1407 NW 2nd St, Madison, SD 57042
1407 NW 2nd St, Madison, SD 57042,Video Tour
1407 NW 2nd St, Madison, SD 57042
1407 NW 2nd St, Madison, SD 57042
1407 NW 2nd St, Madison, SD 57042
1407 NW 2nd St, Madison, SD 57042
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$ 450,000
Est. payment | /mo

8,900 SqFt


$ 450,000
Est. payment | /mo

8,900 SqFt

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 8,900 sqft

Price per Sqft $50

Subdivision No Subdivision

MLS Listing ID 22603605

Year Built 1975

Annual Tax Amount $5,830

Lot Size 2.340 Acres

Property Sub-Type Restaurant

Property Description

Opportunity is knocking with Nicky's Restaurant and Lounge—a well-known local destination with 50 years of history, loyal community recognition, and endless potential for its next owner. Known for great food, drinks, and gatherings, this established venue has long been a go-to spot for celebrations, meetings, events, and nights out.

With more than 8,900 square feet of space, the property offers incredible flexibility and room to grow. The layout is designed to support weekly and monthly functions, private parties, banquets, community events, business meetings, or an expanded restaurant and entertainment concept.

Whether you want to continue a trusted local legacy or bring a fresh new vision to the space, this property gives buyers a strong foundation with the size, visibility, and amenities to make it happen.

The building includes a bar and restaurant area, full kitchen, two meeting rooms, a large banquet room, and two sets of bathrooms. The liquor license and most furniture, fixtures, and equipment are included, helping make the transition easier for the next owner. An additional lot west of the building is also available, offering even more opportunity for parking, expansion, or future development.

Location

State SD

County Lake

Area Sf60

Zoning Commercial

Interior

Flooring Carpet, Vinyl, Laminate

Exterior

Roof Type Rubber,Tar and Gravel

Building

Story 1.0

Others

Virtual Tour https://my.matterport.com/show/?m=wBrp5cftvRY

Realtor Association of the Sioux Empire, Inc. (RASE)
LIsted by Hegg, REALTORS • Justin Garry • OFFICE: 605-336-2100
Abraham Carroll

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(605) 728-6599

abraham.carroll20@joinreal.com

4912 S Technopolis Dr, Sioux Falls, SD 57106-4230, USA

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1407 NW 2nd St