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    Wentworth, SD Montrose, SD Colton, SD Salem, SD Ramona, SD Humboldt, SD Hartford, SD Colman, SD
    Office Building with Open Layout
    Updated: Dec 11, 2025
    Office Building with Open Layout

    502 Ne 2nd St, Madison, SD 57042

    $275,000
    2,298 sqft
    2,298 square feet of office space
    Open floor plan suited to varied professional configurations
    Large windows provide abundant natural light
    DOT‑established traffic count of 5,070 cars per day
    Just blocks from downtown Madison and Dakota State University
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Leased Office Building
    Fully Leased Office Building

    115 N Main Ave, Hartford, SD 57033

    Contact for pricing
    6,138 sqft

    Multi-suite office property with Central Business zoning and an established tenant roster.

    View details
    Industrial Campus with Office Buildings
    Industrial Campus with Office Buildings

    701 E 60th St N, Sioux Falls, SD 57104

    Contact for pricing
    369,424 sqft 68.94 AC lot

    Interconnected office campus with raised-floor call center space and excess light-industrial land for redevelopment.

    View details
    Sioux Falls Office Building
    Sioux Falls Office Building

    Unnamed Road, Sioux Falls, SD

    Contact for pricing
    369,424 sqft 28.19 AC lot

    Large office building with high vacancy and parking.

    View details
    Sioux Falls Office/Call Center
    Sioux Falls Office/Call Center

    301 E 58th St, Sioux Falls, SD 57104

    Contact for pricing
    63,775 sqft

    Office/Call Center in Sioux Empire Development Park 2.

    View details

    Madison, SD Office Buildings Market Trends and Statistics

    Explore 1 office buildings for sale in Madison, SD on our real estate platform. These investment opportunities span a total of 2,298 square feet of properties for sale, with an estimated market value of $275,000.

    Sale prices for office properties in Madison, SD average $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 1

    Demographics Overview

    Population 7,900
    Population Growth (5Y) -15.4%
    Median Household Income $68,672
    College Educated 47.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.65%
    Property Tax per SF $1.74 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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