Madison SD Real Estate & Commercial for Sale

15 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22606587
Type:
Retail
Subdivision:
Other - Outside Jurisdiction
Lot size:
0.16 Acres
Year built:
1908
Courtesy: eXp Realty- SF-Allen Edge Team Nic Allen
View additional info

ADDITIONAL INFORMATION

DOWNTOWN MADISON COMMERCIAL INVESTMENT OPPORTUNITY! Located in the heart of downtown Madison, this well-maintained commercial building, featuring tons of new renovations, offers an excellent opportunity for an investor seeking established tenants, long-term leases, and strong income potential. The property features approximately 11,600 total square feet with two established tenants occupying separate levels. The main floor, approximately 5,800 square feet, is leased to Anytime Fitness, while the approximately 5,800-square-foot upper level is leased to Bulldog Media Group. Both tenants are secured with 5-year leases, providing a combined gross annual income of $98,400. Recent capital improvements add value and peace of mind, including new mechanical systems completed within the past year and a new roof installed approximately two years ago. The building also features a freight elevator, providing convenient access between floors and added flexibility for commercial use. Located in downtown Madison, the property offers a central location surrounded by local businesses, services, and the community's established commercial district. With quality tenants, long-term leases, recent updates, and a strong income stream, this property is a great opportunity to add a stabilized commercial investment to your portfolio.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22606119
Type:
Mixed Use
Subdivision:
Original Plat
Lot size:
0.16 Acres
Year built:
1884
Courtesy: eXp Realty - Elevated Sioux Falls Tyce Ortman
View additional info

ADDITIONAL INFORMATION

Investment opportunity in the heart of Madison! This four-unit mixed-use property offers multiple income streams with additional upside for its next owner. The café currently rents for $500/month, while the card shop rents for $350/month with its lease ending in October and potential to increase rent to $500/month. The upstairs apartment is currently vacant with estimated market rent of $800-$900/month. A fourth commercial unit is also vacant, creating an excellent opportunity to start or grow your own business, occupy the space yourself, or lease it out for additional income. With four units, existing income, and room to increase revenue, this is a great opportunity to add a versatile mixed-use property to your investment portfolio!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22605796
Type:
Other
Subdivision:
No Subdivision
Lot size:
0.34 Acres
Year built:
1962
Courtesy: Signature Realty Group LLC Brandon Burg
View additional info

ADDITIONAL INFORMATION

Prime Commercial Building & Established Restaurant Business for Sale in Madison, SD! Own both the real estate and the business with this turnkey sports bar and grill located on highly visible Egan Avenue in Madison, SD. This exceptional opportunity includes the commercial building, liquor license, and most furniture, fixtures, and equipment, making it ready for its next owner. The property features a full commercial kitchen, spacious dining area, and a welcoming recreation space complete with dart boards, a pool table, comfortable lounge seating, and a dedicated video lottery room. A large basement offers abundant storage or future expansion potential, while a private office provides space for daily operations and management. Whether you're looking to continue operating a successful sports bar and grill or bring your own vision to the space, this property offers outstanding potential in a prime location. Seller financing is available for qualified buyers.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
180212
Type:
Other
Courtesy: SOUTH DAKOTA PROPERTIES 605-721-5565
View additional info

ADDITIONAL INFORMATION

PRIME/HIGH VISIBILITY commercial opportunity located on Highway 34 in Madison, South Dakota. Situated on approximately 4 acres, this versatile property is currently being used as a tow yard, auto mechanic, and restoration facility, offering excellent visibility and endless potential for future use. Whether you're looking to continue utilizing the property for automotive-related use or transform the space into something entirely your own, the possibilities here are extensive. With highway frontage, ample space, and a prime Madison location, this is a rare commercial opportunity with exceptional potential. Please note: The business itself is not for sale. Sale is for land and building with some fixed equipment included.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22605195
Type:
Warehouse
Subdivision:
Temporary Check Back
Lot size:
0.04 Acres
Year built:
2025
Courtesy: Dynamic Realty Mark Fiechtner
View additional info

ADDITIONAL INFORMATION

Why rent a commercial shop when you can own it? Rare opportunity to own a brand new, energy efficient 30x60 commercial shop outfitted with the small contractor in mind! 1800 sq ft with 16' ceilings and a 16x14' overhead door with remote, bathroom, floor drain, radiant heat, internet, huge parking lot to allow for semi truck traffice for delivery all located in a growing commercial and industrial area right off Hwy 34 in Madison's new industrial park. All snow and grass maintenance is take care with the HOA.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22603605
Type:
Other
Subdivision:
No Subdivision
Lot size:
2.34 Acres
Year built:
1975
Courtesy: Hegg, REALTORS Justin Garry
View additional info

