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About This Home

This 0-bedroom, 0-bathroom commercial at 123 SW 1st St in Madison, SD is listed for $378,500 ($147 per sqft). Built in 1914, the home offers 2,568 sqft of living space on a 0.06 acres lot.

Agent Description

Don't miss this rare opportunity to own a well-established bar and restaurant with a strong track record of profitability in one of the area's fastest-growing communities. Located just minutes from a rapidly expanding college campus, this popular spot draws steady traffic from students, locals, and visitors year-round.

The business offers a winning combination of great food, lively entertainment, and a welcoming atmosphere making it a favorite gathering place for everything from game-day celebrations to weekend nights out. With a reputation for good times and consistent service, it's perfectly positioned for continued success as the surrounding population and college enrollment keep rising.

Whether you're an experienced operator looking to expand or an investor seeking a profitable, ready-to-run business, this property offers excellent potential and long-term growth. Step into ownership of a proven community favorite today.

Key Features

  • Built in 1914
  • 0.06 acre lot

Property Details

1 story
1914

Amenities

A/C

Monthly Cost Estimate

$2,024/mo

20% down · 6.5% · 30 years

Principal$274
Interest$1,640
Insurance$110

Estimates only. Actual payments may vary.

Location

123 SW 1st St

Madison, SD 57042

Temporary Check Back

Property Details

Flooring

CarpetConcreteTile

Construction

Frame

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 123 SW 1st St is listed at $378,500 ($147/sqft). The estimated monthly payment is $1,640 based on 20% down at 6.5% interest.

Key features include: Built in 1914, 0.06 acre lot.

This property is listed by Adam Foland and can be reached at (605) 270-2598 or adamsellsmore@gmail.com.

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AF

Adam Foland

Agent at EXIT Realty Advantage

(605) 270-2598

Listed by EXIT Realty Advantage

MLS# 22509057· Source: listhub· Updated 122 days ago

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 SW 1st St, Madison, SD 57042

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