humboldt, SD Hartford, SD Colman, SD Canistota, SD
    11 properties
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    Bar and Restaurant
    Updated: Jul 26
    Bar and Restaurant

    123 SW 1st St, Madison, SD 57042

    $378,500
    2,568 sqft 0.06 AC lot
    0.0624‑acre lot
    2,568 SF bar and restaurant building
    Zoned Central Business
    Frame construction with 1914 build year
    Central heating and central air
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    Flex Space with Overhead Door
    Updated: Jul 10
    Flex Space with Overhead Door

    1302 John Deere Cir, Madison, SD 57042

    $189,900
    1,800 sqft 0.04 AC lot
    1,800 SF flex space under construction with 16' ceilings
    16x14' overhead door with remote access
    Radiant heat plus bathroom and floor drain
    Internet service included
    0.0413‑acre lot with parking for semi truck delivery traffic
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    Commercial Land on Washington Avenue
    Commercial Land on Washington Avenue

    400 S Block Washington Ave, Madison, SD 57042

    $114,900
    0.31 AC lot

    Level commercial parcel with public water, public sewer, and natural gas availability.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Flex Space with Overhead Door
    Flex Space with Overhead Door

    1302 John Deere Cir, Madison, SD

    $189,900
    1,800 sqft

    Brand-new, energy-efficient commercial shop with contractor-oriented improvements and truck-accessible parking near Highway 34.

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    Bar and Restaurant
    Bar and Restaurant

    123 SW FIRST ST, Madison, SD 57042

    Contact for pricing
    1,380 sqft

    Established bar and restaurant built in 1914 in Madison, SD, offered for sale.

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    Light Manufacturing Building
    Light Manufacturing Building

    433 Southeast 12th Street, Madison, SD 57042

    Contact for pricing
    8,000 sqft

    Flexible industrial facility with a vacant heated area and an existing leased component with office and restroom improvements.

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    General Business Development Land
    General Business Development Land

    514 Washington Avenue South, Madison, SD 57042

    Contact for pricing
    51,401 sqft

    Commercial land with on-site utilities and General Business zoning in Madison’s commercial corridor.

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    Versatile Mixed-Use Property in Madison
    Versatile Mixed-Use Property in Madison

    610 NE 3rd St, Madison, SD 57042

    Contact for pricing
    5,612 sqft

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

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    Industrial Warehouse Unit Complex
    Industrial Warehouse Unit Complex

    1301-1337 John Deere Cir, Madison, SD 57042

    Contact for pricing
    34,680 sqft

    Nineteen shop units offer individual restrooms, radiant heat, floor drains, water, and overhead doors.

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    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.

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    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.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

    Recreational Storage Warehouse
    Recreational Storage Warehouse

    23833 462nd Ave, Wentworth, SD 57075

    $165,000
    3,200 sqft 0.28 AC lot

    Commercial-zoned building offers concrete floors, insulated overhead doors, and water availability for flexible storage use.

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    Warehouse with Oversized Doors
    Warehouse with Oversized Doors

    23833 462nd Ave Avenue, Wentworth, SD 57075

    $165,000
    3,200 sqft

    Warehouse offers tall sidewalls, vaulted trusses, and multiple insulated overhead doors.

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    Bar and Entertainment Venue
    Bar and Entertainment Venue

    630 E Ruton Ave, Salem, SD 57058

    $250,000
    2.56 AC lot

    Flexible commercial space with dining, gaming, kitchen, and event-oriented areas.

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    Industrial Lots in Salem, SD
    Industrial Lots in Salem, SD

    301 Douglas St, Salem, SD 57058

    Contact for pricing
    5.83 AC lot

    Industrial lots available in Salem, SD near US Highway 81.

    View details

    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.

    34 S & Sd Hwy
    Retail properties & Spaces

    34 S & Sd Hwy, Madison, SD 57042

    Value Estimation by Request
    14,000 sqft
    View details
    6460 Nordstrom Trl
    Industrial properties

    6460 Nordstrom Trl, Madison, SD 57075

    Value Estimation by Request
    0.45 AC lot
    View details
    747 Washington Ave
    COMMERCIAL (GENERAL)

    747 Washington Ave, Madison, SD 57042-3409

    $330,000
    Estimated value
    View details
    104 Washington Ave
    COMMERCIAL (GENERAL)

    104 Washington Ave, Madison, SD 57042-3062

    Value Estimation by Request
    View details
    601 Washington Ave
    COMMERCIAL (GENERAL)

    601 Washington Ave, Madison, SD 57042-3408

    Value Estimation by Request
    View details
    726 Washington Ave
    COMMERCIAL (GENERAL)

    726 Washington Ave, Madison, SD 57042-3519

    Value Estimation by Request
    View details
    306 Washington Ave
    COMMERCIAL (GENERAL)

    306 Washington Ave, Madison, SD 57042-3053

    $300,000
    Estimated value
    View details
    615 Washington Ave
    COMMERCIAL (GENERAL)

    615 Washington Ave, Madison, SD 57042-3408

    $320,000
    Estimated value
    9,170 sqft
    View details
    610 Washington Ave
    COMMERCIAL (GENERAL)

    610 Washington Ave, Madison, SD 57042-3518

    $330,000
    Estimated value
    View details
    720 Washington Ave
    COMMERCIAL (GENERAL)

    720 Washington Ave, Madison, SD 57042-3519

    Value Estimation by Request
    View details
    502 Washington Ave
    COMMERCIAL (GENERAL)

    502 Washington Ave, Madison, SD 57042-3525

    $195,000
    Estimated value
    1,087 sqft
    View details
    401 Washington Ave
    COMMERCIAL (GENERAL)

    401 Washington Ave, Madison, SD 57042-2951

    $290,000
    Estimated value
    7,670 sqft
    View details
    601 Washington Ave
    COMMERCIAL (GENERAL)

    601 Washington Ave, Madison, SD 57042-3408

    Value Estimation by Request
    View details

    Madison, SD Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Madison, SD, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 107,241 square feet of properties for sale, with an estimated market value of $3,698,200.

    Sale prices for business properties in Madison, SD start at $114,900, averaging $616,366, and reaching up to $2,500,000 — 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 $701.7K

    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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