Restaurants

Madison, SD Restaurants for Sale

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Wentworth, SD Colton, SD Salem, SD Humboldt, SD Wall Lake, SD Colman, SD Canistota, SD Howard, SD
Bar and Restaurant
Updated: Jul 28
Bar and Restaurant

123 SW 1st St, Madison, SD 57042

$378,500
2,568 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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Gas Station with Multi-Use Space
Gas Station with Multi-Use Space

241 N Nebraska St, Salem, SD 57058

$500,000
5,500 sqft 0.57 AC lot

A single commercial property currently combines fuel retail, food service, lounge, casino, and vehicle storage functions.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

241 N Nebraska St, Salem, SD 57058

$500,000
5,500 sqft

Versatile commercial property combining retail, food service, lounge, gaming, and vehicle storage functions.

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Mixed-Use Bar, Restaurant and Convenience Store
Mixed-Use Bar, Restaurant and Convenience Store

407 Bill Davis Street, Egan, SD 57024

Contact for pricing

Combined hospitality, retail, and fuel operation with event space, commercial kitchen, and convenience-store amenities.

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Gas Station with Bar and Restaurant
Gas Station with Bar and Restaurant

407 Bill Davis St Hwy 34 St, Egan, SD 57024

$650,000
0.75 AC lot

Combined fuel, convenience, dining, and beverage operation with outdoor event space.

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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.

Fenced Commercial Land
Fenced Commercial Land

4th St, Dell Rapids, SD 57022

$79,900
0.32 AC lot

Commercial parcel with Central Business zoning and chain-link fencing in Dell Rapids.

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Madison, SD Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Madison, SD on our real estate platform. These investment opportunities span a total of 2,568 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 1
Conventional restaurants 1

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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