1407 2Nd StMadison, SD 57042

For Sale
$650,000

Established eatery, banquet space, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This thriving Madison, South Dakota restaurant and bar presents a unique investment opportunity. Priced at $650,000, this single-story, 8,900 square foot building sits on a substantial 105,067 square foot lot at 1407 NW 2nd St, conveniently located on Highway 34 on the west edge of town. The property boasts a spacious bar and restaurant area, a fully equipped kitchen, two meeting rooms, a large banquet facility, and two sets of restrooms. The existing business includes established weekly and monthly events, offering immediate revenue streams and significant expansion potential, such as adding wedding venue services. A liquor license and most of the furniture, fixtures, and equipment (FFE) are included in the sale. The property is zoned for commercial use and has undergone multiple renovations. Note that artwork and decoys are excluded from the sale. Serious inquiries only. The property is available for showings before 10:00 AM Monday through Sunday, or anytime after 2:00 PM on Thursdays.

Highlights

  • $650,000 asking price for this established Madison, SD restaurant and bar.
  • 8,900 SF building on a 105,067 SF lot at 1407 NW 2nd St, Highway 34.
  • Includes bar, restaurant, full kitchen, two meeting rooms, banquet facility, and restrooms.
  • Established events provide immediate cash flow; expansion potential (e.g., weddings).
  • Liquor license and most FF&E included; zoned commercial; multiple renovations.

Property Details for 1407 2Nd St

Property type
Other retail properties, Restaurants
Square Feet
8,900 SF
Buildings
1
Stories
1

Location Insight

City
Madison
County
Lake
State
South Dakota
Latitude
44.0069177
Longitude
-97.1347178
1407 2Nd St, Madison, South Dakota

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1407 2Nd St
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