ADDITIONAL INFORMATION

Opportunity is knocking with Nicky’s Restaurant and Lounge—a well-known local destination with 50 years of history, loyal community recognition, and endless potential for its next owner. Known for great food, drinks, and gatherings, this established venue has long been a go-to spot for celebrations, meetings, events, and nights out. With more than 8,900 square feet of space, the property offers incredible flexibility and room to grow. The layout is designed to support weekly and monthly functions, private parties, banquets, community events, business meetings, or an expanded restaurant and entertainment concept. Whether you want to continue a trusted local legacy or bring a fresh new vision to the space, this property gives buyers a strong foundation with the size, visibility, and amenities to make it happen. The building includes a bar and restaurant area, full kitchen, two meeting rooms, a large banquet room, and two sets of bathrooms. The liquor license and most furniture, fixtures, and equipment are included, helping make the transition easier for the next owner. An additional lot west of the building is also available, offering even more opportunity for parking, expansion, or future development.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22603481
Type:
Mixed Use
Subdivision:
No Subdivision
Lot size:
0.84 Acres
Year built:
1972
Courtesy: Signature Realty Group LLC Brandon Burg
View additional info

ADDITIONAL INFORMATION

Exceptional opportunity to own a well-equipped commercial office building in a prime central business district location. This two-story property is designed for functionality and accessibility, featuring an elevator for seamless access between floors and a layout that supports a wide range of business operations. Inside, you’ll find numerous private offices and flexible workspace options, ideal for professional services, administrative use, or multi-tenant potential. The building includes five bathrooms with showers, plus a convenient half bath at the main entrance—perfect for staff and client needs. Additional highlights include a large attached garage for storage or operational use, as well as a paved asphalt parking lot providing ample off-street parking for employees and visitors. With its central business zoning, versatile layout, and strong infrastructure, this property is well-suited for a variety of commercial uses and offers excellent potential for owner-occupants or investors alike.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22600029
Type:
Office
Subdivision:
No Subdivision
Lot size:
0.52 Acres
Year built:
1951
Courtesy: Signature Realty Group LLC Brad Benson
View additional info

ADDITIONAL INFORMATION

We are thrilled to present this exceptional 2,298 square foot office space, ideally located on a bustling roadway. This property boasts a DOT-established traffic count of 5,070 cars per day, ensuring maximum exposure and accessibility for your business. The space offers an open floor plan that can be easily tailored to suit various professional needs, whether you envision a collaborative workspace, private offices, or a welcoming reception area. Large windows flood the space with natural light, creating an inviting atmosphere for both clients and staff. Located just blocks from downtown Madison and Dakota State University this is a prime location. Whether you're looking to establish or expand your business, this location is a strategic choice with the potential for growth and visibility. Don’t miss the opportunity to secure a prominent office space in this dynamic community.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
22507278
Type:
Business Opportunities
Subdivision:
Town Prop
Lot size:
0.4 Acres
Year built:
1995
Courtesy: Hegg, REALTORS Dan Hindbjorgen
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ADDITIONAL INFORMATION

U Shine Car Wash is an established, profitable, well maintained and updated business in a great location with consistent traffic. The 24-hour wash system includes 1 heated touchless automatic wash bay, 3 heated self-serve wash bays, 4 vacuums, and vending machines. Nearly $200,000 in recent upgrades have been made, including front and rear air lift automatic electric overhead doors, new 2-inch polyurethane roof insulation with protective coating, updated parking lot, and new exterior signage and lighting. This turnkey business has a proven income history, a solid reputation in the community, and potential for growth through app-based integrations and loyalty programs. Financials are available upon request. Listing agent is co-owner of U Shine Car Wash.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
22506721
Type:
Mixed Use
Subdivision:
Temporary Check Back
Lot size:
0.18 Acres
Year built:
1905
Courtesy: EXIT Realty Advantage Adam Foland
View additional info

ADDITIONAL INFORMATION

Fantastic location on S. Washington Ave on a busy corner lot! Great visibility with zero entry! This would be a great location for multiple business endeavors! At this location previous businesses have been a beauty salon, real estate office, thrift and antique shop, meal prep kitchen and more. There are two lots with this sale with plenty of room for expansion and or lots of private parking! Recent updates are new exterior paint and some siding, new gutters, newer flooring. If you covet a great location with lots of visibility this is a great spot and hard to replicate!

