Search
Four-Unit Mixed-Use Property

117 S Egan Ave, Madison, SD 57042

For Sale
$200,000

Commercial zoning accommodates a ground-floor combination of business space and an upstairs apartment.

Property Size4,139 SF
Price / SF$48.32
Days on Market91

Property Features for 117 S Egan Ave

General Information

Standard status Active
Size 4,139 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Mixed-Use Components retail, residential
Multifamily Units 1
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $675

Building Details

Building Size 4,139 SF
Year Built 1884
Stories 2
Listing Agency: eXp Realty - Elevated Sioux Falls
Listed By: Tyce Ortman
Source: Davedaale
Added: Aug 11 Changed: Nov 7 Last Checked: Nov 8 at 3:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty - Elevated Sioux Falls

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 117 S Egan Ave in Madison, this 4,139-square-foot mixed-use property was built in 1884 and contains four units: three commercial spaces and an upstairs apartment. The commercial component includes a café, a card shop, and a separate vacant unit; the apartment is also vacant. The property is zoned Commercial.

The café and card shop are occupied under leases, while both the apartment and the additional commercial space are available for occupancy or leasing. The card shop’s lease ends in October.

Key Highlights

  • Four‑unit mixed‑use property with three commercial spaces and one upstairs apartment
  • 4,139 square feet; built in 1884
  • Café and card shop currently leased

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

MadLads Brewing Company Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Parking Lot & Garage HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 39% Electronics 3%
McDonald's Dining
13,966 visits/mo 0.3 miles
Casey's General Store Shops & Services
7,262 visits/mo 0.3 miles
Dollar General Shops & Services
6,830 visits/mo 0.4 miles
Scooter's Coffee Dining
6,040 visits/mo 0.5 miles
SUBWAY Dining
3,080 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning accommodates a ground-floor combination of business space and an upstairs apartment.
Where is this mixed-use property located?
The property is located at 117 S Egan Ave Madison, SD.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Four‑unit mixed‑use property with three commercial spaces and one upstairs apartment; 4,139 square feet; built in 1884; Café and card shop currently leased
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved