Bar and
New
For Sale
$378,500
123 SW 1st St, Madison, SD 57042
COMMERCIAL - Madison, SD
Property Size2,568 SF
Lot Size0.06 Acres
Price / SF$147.39
Days on Market7
Property Features for 123 SW 1st St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Central Business
Subdivision
Temporary Check Back
Directions
S Egan Ave to SW 1st Street, then West to property.
Standard status
Active
APN
21010-01900-210-10
Size
2,568 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Description
N100' LOT21 & N100' LOT 20 BLK 19 ORIG PLAT #196M
Tax Annual Amount
1802
Legal Description
N100' LOT21 & N100' LOT 20 BLK 19 ORIG PLAT #196M
Utilities
Utilities
Water Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1914
Floors in Building
1
Flooring type
Tile, Carpet, Concrete
Building materials
Frame
Roof type
Tar/Gravel, Composition
Listing Agency:
EXIT Realty Advantage
(605) 556-7500
Listed By:
Adam Foland · License #13528
(605) 270-2598
Added: Jul 26
Changed: Aug 1
Last Checked: Aug 1 at 2:06PM
MLS# 22605635
Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This bar and restaurant is housed in a frame building with concrete, carpet, and tile flooring. Central heating and central air provide year-round comfort, supported by a tar/gravel and composition roofing system. The property was built in 1914 and is positioned on a 0.0624-acre lot.
The property is zoned Central Business and has water available. With a reported location in Madison, South Dakota, it’s listed as a bar and restaurant option for buyers seeking an established, operating concept.
The building’s core improvements include central HVAC and durable roof materials, creating a workable foundation for day-to-day operations in a Central Business zoning context.
The property is zoned Central Business and has water available. With a reported location in Madison, South Dakota, it’s listed as a bar and restaurant option for buyers seeking an established, operating concept.
The building’s core improvements include central HVAC and durable roof materials, creating a workable foundation for day-to-day operations in a Central Business zoning context.
Key Highlights
- 0.0624‑acre lot
- 2,568 SF bar and restaurant building
- Zoned Central Business
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 91%
Shops & Services 8%
Hotels & Casinos 1%
McDonald's
Dining
13,966 visits/mo
0.4 miles
Pizza Ranch
Dining
5,305 visits/mo
0.4 miles
Los Tapatios
Dining
2,956 visits/mo
0.5 miles
Wells Fargo
Shops & Services
1,674 visits/mo
0.5 miles
Carquest Auto Parts
Shops & Services
307 visits/mo
0.3 miles
Demographics for 57042, SD
8,131
Population
3,768
Households
2.2
Avg Household Size
37
Median Age
37%
College-Educated
94%
High-School Grad
193.2 sq mi
ZIP Area
42
Density / Sq Mi
$68,672
Median Household Income
$37,067
Median Earnings
$877
Median Rent
$218,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sporty's Bar — 123 Egan Ave S, Madison, SD 57042
- Foley's Bar — 120 Egan Ave S, Madison, SD 57042
- MadLads Brewing Company — 117 Egan Ave S, Madison, SD 57042
- Hot Shots Bar — 123 SW 1st St, Madison, SD 57042
- Unlock Madison — 115 Egan Ave S, Madison, SD 57042
Frequently Asked Questions
What type of property is this?
Bar & Pub - Frame-built bar and restaurant zoned Central Business with central heating, central air, and water available.
Where is this bar & pub located?
The property is located at 123 SW 1st St Madison, SD.
What is the asking price?
The asking price for this property is $378,500.
What are key features of this property?
This property features: 0.0624‑acre lot; 2,568 SF bar and restaurant building; Zoned Central Business
