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123 SW 1st St, Madison, SD, 57042
Bar and Restaurant for Sale

123 SW 1st St Madison, SD 57042

New
For Sale
$378,500

COMMERCIAL - Madison, SD

Property Size2,568 SF
Lot Size0.06 Acres
Price / SF$147.39
Days on Market2

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 Carpet, Concrete, Tile
Building materials Frame
Roof type Tar/Gravel, Composition
Listing Agency: EXIT Realty Advantage
Listed By: Adam Foland
Added: Jul 26 Changed: Jul 27 Last Checked: Jul 27 at 6:06PM
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 for-sale property at 123 SW 1st St in Madison, South Dakota includes bar and restaurant operations under the Central Business zoning designation. The offering is designed for an owner/operator or investor looking to acquire a single community-focused venue.

Public remarks indicate the business draws steady year-round traffic, including patrons associated with a nearby expanding college campus, as well as locals and visitors. The property sits on a 0.0624-acre lot and includes 2,568 square feet of space.

Interested parties should review the offering details to confirm the existing configuration and understand any included business operations and in-place improvements.

Key Highlights

  • Bar and restaurant business with established track record of profitability
  • Frame construction with central heating and central air conditioning
  • Flooring includes carpet, concrete, and tile

Property Analytics

Property Profile Location Intelligence

Current Use

Tavo's Carpet & Flooring ... Big Box & Wholesale Store Hot Shots Bar Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service Bakery (Bike/Boat/Book/etc) Store Daycare Center

Zoning and permitted uses should be independently verified with authorities.

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 - Central Business zoned property with bar and restaurant operations in Madison, South Dakota.
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: Bar and restaurant business with established track record of profitability; Frame construction with central heating and central air conditioning; Flooring includes carpet, concrete, and tile
More about this property
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