Parking & Garage

Madison, SD Parking Lots & Garages for Sale

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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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

Sioux Falls Office Building
Sioux Falls Office Building

112 S Dakota Ave, Sioux Falls, SD

$2,175,000
6,800 sqft 0.51 AC lot

Updated office building with heated parking garage and surface parking.

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Historic Black Building in Fargo
Historic Black Building in Fargo

114-118 Broadway N, Fargo, ND

$17,000,000
69,727 sqft 0.40 AC lot

Historic building in downtown Fargo with skyway access.

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Sioux Falls Commercial Property For Sale
Sioux Falls Commercial Property For Sale

1000 South Grange Avenue, 1201 W. 18th Street, Sioux Falls, SD 57104

$3,200,000

Two-building commercial property with strong revenue potential in Sioux Falls.

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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.

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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.

Waterfront Land with Highway Frontage
Waterfront Land with Highway Frontage

446th Ave, Waubay, SD 57273

$75,000
4.51 AC lot

Recreation-focused acreage with US Highway 12 frontage near Blue Dog Lake and nearby public fishing access points.

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Commercial Development Land with Building Pad
Commercial Development Land with Building Pad

590 Hwy 29 S, Montevideo, MN 56265

$115,000
0.60 AC lot

Ready-to-develop commercial lot with an established building pad, prepared parking area, and utility hook-ups.

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Multi-Building Flex and Warehouse Property
Multi-Building Flex and Warehouse Property

1703 E Lakeshore Drive, Storm Lake, IA 50588

$599,000

Four-plus acre C-Commercial site with multiple warehouse and office-ready buildings for businesses needing storage and frontage exposure.

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Industrial Development Land Site
Industrial Development Land Site

S Broadway, Alexandria, MN 56308

$339,900
5.00 AC lot

5-acre development site with a 1-acre buildable area and options for parking, storage, and outdoor uses.

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Madison, SD Parking Lots & Garages Market Trends and Statistics

Explore 1 parking lots & garages for sale in Madison, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for parking garages in Madison, SD start at $2,500,000, averaging $2,500,000, and reaching up to $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 3
Retail properties & Spaces 3
Automotive properties 2
Commercial land 2
Flex space 2

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%

Total CRE Inventory on Market (SF)

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