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    Madison, SD

    Madison, SD Commercial Real Estate for Sale

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    Wentworth, SD Colton, SD Salem, SD Humboldt, SD Hartford, SD Canistota, SD Colman, SD Howard, SD
    10 properties
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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‑square‑foot flex space with a 30‑by‑60‑foot building footprint
    16‑foot ceilings support shop and contractor operations
    16‑by‑14‑foot overhead door with remote operation
    Radiant heat, bathroom, floor drain, internet, and concrete flooring
    Large parking area accommodates semi‑truck delivery traffic
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    Commercial Land with Utility Access
    Updated: Aug 5
    Commercial Land with Utility Access

    400 S Block Washington Ave, Madison, SD 57042

    $114,900
    0.31 AC lot
    0.3122‑acre commercial land parcel
    Commercial zoning
    Level topography for future development
    Access to public water and public sewer
    Natural gas available
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    Two-Tenant Mixed-Use Building
    Two-Tenant Mixed-Use Building

    112 N Egan Ave, Madison, SD 57042

    $1,100,000
    11,600 sqft

    Two separately leased levels include fitness and media uses within a renovated downtown commercial building.

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    Bar and Restaurant
    Bar and Restaurant

    123 SW 1st St, Madison, SD 57042

    $378,500
    2,568 sqft

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

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    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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    Two-Story Office Building with Elevator
    Two-Story Office Building with Elevator

    212 Sw 2nd St, Madison, SD 57042

    $350,000
    17,038 sqft

    Flexible office layout with private rooms, an attached garage, and paved off-street parking.

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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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    Office Building with Open Layout
    Office Building with Open Layout

    502 Ne 2nd St, Madison, SD 57042

    $275,000
    2,298 sqft

    Adaptable professional workspace with natural light, positioned along a heavily traveled roadway near downtown 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

    $2,300,000

    Former high school converted to multifamily with underground parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

    Gas Station with Multi-Use Space
    Gas Station with Multi-Use Space

    241 N Nebraska St, Salem, SD 57058

    $500,000
    5,500 sqft 0.57 AC lot

    A single commercial property currently combines fuel retail, food service, lounge, casino, and vehicle storage functions.

    View details
    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    241 N Nebraska St, Salem, SD 57058

    $500,000
    5,500 sqft

    Versatile commercial property combining retail, food service, lounge, gaming, and vehicle storage functions.

    View details
    Heated Flex Shop Condo
    Heated Flex Shop Condo

    6415 Evergreen Acres Dr Unit 3, Wentworth, SD 57075

    $299,900
    2,250 sqft

    Finished space combines a restroom and shop sink with utility features for storage or workspace use.

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    Three-Unit Self-Storage Facility
    Three-Unit Self-Storage Facility

    3-23661 461 St Street, Wentworth, SD 57075

    $110,000

    All three storage units are leased through August 2027.

    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

    Estimated value: by Request
    14,000 sqft
    View details
    6460 Nordstrom Trl
    Industrial properties

    6460 Nordstrom Trl, Madison, SD 57075

    Estimated value: by Request
    0.45 AC lot
    View details
    747 Washington Ave
    COMMERCIAL (GENERAL)

    747 Washington Ave, Madison, SD 57042-3409

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

    306 Washington Ave, Madison, SD 57042-3053

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

    615 Washington Ave, Madison, SD 57042-3408

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

    610 Washington Ave, Madison, SD 57042-3518

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

    502 Washington Ave, Madison, SD 57042-3525

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

    401 Washington Ave, Madison, SD 57042-2951

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

    222 Washington Ave, Madison, SD 57042-2345

    Estimated value:
    $280,000
    2,284 sqft
    View details

    Madison, SD Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Madison, SD, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 79,784 square feet of properties for sale, with an estimated market value of $4,898,200.

    Sale prices for business properties in Madison, SD start at $114,900, averaging $612,275, and reaching up to $2,300,000 — 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 $672.6K

    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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