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
22505475
Type:
Industrial
Subdivision:
Temporary Check Back
Lot size:
0.45 Acres
Year built:
2018
Courtesy: Hegg, REALTORS Lee Schelling
View additional info

ADDITIONAL INFORMATION

A Rare Find Nearby Walkers Point Near Lake Madison, 42x96 Contractor/Hobby Shop/ Shouse Building on Blacktop Street. 14ft Sidewalls, 14ft Tall x 18ft Tall Overhead Door on Street Side with Separate Driveway to Rear of Building with Another 14ft wide x 12ft Tall Overhead Door. Building is Divided into 2 sections with Overhead Door to Drive Straight Thru Building. Dividing Wall has 14ft Wide x 12 ft Tall Overhead Door and Walk Door. Easy Setup to Owner Occupy and Lease out Remaining. Rear Half of Building (42x48)has Living Quarters with PTAC Unit, In-Floor Heat, Laundry Hook-ups, ¾ Bathroom with Shower, Laundry Sink, Kitchenette, Mop Sink Area, Floor Drain, Hot & Cold-Water Hookups, Forced Air Furnace with Central Air, Car Hoist 220 Volt Receptacle, Loft Storage, Ceiling Fan, 220 Volt Outlet for Welder. Front Half (42x48) All Finished Area with Vaulted Ceilings, Wired for RV Hookup, 200 Amp Electrical Service. Indoor-Outdoor Video Security System with Door & Window Sensors Monitored 24/7, Rural Water, Community Sanitary Sewer System, 4 Large Elevated South Facing Window for Lots of Natural Light, 50 Ft Long Driveway from Blacktop Street, Lots of Off-Street Parking, Plus Graveled Area to Rear of Building. Unique Opportunity the Way the Building is Located on Lot to Add-On and Expand Living Quarters Attached to Building and Overlook Treed Area. Very Close to Boat Ramp, Built in 2018 and Recently Finished out Interior, Basically a New Building, Turn Key Ready to Move-In Condition, Propane Tank is Owned, Pallet Racking Stays, Seller is Licensed Real Estate Broker, Ask About Aerial Drone Video for More Details.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
22505546
Type:
Mixed Use
Subdivision:
Temporary Check Back
Lot size:
0.53 Acres
Courtesy: EXIT Realty Advantage Angela Peters
View additional info

ADDITIONAL INFORMATION

Discover an exceptional opportunity to own a flexible mixed-use property currently operating as a church, ideally suited for office suites, community gatherings, or redevelopment potential. This well-maintained brick and vinyl building features multiple office spaces, wide-open gathering areas, and a full basementâ??offering ample room for a variety of uses. Recently updated with new carpet installed at the end of 2023, the interior boasts high ceilings that create an airy and spacious atmosphere. Accessibility is a priority, with handicap chair lifts conveniently servicing both levels of the building. Located on a sizable lot, the property includes generous off-street parking, ideal for staff, visitors, or event attendees. Whether you're looking to establish a professional center, community hub, or faith-based organization, this property offers a solid foundation with room to grow.

Beds:
n/a
Baths:
6.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
22505232
Type:
Mixed Use
Subdivision:
Temporary Check Back
Lot size:
2.22 Acres
Year built:
1972
Courtesy: Signature Realty Group LLC Brandon Burg
View additional info

ADDITIONAL INFORMATION

Endless Possibilities Await in Downtown Madison WITH 6 PARCELS INCLUDED! A large office building, 3-unit Quonset that receives rent, large parking lot and a bare lot are all part of this property! Unlock the potential of this expansive commercial building situated just a stone's throw from the vibrant heart of Madison, SD. Boasting over 40 versatile rooms, this property includes office spaces, conference rooms, and shared areas tailored for productivity and collaboration. With six bathrooms, convenience is at your fingertips for tenants and clients alike. In addition to the main building, this property features a spacious 40 x 37 heated garage, perfect for a wide range of mechanical or storage needs. Additionally, three separate quonsets on the property generate rental income, enhancing your investment potential right from the start. Whether you're looking to establish your business headquarters, create a co-working space, or develop a multi-tenant facility, this property provides the space and flexibility to bring your vision to life. The opportunities are as expansive as the building itselfâ??bring your ideas and capitalize on this fantastic opportunity in a prime location!

