Commercial Sale in Madison

$230,000

117 Egan Ave, 57042, Madison, SD

Commercial Sale for sale in Madison, 117 Egan Ave, 57042, 4139 m²

117 Egan Ave, 57042, Madison, SD

$230,000

4139
Type: Commercial Sale

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!

Location

117 Egan Ave, 57042, Madison, SD

Data

Object TypeCommercial Sale
Purchase Price$230,000
Living Space4139 m²
Plot Size631.74 m²
BathroomsN/A
Construction Year1884
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeOther
Primary Energy SourceN/A
Construction Year1884
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent