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203 N Egan Ave, Madison, SD 57042

No Subdivision · Lake County

Key Facts

6,800Sq Ft
1962Year Built
0.34Lot (acres)

Description

Prime Commercial Building and Restaurant in Madison, SD! Unlock endless potential with this turnkey business conveniently located right on Egan Ave of Madison, SD! This property boasts everything that you need in a sports bar and grill. It has a full kitchen, large dining space, recreation space including dart boards, pool table, couches for relaxing with friends and video lottery room. Liquor license and most FFE (decor, 18 televisions and more) included! Check out the large basement for even more possibilities. A comfortable office area offers a dedicated space for administration or team meetings. Don't miss this opportunity to invest in this property and business. Seller financing is available.

Property Information

Property Type

Commercial Sale

Sub-Type

Business

Year Built

1962

Living Area

6,800 sq ft

Lot Size

0.34 acres

Lot Dimensions

50 x 136

Zoning

retail

Days on Market

195

MLS® Listing#

22508161

Property Features

Cooling:
Central Air
Heating:
Central, Natural Gas
Flooring:
Carpet, Laminate
Parking:
Paved
Roof:
Tar/Gravel
Security:
Security System
Other Structures:
Storage
Utilities:
Water Available, Natural Gas Available, Sewer Connected

HOA & Tax

Annual Tax:
$6,872
Parcel #:
210100050012010

Directions

E on SD-34 into Madison. L (north) onto N Egan Ave. Property will be on your R

Affordability Calculator

$109,800

Estimated monthly payment

$2,922/mo

Principal $439,200 · Est. interest $612,723 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Madison, SD

$346,154
Median Listing Price
83
Median Days on Market
1,814
Median Sq Ft
$181
Median Price / Sq Ft
37
Active Listings
  • This home’s price is 59% above the area median.
  • Its price per sq ft is 55% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Madison, SD.

Location

  • 203 N Egan Ave, Madison, SD 57042

Nearby Schools

  • St Thomas School

    School · 0.1 mi away

  • Madison Elementary School

    Elementary · 0.7 mi away

  • Madison Public Schools

    School · 0.8 mi away

  • Madison High School

    Secondary · 0.8 mi away

  • Madison Middle School

    Secondary · 0.8 mi away

  • Madison Christian School

    School · 1.4 mi away

  • Rutland Isd 39-4

    School · 9.4 mi away

  • Rutland High School - 01

    Secondary · 9.4 mi away

  • Oldham-Ramona High School - 01

    Secondary · 9.5 mi away

  • Chester Area School

    School · 11.7 mi away

  • Chester Middle School/High School

    Secondary · 11.7 mi away

  • Chester Middle School - 03

    Secondary · 11.7 mi away

  • Chester Elementary School

    Elementary · 11.9 mi away

  • Spring Lake Colony Elementary

    Secondary · 16.1 mi away

  • Howard Elementary School

    Elementary · 20.6 mi away

  • Howard High School

    Secondary · 20.7 mi away

  • Tri-Valley School District 49-6

    Elementary · 21.2 mi away

  • Tri-Valley High School - 01

    Secondary · 21.2 mi away

  • Montrose MS 03

    Secondary · 21.6 mi away

  • Montrose School

    School · 21.6 mi away

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EXIT Agents in Madison

Realtor Association of the Sioux Empire, Inc logo

Listing Courtesy: Signature Realty Group LLC

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of REALTOR® Association of the Sioux Empire, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright ©2026 REALTOR® Association of the Sioux Empire, Inc. All rights reserved.

Last Updated: 2025-10-24

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SiouxFalls. MLS® Listing#22508161. © 2026EXIT Realty®. All rights reserved.