Beds:
n/a
Baths:
4.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
22504811
Type:
Other
Subdivision:
No Subdivision
Lot size:
2.34 Acres
Year built:
1975
Courtesy: Hegg, REALTORS Justin Garry
View additional info

ADDITIONAL INFORMATION

Nicky's Restaurant and Lounge is looking for a new owner! For 50 years this place has been the local spot for great food, great drinks, & the best spot in town for hosting large gatherings with meeting rooms to accommodate any size party! This venue help weekly and monthly functions and has the capacity to expand! With over 8900 sq ft of space there is room for just about anything! If you're looking to continue the legacy or reinvent the space to something new check this place out! The building includes the bar/restaurant space, full kitchen, two meeting rooms, large banquet room and two sets of bathrooms. Liquor license and most FFE included! There is also additional lot west of building that is also available.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
22407344
Type:
Mixed Use
Subdivision:
No Subdivision
Lot size:
1.18 Acres
Year built:
1960
Courtesy: Hegg, REALTORS Justin Garry
View additional info

ADDITIONAL INFORMATION

This 1.18 acres of highway frontage property on Washington Ave in Madison, SD is ready for re-development and is ideal for a business. Bring your ideas to this property with nearly 200 feet of highway frontage. Fomerly a resturant space and plumbing shop the usage for this parcel is nearly endless! It is currently zoned as highway business.

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Andrea D. Conner, License 17600, Xome Inc., License 13405**, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Xome, Inc. are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. © 2026 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.

Andrea D. Conner, License 17600, Xome Inc., License 13405**, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright 2026 Black Hills Association of REALTORS®. All rights reserved.



Madison Real Estate

Madison is located in South Dakota. Madison, South Dakota has a population of 6,388. Madison is more family-centric than the surrounding county with 27.85% of the households containing married families with children. The county average for households married with children is 26.24%.

The median household income in Madison, South Dakota is $58,564. The median household income for the surrounding county is $67,297 compared to the national median of $69,021. The median age of people living in Madison is 36.2 years.

Madison Weather

The average high temperature in July is 83.2 degrees, with an average low temperature in January of 5.3 degrees. The average rainfall is approximately 26.4 inches per year, with 38.8 inches of snow per year.

Madison Map

Madison Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    116
    30-day change

Madison Schools and Demographics

Education near Madison, SD

City County
High School Graduates 89.09 91.27
College Degree - 2 year 7.75 9.28
College Degree - 4 year 31.82 33.03
Graduate Degree 8.1 7.47
Expenditures per Student 10,635 10,635
Students per Teacher 13.2 13.2

Elementary Schools near Madison, SD

Grades Students P/T Ratio ZIP
Camridge Colony School - 04 KG - 08 12 5.7 57057
Chester Elementary -02 PK - 05 212 17.4 57016
Madison Elementary School - 07 KG - 05 489 15.4 57042
Oldham-Ramona Elementary - 02 PK - 06 75 9.7 57054
Rustic Acres Elementary - 04 KG - 08 35 17.5 57042
Rutland Elementary - 02 KG - 06 85 10.1 57057
Shannon Colony Elementary - 08 KG - 08 22 10.8 57076

Middle Schools near Madison, SD

Grades Students P/T Ratio ZIP
Chester Ms - 03 06 - 08 78 16.5 57016
Gracevale Colony Elementary - 06 KG - 08 29 12.8 57076
Madison Middle School - 02 06 - 08 278 13.5 57042
Oldham-Ramona Junior High - 03 07 - 08 13 6.3 57054
Rutland Junior High - 03 07 - 08 28 9.9 57057

High Schools near Madison, SD

Grades Students P/T Ratio ZIP
Chester High School - 01 09 - 12 93 9.6 57016
Madison High School - 01 09 - 12 358 15.2 57042
Oldham-Ramona High School - 01 09 - 12 29 5.1 57054
Rutland High School - 01 09 - 12 31 4 57057

Ungraded Schools near Madison, SD

Grades Students P/T Ratio ZIP
* Chester Area Cyber School - 39 09 - 12 208 23.3 57016
* High Plains - 06 09 - 12 46 71.9 57016

Demographics near Madison, SD

City County
Neighborhood Type Small Town
Population 6,388 11,358
Population Density 1,384 20
Median Age 36.2 44.1
People per Household 2.4 2.3
Median Household Income 58,564 67,297
Average Income per Capita 29,023 37,541

Real estate near Madison