514 Washington Ave Madison, SD 57042
- Commercial real estate
Current Use by Public Records
- Washington Lofts / Apartment Building
Property Details for 514 Washington Ave
- Property type
- Commercial real estate
- APN
- 21420-00200-000-10
- APU
- 214200020000010
Description
This exceptional 1.18-acre mixed-use property, located at 514 S Washington Ave in Madison, South Dakota, presents a remarkable redevelopment opportunity for discerning investors and entrepreneurs. Boasting nearly 200 feet of highway frontage on Washington Avenue, this parcel enjoys exceptional visibility and accessibility, ensuring high traffic exposure for any future business venture. The property's previous use as a restaurant and plumbing shop demonstrates its versatility and adaptability to a wide range of commercial applications. The expansive lot size offers ample space for new construction or significant renovation, allowing for the creation of a custom-designed facility tailored to specific business needs. Currently zoned as highway business, this property is ideally suited for a variety of commercial uses, making it an attractive investment with significant potential for growth and return. The strategic location in Madison, SD, provides access to a thriving local market and convenient connections to regional transportation networks. This is a rare chance to acquire a highly visible and versatile property in a desirable location, ready for its next chapter. Don't miss this opportunity to capitalize on the potential of this prime commercial real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Lake
- State
- South Dakota
- Longitude
- -97.1091
- Latitude
- 44.0094
