610 Washington AveMadison, SD 57042

For Sale
$579,000

Established Diner, High Traffic Location, Owner/User

Overview

Added:
Dec 11, 2024
Days on market:
93
This thriving restaurant in Madison, South Dakota presents a unique owner-user investment opportunity. Located at 610 Washington Ave S, this well-established diner boasts a prime location in a high-traffic area, benefiting from both local and through traffic. The business has enjoyed nearly two decades of success serving breakfast, lunch, and dinner to the community. The property itself is a single-story, 3,870 square foot building constructed in 2005, situated on a spacious 20,948 square foot lot. The building's ample space comfortably accommodates peak-hour crowds. The property is zoned for commercial use and offers significant potential for continued growth, particularly given Madison's expanding population fueled by the presence of Dakota State University. The asking price is $579,000, translating to $149.61 per square foot. This turnkey operation is ready for a new owner to step in and continue its legacy of success. The property's strong history, prime location, and substantial size make it an attractive investment for experienced restaurateurs seeking a profitable, established business. This is a rare opportunity to acquire a successful, long-standing restaurant in a growing South Dakota community.

Highlights

  • $579,000 asking price for this owner-user restaurant opportunity.
  • 3,870 square foot retail building.
  • Located at 610 Washington Ave S, Madison, SD 57042.
  • Established restaurant with almost 20 years of history.
  • Built in 2005 on a 20,948 square foot lot.

Property Details for 610 Washington Ave

Property type
Other retail properties, Restaurants
Square Feet
3,870 SF
Year Built
2005
Buildings
1
Stories
1

Location Insight

City
Madison
County
Lake
State
South Dakota
Latitude
43.9993261
Longitude
-97.1092318
610 Washington Ave, Madison, South Dakota

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610 Washington Ave
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