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    Madison, SD
    Parking & Garage

    Madison, SD Parking Lots & Garages for Sale

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    Wentworth, SD Colton, SD Salem, SD Humboldt, SD Wall Lake, SD Colman, SD Canistota, SD Howard, SD
    Multifamily Property in Madison, SD
    Updated: Nov 21, 2025
    Multifamily Property in Madison, SD

    210 Center Street West, Madison, SD 57042

    $2,500,000
    New roof (2023‑2024) and renovated parking garage (Fall 2024)
    Institutional quality solid construction
    Diverse unit mix: one, two‑bedroom units, some with vaulted ceilings
    Large underground garage with 31 stalls
    Stable tenant mix (primarily 55+)
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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.

    Mixed-Use Property with Parking
    Mixed-Use Property with Parking

    23 8th Street South, Fargo, ND 58103

    Contact for pricing
    15,000 sqft

    Historic mixed-use building combines commercial space, apartments, and a separate private parking lot.

    View details
    Garage with Loft Storage
    Garage with Loft Storage

    000 240th Avenue ##9, Arnolds Park, IA 51331

    $38,000
    360 sqft

    Garage with electrical service and an elevated loft supporting storage and recreational use.

    View details
    Detached Garage with Loft
    Detached Garage with Loft

    240th Avenue, Arnolds Park, IA 51331

    $38,000

    Secure detached garage with electrical service, loft storage, and flexible recreational use within Bridges Bay.

    View details
    Garage Condominiums Under Construction
    Garage Condominiums Under Construction

    3800 98TH Avenue S Unit C, Fargo, ND 58104

    $679,900
    4,800 sqft

    High-end garage condominiums customizable for hobbies and passions.

    View details

    Madison, SD Parking Lots & Garages Market Trends and Statistics

    Explore 1 parking lots & garages for sale in Madison, SD on our real estate platform.

    Sale prices for parking garages in Madison, SD average $2,500,000 — 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

    Land 7
    Residential land & home lots 5
    Warehouses 5
    Industrial properties 4
    Flex space 3

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57042 $2.5M

    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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