610 Washington Ave Madison, SD 57042-3518

Property Details for 610 Washington Ave

Property type

Commercial real estate

APN

21741-00100-090-10

APU

217410010009010

Description

This thriving restaurant in Madison, South Dakota presents a unique owner-user investment opportunity. Located at 610 Washington Ave S, this well-established diner boasts a prime location in a high-traffic area, benefiting from both local and through traffic. The business has enjoyed nearly two decades of success serving breakfast, lunch, and dinner to the community. The property itself is a single-story, 3,870 square foot building constructed in 2005, situated on a spacious 20,948 square foot lot. The building's ample space comfortably accommodates peak-hour crowds. The property is zoned for commercial use and offers significant potential for continued growth, particularly given Madison's expanding population fueled by the presence of Dakota State University. The asking price is $579,000, translating to $149.61 per square foot. This turnkey operation is ready for a new owner to step in and continue its legacy of success. The property's strong history, prime location, and substantial size make it an attractive investment for experienced restaurateurs seeking a profitable, established business. This is a rare opportunity to acquire a successful, long-standing restaurant in a growing South Dakota community.