Jerome Garry

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Listing provided courtesy of Hegg, REALTORS- MLS# 22603605MLS ProviderContact Information: [email protected]

1407 NW 2nd StMadison, SD 57042

Commercial · 8,900 Sq. ft. | 2.34 Acres
$599,900 Active - Active

1407 NW 2nd St Overview

Time on Site:
40 days
Visits:
43

Nicky's Restaurant and Lounge is looking for a new owner! For 50 years this place has been the local spot for great food, great drinks, & the best spot in town for hosting large gatherings with meeting rooms to accommodate any size party! This venue help weekly and monthly functions and has the capacity to expand! With over 8900 sq ft of space there is room for just about anything! If you're looking to continue the legacy or reinvent the space to something new check this place out! The building includes the bar/restaurant space, full kitchen, two meeting rooms, large banquet room and two sets of bathrooms. Liquor license and most FFE included! There is also additional lot west of building that is also available.

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1407 NW 2nd St Facts & Features

  • Type Commercial
  • Sq. ft. 8,900
  • Price/Sq.ft. $67
  • Lot 2.34 Acres

Details

General

Building Information

  • Building Name: Nicky's Resturant
  • Year Built: 1975

Location/Region

  • County Or Parish: Lake
  • MLS Area Minor: SF-60
  • Subdivision Name: No Subdivision

Tax Information

  • Tax Annual Amount: 5830.76

General Information

  • Inclusions: Buildings,Business,Equipment,Fixture(s),Furniture,Inventory,Land
  • Parcel Number: 21997-05000-030-20 & 21997-05000-060-25
  • Property Sub Type: Restaurant
  • Property Type: COMMERCIAL
  • Zoning: Commercial

Interior

General Information

  • Cooling: Central Air
  • Flooring: Carpet,Laminate,Vinyl
  • Heating: Central
  • Living Area: 8900.0
  • Living Area Source: Public Records
  • Security Features: Exterior Lighting
  • Stories: 1

Exterior

Lot Information

  • Lot Size Acres: 2.34
  • Lot Size Square Feet: 101930.0

Building Exterior/Construction

  • Roof: Rubber,Tar/Gravel

General Information

  • Utilities: Water Available,Natural Gas Available,Sewer Connected

1407 NW 2nd St Neighborhood

Community

57042 (Madison) Demographics

40
Median Age
45
Population Density (per sq. mile)
43%
College Educated
$60,520
Estimated Median Income
2,210
Estimated Total Home Owners
1,094
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1407 NW 2nd St Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1407 NW 2nd St Market Data

Based on the last 30 days in this zip code

$428,996
Average List Price
$215
Average Price per Square Foot
7
Properties Sold
84
Average Days on Market
55
Properties for Sale
Calculations provided by Reliance Network

1407 NW 2nd St History

Date Event Value Agent
5/21/2026Source: Realtors Association of the Sioux Empire, INC Added to Database
May 21, 2026
Justin Garry
Listing Agent