Madison Area Properties

The available properties listed include those owned or not owned by the LAIC. If you have commercial property or buildings for sale or lease in Lake County and would like them listed here or are looking to lease or own a property, please contact us.

Lakeview Industrial Park


Madison, SD 57042

LAIC Spec Building

The 16,000 sq. ft. building is newly constructed in the Lakeview Industrial Park inside the city limits of Madison, South Dakota.

489 SE 12th Street
Madison, SD 57042
Property File

105 South Egan Avenue

This space is available immediately and is located on Egan Avenue, Madison’s main street.


Madison, SD 57042
Property File

223 South Van Eps Avenue

This available building is located at 223 South Van Eps Avenue, one block from Madison’s downtown. The available space was previously used for education purposes. The whole building has Category 5 “Cat-5” cable. This is a nice office building with plenty of parking available.


Madison, SD 57042
Property File

117 S. Egan Avenue - for lease - more info coming soon!

Formerly B&B Appliance, this storefront is available immediately for rent. There is an apartment for rent above this storefront, if interested in renting the storefront and living above, please let us know!

More pictures and information is coming soon!


Madison, SD 57042

Commercial Building Lot

This lot, located along Highway 34/Washington Avenue is a high-traffic, high-visibility location.

The 400 block, including this lot, are near the intersection of 2nd Street and Washington Avenue which is, Highway 34, the main traffic route through Madison.

404 NE 1st Street
Madison, SD 57042
Price: For Sale
Property File

Commerical Building and Land for Lease

Situated on the corner of S. Hyland Avenue and SW 4th Street, on the SW side of Madison, this is a highly visible building.

1111 SW 4th Street
Madison, SD 57042
Property File

117 - 119 1/2 S. Egan Avenue - For Sale

Two adjacent buildings are for sale.

  • 119 half S. Egan Avenue - apartment
  • 119 half S. Egan Avenue - commercial
  • 119 S. Egan Avenue - commercial
  • 117 S. Egan Avenue - commercial

More info and pictures coming soon!!


Madison, SD 57042

Retail Development Land

Located between Montgomery's and Lewis on S. Washington Avenue, this is a prime retail location with high traffic counts.

  • 77,817.50 sq. ft.
  • 1.78 acres
  • Build ready site
  • Paved parking

List Price: $525,000 ($6.74 sq. ft.)

747 S. Washington Avenue
Madison, SD 57042
Property File

Madison Warehouse

Located off of S. Washington Avenue, right off of Highway 34, this is a quick access, storage building to meet your product delivery needs.

  • 15,030 total building sq. ft.
  • Adjacent concrete parking lot
  • Three dock doors
  • One drive-in door
  • 16’ clear height

List Price: $55,000 Lease Rate: $5.00/sq. ft. NNN

747 S Washington Ave.
Madison, SD 57042
Price: $550,000
Property File

Madison Municipal Airport (KMDS)

  • Madison Municipal Airport has hangar rentals and room for corporate hangars.
  • Airport: (605) 256-7524
  • Airport Lobby: (605) 256-9774
  • Phone: AWOS (605) 427-9389 Freq: 118.35

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City of Madison Utilities

Telecommunication, water, sewer, natural gas and electricity can be found on our utilities page.

Lake Area Improvement Corporation © 2019. Developed by Intuvio Solutions.

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