117 S  Ave | Image 1
New
117 S  Ave | Image 2

$230,000

For Sale

5 days ago

117 S Ave, Madison, SD

House

MLS® 22606119

0 Bed

0 Bath

4139 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 4139 sqft
Garage 
Taxes $675
Days Active 5
Lot Size 0.1561 Acres
Approx. Age 1884
Avg. Price Per Sqft $55
MLS® Number 22606119

Property Address: 117 S Egan Ave Avenue, Madison, SD, 57042

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

Description

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!
MLS® Number22606119
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1884
Basement
Driveway
Garage Spaces
HeatOther
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 11, 2026List Date
$230,000List Price
  • Commute

Commute

Starting Address
Destination Address
117 S Ave, Madison, SD

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