For Sale
$995,000

23440 456Th Ave Madison, SD 57042

Three-building flex/warehouse, 18,200 SF

Overview

Added:
Dec 11, 2024
Days on market:
137
Exceptional investment opportunity in Madison, SD, featuring a three-building industrial complex totaling 18,200 square feet on a five-acre lot. The property boasts a mix of warehouse and flex space, ideal for diverse business needs. Building 1 (9,000 sq ft, built in 2006) offers 27-foot sidewalls, two 18-foot overhead doors, and 1,260 square feet of finished office and showroom space. Building 2 (7,000 sq ft, built in 2007) includes two 12x12-foot overhead doors, 3,500 square feet of finished shop area, and 3,500 square feet of cold storage. Building 3 (1,600 sq ft, built in 2009) provides three 10x10-foot overhead doors and dedicated shop space. The property's asking price is $995,000, translating to $54.67 per square foot. Annual real estate taxes are $5,505.46. This multi-building complex presents a compelling opportunity for owner-occupancy or investment, offering significant flexibility and potential for strong returns. The property is located at 23440 456th Avenue, Madison, SD 57042.

Property Details for 23440 456Th Ave

Property type
Warehouses, Industrial properties
Square Feet
18,200 SF
Buildings
3
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Madison
County
Lake
State
South Dakota
Latitude
43.98795339
Longitude
-97.08827049

FAQs

What type of property is this?
Warehouse - Three-building flex/warehouse, 18,200 SF
Where is the warehouse located?
The property is located at 23440 456Th Ave Madison, SD.
What is the asking price?
The asking price for this property is $995,000.
How can I contact the broker?
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23440 456Th Ave
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