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!
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
SF-60 |
| HEAT |
Electric, Natural Gas, Other |
| LOT |
6800 sq ft |
| LOT DIMENSIONS |
50 × 136 |
| PARKING |
Paved |
| STORIES |
2 |
| SUBDIVISION |
Original Plat |
| TAXES |
675.1 |
| UTILITIES |
Water Available, Natural Gas Available |
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Listed with eXp Realty - Elevated Sioux Falls
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Dynamic Realty are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.
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