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    Madison, SD
    Restaurants

    Madison, SD Restaurants for Sale

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    Wentworth, SD Salem, SD Colton, SD Ramona, SD Humboldt, SD Colman, SD Canistota, SD Hartford, SD
    Bar and Restaurant
    Updated: Jul 26
    Bar and Restaurant

    123 SW 1st St, Madison, SD 57042

    $378,500
    2,568 sqft 0.06 AC lot
    0.0624‑acre lot
    2,568 SF bar and restaurant building
    Zoned Central Business
    Frame construction with 1914 build year
    Central heating and central air
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    Bar and Restaurant
    Updated: Jul 26
    Bar and Restaurant

    123 SW FIRST ST, Madison, SD 57042

    Contact for pricing
    1,380 sqft
    Approximately 1,380 SF bar and restaurant space
    Built in 1914
    123 SW First St, Madison, SD
    Described as just minutes from a rapidly expanding college campus
    Presented as an established community bar and restaurant concept
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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 10 Potential Opportunities for your consideration. Besides 2 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.

    Turnkey Bar and Restaurant Building
    Turnkey Bar and Restaurant Building

    56 3RD St SE, Huron, SD 57350

    $810,000
    19,500 sqft 0.18 AC lot

    Turnkey bar and restaurant in a 19,500-sf historic building, with commercial kitchen, bar and dining areas.

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    Turnkey Full-Service Restaurant
    Turnkey Full-Service Restaurant

    901 W Russell St, Sioux Falls, SD 57104

    Contact for pricing
    4,996 sqft

    Single-story restaurant with two patron entrances, fully renovated kitchen and bar, rooftop HVAC, and a sprinkler system.

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    Restaurant Bar Building
    Restaurant Bar Building

    128 Dakota Ave S, Huron, SD 57350

    $380,000
    3,715 sqft

    For-sale restaurant and bar property zoned B-3 in Huron, South Dakota.

    View details
    Drive-Thru Coffee Shop Opportunity
    Drive-Thru Coffee Shop Opportunity

    1730 East 10th Street, Sioux Falls, SD 57103

    Contact for pricing

    Vacant 2022-built drive-thru coffee shop zoned S-2/Form RE3 with a pylon sign and convenient I-229 access.

    View details

    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.

    Commercial Land Lot on Main Street
    Commercial Land Lot on Main Street

    4th St, Dell Rapids, SD 57022

    $79,900
    0.32 AC lot

    Build-ready commercial lot in Central Business zoning, fenced with chain-link, on a primary Dell Rapids corridor.

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    Commercial Land with Utilities
    Commercial Land with Utilities

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

    General Commercial zoning with public water and sewer and natural gas available on a commercial lot in Tea.

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    Commercial Land Ready for Development
    Commercial Land Ready for Development

    910 East Spruce Street, Mitchell, SD 57301

    Contact for pricing

    Shovel-ready commercial land suitable for various business ventures.

    View details
    General Business Zoned Commercial Land
    General Business Zoned Commercial Land

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    Commercial lot zoned GB with visibility from Main Street in Elk Point, SD.

    View details

    Madison, SD Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Madison, SD on our real estate platform. These investment opportunities span a total of 3,948 square feet of properties for sale, with an estimated market value of $378,500.

    Sale prices for restaurant properties in Madison, SD average $378,500 — 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

    Bars & Pubs 2
    Conventional restaurants 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 $378.5K

    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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