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Investment Highlights

  • Nearby local retailers and other amenities
  • Potential contract for deed
  • FFE included in sale

Executive Summary

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. Owner willing to do a contract for deed. Don't miss this opportunity to invest in this property and business.

Attachments

Stadium FF&E

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,800 SF
Building Class
B
Year Built/Renovated
1910/2008
Price
$509,000
Price Per SF
$74.85
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes

About 203 N EGAN AVE , MADISON, SD 57042

This property presents a rare opportunity to acquire a fully equipped restaurant and sports bar located in the heart of Madison, SD. Positioned on Egan Avenue, the city’s main thoroughfare, the asset combines a strong downtown presence with convenient access to local amenities and services. The property is offered as a turnkey operation and includes a spacious dining area, a full commercial kitchen, and an inviting recreational zone complete with dart boards, pool table, and a designated video lottery area. Additional features include an office space for administrative needs, a sizable lower level providing future expansion potential, and inclusion of a liquor license with the sale. Most furniture, fixtures and equipment—including décor elements and multiple wall-mounted televisions—are also part of the offering. Furthermore, its designation within an Opportunity Zone provides potential tax advantages under qualifying investment conditions. The surrounding area benefits from steady traffic flow, easy connectivity to regional highways, and proximity to Dakota State University, commercial services, and residential neighborhoods. This combination of location visibility and adaptability makes the property attractive for owner-users seeking an operational business.

Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Anytime Fitness
First Bank & Trust
CrossFit
Scooter's Coffee
  • Listing ID: 40079386

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 203 N Egan Ave, Madison, SD 57042

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