THE JEFF MERRILL TEAM | eXp REALTY
117 S Egan Ave, Madison, SD 57042
Featured Property in Madison
Offered for $200,000
Details checked November 6, 2026. Price and availability may change. Current MLS details.
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Discover 117 S Egan Ave
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!
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Interested in this property?
Tyce Ortman: 605-413-7903 | Jeff Merrill: 605-201-2846
Courtesy of Tyce Ortman from eXp Realty - Elevated Sioux Falls. Cell: 605-413-7903. MLS 22606119. Information deemed reliable but not guaranteed. Full MLS details and disclosures. Equal Housing Opportunity.