Retail

Madison, SD Retail Properties & Spaces 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

$2,300,000
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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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Masonry Gas Station Building
Masonry Gas Station Building

211 E 3rd St, Dell Rapids, SD 57022

$127,500
2,400 sqft 0.43 AC lot

Masonry construction, concrete flooring, and natural gas availability define the existing commercial improvements.

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Vintage Gas Station Property
Vintage Gas Station Property

211 E 3rd St, Dell Rapids, SD 57022

$127,500
2,400 sqft 0.43 AC lot

1920-built commercial property with B-2 General Business zoning and a 132-by-142-foot lot.

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Mixed-Use Property with Storage Units
Mixed-Use Property with Storage Units

4914 - 4932 N. Cliff Avenue, Sioux Falls, SD 57104

Contact for pricing
1.51 AC lot

C-2-zoned commercial property with retail space, detached storage, and access to I-90.

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Mixed-Use Building with Warehouse
Mixed-Use Building with Warehouse

3335 N Lewis Avenue, Sioux Falls, SD 57104

Contact for pricing

Office, retail, and warehouse areas are arranged across a main level, upper floor, and shop 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.

Commercial Land with Utilities
Commercial Land with Utilities

600 E Quartzite St, Dell Rapids, SD 57022

$269,900
1.03 AC lot

General Business-zoned commercial parcel with public water and sewer stubbed to the site.

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Off-Market Properties in Madison, SD

Consider similar Off-Market properties in Madison, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

34 S & Sd Hwy
Retail properties & Spaces

34 S & Sd Hwy, Madison, SD 57042

Estimated value: by Request
14,000 sqft
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Madison, SD Retail Properties & Spaces Market Trends and Statistics

Explore 2 retail properties & spaces for sale in Madison, SD on our real estate platform.

Sale prices for stores in Madison, SD average $2,300,000 — 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

Automotive properties 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 $2.3M

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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