Bar and
For Sale
$378,500
123 SW 1st St, Madison, SD 57042
Established bar and restaurant built in 1914 in Madison, SD, offered for sale.
Property Size2,568 SF
Price / SF$147.39
Days on Market50
Property Features for 123 SW 1st St
General Information
Standard status
Active
Size
2,568 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Building Details
Year Built
1914
Listing Agency:
EXIT Realty Advantage
Listed By:
Adam Foland · License #13528
(605) 270-2598
Source:
Signaturerealtysd
Added: Jul 28
Changed: Sep 8
Last Checked: Sep 14 at 6:07PM
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 EXIT Realty Advantage
Investment Insights
Based on property information with market context.
Bar and restaurant property built in 1914 with approximately 1,380 SF, offered for sale. The premises are presented as a well-established, proven community gathering spot, supported by an operating history and a menu-and-entertainment concept centered on food, bar service, and on-site activity.
The business is located at 123 SW First St, Madison, SD, and is described as just minutes from a rapidly expanding college campus. The property’s customer base is described as including students, locals, and visitors year-round.
Given the established nature of the concept as presented, the offering may be of interest to an experienced operator looking to continue the current format, or to an investor seeking a business opportunity built around an existing dining and entertainment draw.
The business is located at 123 SW First St, Madison, SD, and is described as just minutes from a rapidly expanding college campus. The property’s customer base is described as including students, locals, and visitors year-round.
Given the established nature of the concept as presented, the offering may be of interest to an experienced operator looking to continue the current format, or to an investor seeking a business opportunity built around an existing dining and entertainment draw.
Key Highlights
- Approximately 1,380 SF bar and restaurant space
- Built in 1914
- 123 SW First St, Madison, SD
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
37k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
McDonald's
Dining
13,966 visits/mo
0.2 miles
Casey's General Store
Shops & Services
7,262 visits/mo
0.4 miles
Dollar General
Shops & Services
6,830 visits/mo
0.5 miles
SUBWAY
Dining
3,080 visits/mo
0.4 miles
Los Tapatios
Dining
2,956 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Hot Shots Bar — 123 SW 1st St, Madison, SD 57042
- Sporty's Bar — 123 Egan Ave S, Madison, SD 57042
- Foley's Bar — 120 Egan Ave S, Madison, SD 57042
- Unlock Madison — 115 Egan Ave S, Madison, SD 57042
- MadLads Brewing Company — 117 Egan Ave S, Madison, SD 57042
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established bar and restaurant built in 1914 in Madison, SD, offered for sale.
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: Approximately 1,380 SF bar and restaurant space; Built in 1914; 123 SW First St, Madison, SD
