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Two-Story Office Building with Elevator
For Sale
$350,000

212 Sw 2nd St, Madison, SD 57042

Flexible office layout with private rooms, an attached garage, and paved off-street parking.

Property Size17,038 SF
Price / SF$20.54
Days on Market217

Property Features for 212 Sw 2nd St

General Information

Standard status Active
Size 17,038 SF
Elevators Yes
Property subtype Commercial

Amenities

bathrooms with showers
large attached garage

Building Details

Year Built 1972
Buildings 1
Stories 2
Listing Agency: Signature Realty Group LLC
Listed By: Brandon Burg
Source: Siouxfallsareahomesearch
Added: Jan 30 Changed: Sep 4 Last Checked: Sep 4 at 7:43AM

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

Investment Insights

Based on property information with market context.

Constructed in 1972, this two-story office building contains 17,038 square feet with an elevator serving both levels. The interior includes numerous private offices and flexible workspace, along with five bathrooms equipped with showers and a half bath at the main entrance. An attached garage provides additional storage or operational space, while the paved asphalt parking lot supports employee and visitor parking.

The property is located at 212 SW 2nd St in Madison, SD, within the central business district and under central business zoning. Its existing office configuration, elevator access, garage, and parking infrastructure provide a functional setting for professional services, administrative operations, or a multi-tenant arrangement.

Key Highlights

  • 17,038‑square‑foot office building constructed in 1972
  • Two‑story layout with elevator access between floors
  • Numerous private offices and flexible workspace

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office layout with private rooms, an attached garage, and paved off-street parking.
Where is this office building located?
The property is located at 212 Sw 2nd St Madison, SD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 17,038‑square‑foot office building constructed in 1972; Two‑story layout with elevator access between floors; Numerous private offices and flexible workspace
More about this property
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