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    Madison, SD
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    Madison, SD Commercial Real Estate for Sale

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    Salem, SD Colton, SD Howard, SD
    8 results
    Established Bar and Restaurant For Sale
    $378,500
    2,568 SF

    Established Bar and Restaurant For Sale

    123 SW 1st St, Madison, SD 57042

    Profitable bar and restaurant in growing community near college campus.

    • Established, profitable bar and restaurant business.
    • Prime location near a rapidly expanding college campus.
    • Strong reputation for great food, entertainment, and welcoming atmosphere.
    • Consistent customer traffic from students, locals, and visitors.
    • Excellent potential for long‑term growth with rising population and college enrollment.
    Updated: Dec 9, 2025
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    Established Restaurant and Lounge For Sale
    $649,900
    8,900 SF

    Established Restaurant and Lounge For Sale

    1407 NW 2nd St, Madison, SD

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

    • 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.
    Updated: Oct 13, 2025
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    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
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    Versatile Mixed-Use Property in Madison
    $380,000
    5,612 SF

    Versatile Mixed-Use Property in Madison

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

    610 NE 3rd St, Madison, SD 57042
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    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
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    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
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    New Industrial Shop Units Available
    $2,800,000
    34,200 SF

    New Industrial Shop Units Available

    New industrial shop units for sale, built in 2024.

    1301-1337 John Deere Circle, Madison, SD 57042
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    Highway Frontage Redevelopment Opportunity
    $325,000
    1.18 Acres

    Highway Frontage Redevelopment Opportunity

    1.18-acre highway frontage property suitable for redevelopment.

    514 S Washington Ave, Madison, SD 57042
    View details
    Based on your search, we've compiled 542 Potential Opportunities for your consideration. Besides 8 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 530 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.

    Main Street Retail Opportunity
    $590,000
    936 SF

    Main Street Retail Opportunity

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

    110 N Main St, Salem, SD
    View details
    Auto Body Shop with Pole Barn
    $1,099,000
    4,500 SF

    Auto Body Shop with Pole Barn

    Commercial property featuring an auto body shop and pole barn.

    24605 Klein Ave, Dell Rapids, SD 57022
    View details
    Commercial Land Near I-29
    $499,000

    Commercial Land Near I-29

    Commercial land available near I-29 and Highway 115.

    24604 Klein Ave, Dell Rapids, SD 57022
    View details
    Turnkey Restaurant/Coffee Shop Opportunity
    $130,000
    1,610 SF

    Turnkey Restaurant/Coffee Shop Opportunity

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

    116 E Vermont Ave, Salem, SD
    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

    34 S & Sd Hwy

    Retail properties & Spaces • 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
    747 Washington Ave

    747 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    747 Washington Ave, Madison, SD 57042-3409
    View details
    104 Washington Ave

    104 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    104 Washington Ave, Madison, SD 57042-3062
    View details
    601 Washington Ave

    601 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    601 Washington Ave, Madison, SD 57042-3408
    View details
    726 Washington Ave

    726 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    726 Washington Ave, Madison, SD 57042-3519
    View details
    306 Washington Ave

    306 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    306 Washington Ave, Madison, SD 57042-3053
    View details
    615 Washington Ave

    615 Washington Ave

    COMMERCIAL (GENERAL) • 9,170 SF
    Value Estimation
    $880,000
    615 Washington Ave, Madison, SD 57042-3408
    View details
    610 Washington Ave

    610 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    610 Washington Ave, Madison, SD 57042-3518
    View details
    720 Washington Ave

    720 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    720 Washington Ave, Madison, SD 57042-3519
    View details
    502 Washington Ave

    502 Washington Ave

    COMMERCIAL (GENERAL) • 1,087 SF
    Value Estimation by Request
    502 Washington Ave, Madison, SD 57042-3525
    View details
    401 Washington Ave

    401 Washington Ave

    COMMERCIAL (GENERAL) • 7,670 SF
    Value Estimation by Request
    401 Washington Ave, Madison, SD 57042-2951
    View details
    601 Washington Ave

    601 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    601 Washington Ave, Madison, SD 57042-3408
    View details
    222 Washington Ave

    222 Washington Ave

    COMMERCIAL (GENERAL) • 2,284 SF
    Value Estimation by Request
    222 Washington Ave, Madison, SD 57042-2345
    View details
    630 Washington Ave

    630 Washington Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    630 Washington Ave, Madison, SD 57042-3518
    View details
    730 Washington Ave

    730 Washington Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    730 Washington Ave, Madison, SD 57042-3519
    View details

    Madison, SD Commercial Real Estate Investment Opportunities Market Analysis

    Explore 538 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 92,898 square feet of properties for sale, with an estimated market value of $6,373,400.

    Sale prices for business properties in Madison, SD start at $365,000, averaging $910,485, 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 Strategic Investment

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

    Neighborhood Average Price
    57042 $816.4K

    Taxes & Financing

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

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