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Madison, SD Office Spaces for Sale

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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Light Industrial Office Unit
Light Industrial Office Unit

340 Hollister Ave, Salem, SD 57058

Contact for pricing
990 sqft

Vacant office unit with light industrial zoning, on-site parking, and natural gas heating.

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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.

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Mixed-Use Development Land Available
Mixed-Use Development Land Available

2432 Main Ave S, Brookings, SD 57006

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Development land suitable for retail, office, multi-family, or restaurant.

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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.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Fenced Commercial Land
Fenced Commercial Land

4th St, Dell Rapids, SD 57022

$79,900
0.32 AC lot

Commercial parcel with Central Business zoning and chain-link fencing in Dell Rapids.

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Commercial Land with Utilities
Commercial Land with Utilities

600 E Quartzite St, Dell Rapids, SD 57022

$269,900
1.03 AC lot

General Business-zoned commercial parcel with public water and sewer stubbed to the site.

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Madison, SD Office Spaces Market Trends and Statistics

Explore 1 office spaces 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 spaces 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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