USASDMadisonOther - Outside Jurisdiction112 N Egan Ave Avenue
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$1,100,000

For Sale

4 hours ago

112 N Egan Ave Avenue, Madison, SD

House

MLS® 22606587

0 Bed

0 Bath

11600 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 11600 sqft
Garage 
Taxes 
Days Active 0
Lot Size 1.6 Acres
Approx. Age 1908
Avg. Price Per Sqft $94
MLS® Number 22606587

Property Address: 112 N Egan Ave Avenue, Madison, SD, 57042

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number22606587
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1908
Basement
Driveway
Garage Spaces
HeatCentral
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 26, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
112 N Egan Ave Avenue, Madison, SD

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Listing Agent

Nic Allen

[email protected]
(605) 731-9199
Tara Allen

Listing Agent

Tara Allen

[email protected]
(605) 929-5010
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