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Sports Bar with Commercial Kitchen

203 N Egan Ave, Madison, SD 57042

For Sale
$475,000

An established restaurant business and its furnishings, fixtures, equipment, and liquor license are included with the building.

Property Size6,800 SF
Price / SF$69.85
Days on Market102

Property Features for 203 N Egan Ave

General Information

Standard status Active
Size 6,800 SF
Property subtype Commercial
Zoning Central Business

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $6,871

Amenities

dart boards
pool table
comfortable lounge seating
video lottery room
private office

Building Details

Building Size 6,800 SF
Year Built 1962
Buildings 1
Listing Agency: Signature Realty Group LLC
Listed By: Brandon Burg
Source: Davedaale
Added: Jul 31 Changed: Nov 7 Last Checked: Nov 8 at 3:24PM

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 Signature Realty Group LLC

Rey
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Investment Insights

Based on property information with market context.

This 6,800-square-foot bar and pub property in Madison includes an established restaurant business, a commercial kitchen, and a dining area. Recreation amenities include dart boards, a pool table, lounge seating, and a separate video lottery room. A private office supports day-to-day management, while the basement provides additional storage space. The building was constructed in 1962, and the property is zoned Central Business.

The sale includes a liquor license and most furniture, fixtures, and equipment, along with the real estate and operating business. Located at 203 N Egan Ave, the property offers an existing restaurant setup with dining, kitchen, recreation, office, and basement areas.

Key Highlights

  • 6,800‑square‑foot bar and pub property with an established restaurant business
  • Commercial kitchen, dining area, private office, and basement storage
  • Dart boards, pool table, lounge seating, and a dedicated video lottery room

Property Analytics

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

Current Use

Stadium Sports Grill Bar & Pub Small Town Girlz Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Real Estate Agency Bakery Skin Care Clinic

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
McDonald's Dining
13,966 visits/mo 0.2 miles
Casey's General Store Shops & Services
7,262 visits/mo 0.4 miles
SUBWAY Dining
3,080 visits/mo 0.2 miles
Los Tapatios Dining
2,956 visits/mo 0.2 miles
Wells Fargo Shops & Services
1,674 visits/mo 0.0 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
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Market

Vacancy Rate% for Retail in Midwest region

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

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 - An established restaurant business and its furnishings, fixtures, equipment, and liquor license are included with the building.
Where is this bar & pub located?
The property is located at 203 N Egan Ave Madison, SD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 6,800‑square‑foot bar and pub property with an established restaurant business; Commercial kitchen, dining area, private office, and basement storage; Dart boards, pool table, lounge seating, and a dedicated video lottery room
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