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    Madison, SD
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    Madison, SD Retail Properties & Spaces for Sale

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    Salem, SD Colton, SD Howard, SD
    Bar and Restaurant Business Opportunity
    $378,500
    2,568 SF

    Bar and Restaurant Business Opportunity

    123 SW 1st St, Madison, SD 57042

    Well-established bar and restaurant offers a proven track record in a growing community.

    • Operating bar and restaurant, described as well‑established
    • Frame construction building with flooring including carpet, tile, and concrete
    • Central heating and central air conditioning
    • Built in 1914
    • Roof includes composition and tar/gravel materials
    Updated: Dec 9, 2025
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    Established Restaurant and Lounge For Sale
    $649,900
    8,900 SF

    Established Restaurant and Lounge For Sale

    1407 NW 2nd St, Madison, SD

    Restaurant and lounge with meeting and banquet rooms available for sale.

    • Established restaurant and lounge with 50‑year history.
    • Large 8900 sq ft space with expansion potential.
    • Includes bar/restaurant, full kitchen, meeting rooms, and banquet room.
    • Liquor license and most FFE (furniture, fixtures, and equipment) included.
    • Venue suitable for large gatherings and events.
    Updated: Oct 13, 2025
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    Established Car Wash Business For Sale
    $365,000
    1,618 SF

    Established Car Wash Business For Sale

    Profitable, updated car wash business with consistent traffic.

    304 NE 2nd St, Madison, SD
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    Multifamily Property in Madison, SD
    $2,500,000

    Multifamily Property in Madison, SD

    Former high school converted to multifamily with underground parking.

    210 Center Street West, Madison, SD 57042
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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 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.

    Dell Rapids Commercial Lot
    $137,500
    2,400 SF

    Dell Rapids Commercial Lot

    Commercial lot with a vintage gas station in Dell Rapids.

    211 E 3rd St, Dell Rapids, SD 57022
    View details
    Auto Body Shop with Pole Barn
    $1,099,000
    4,500 SF

    Auto Body Shop with Pole Barn

    Commercial property featuring an auto body shop and pole barn.

    24605 Klein Ave, Dell Rapids, SD 57022
    View details
    Main Street Retail Opportunity
    $485,000
    936 SF

    Main Street Retail Opportunity

    Established retail property on Main Street, Salem, South Dakota.

    110 N Main St, Salem, SD
    View details
    Turnkey Restaurant/Coffee Shop Opportunity
    $130,000
    1,610 SF

    Turnkey Restaurant/Coffee Shop Opportunity

    Turnkey restaurant/coffee shop with character, charm, and outdoor seating.

    116 E Vermont Ave, Salem, SD
    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 on Washington Avenue
    $114,900
    0.31 Acres

    Commercial Land on Washington Avenue

    Commercial land with utilities on a busy road in Madison.

    400 S Block Washington Ave, Madison, SD 57042
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    Prime Main Street Commercial Land
    $99,000
    0.32 Acres

    Prime Main Street Commercial Land

    Build-ready lot in thriving Dell Rapids commercial corridor.

    4th St, Dell Rapids, SD 57022
    View details
    Commercial Land in Dell Rapids
    $269,900
    1.03 Acres

    Commercial Land in Dell Rapids

    Prime commercial lot with road frontage and utilities access.

    600 E Quartzite St, Dell Rapids, SD 57022
    View details
    Prime Industrial Land For Sale
    $236,521
    1.87 Acres

    Prime Industrial Land For Sale

    1.87 acres in Fiegen Industrial Park, Dell Rapids, SD.

    602 S Garfield Ave, Dell Rapids, SD 57022
    View details

    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
    14,000 SF
    Value Estimation by Request

    34 S & Sd Hwy, Madison, SD 57042

    View details

    Madison, SD Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 5 retail properties & spaces for sale in Madison, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,086 square feet of properties for sale, with an estimated market value of $1,393,400.

    Sale prices for stores in Madison, SD start at $365,000, averaging $464,466, and reaching up to $649,900 — 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

    Automotive properties 2
    Car washes 1
    Parking lots & garages 1
    Self service car washes 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 median listing prices of real estate assets

    Neighborhood Average Price
    57042 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.65%
    Property Tax per SF $1.74 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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