123 SW 1st St, Madison, SD 57042
- Added:
- Dec 9, 2025
- Days on Market:
- 183
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 123 SW 1st St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Central Business
- 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
Utilities
- Utilities
- Water Available
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1914
- Floors in Building
- 1
- Flooring type
- Concrete, Tile, Carpet
- Building materials
- Frame
- Roof type
- Composition, Tar/Gravel
Listing agent Adam Foland (605) 270-2598
Listing office EXIT Realty Advantage 1020 S Union Ave, Madison, SD (605) 556-7500
Listing date Dec 9, 2025
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.
HighLights
- Operating bar and restaurant, described as well‑established
- Frame construction building with flooring including carpet, tile, and concrete
- Central heating and central air conditioning
- Built in 1914
- Roof includes composition and tar/gravel materials
- Water available
Overview
The location is described as being just minutes from a rapidly expanding college campus, helping support steady traffic from students, locals, and visitors throughout the year. The surrounding community is noted as one of the area’s fastest-growing, with continued growth tied to rising population and college enrollment.
This offering should appeal to experienced operators looking to expand, as well as investors seeking a profitable business with long-term potential. Because the property is marketed as having an established customer base and ongoing demand drivers, it may be a strong fit for buyers who want to acquire an operating restaurant and bar rather than starting from scratch.
Current Use by Public Records
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Lake
- State
- South Dakota
- Longitude
- -97.115212
- Latitude
- 44.003716
