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$649,900
321 Days On Site

1407 NW 2nd St
Madison, SD 57042

For Sale|Business|Active
0
Beds
0
Total Baths
8,900
SqFt
$73
/SqFt
1975
Built
Subdivision:
No Subdivision
County:
Lake
1407 NW 2nd St1407 NW 2nd St1407 NW 2nd St1407 NW 2nd St
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Mortgage Calculator

Monthly Payment (Est.)

$2,965
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$649,900
Days On Site 
321 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,900 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.34 Acres
Year Built 
1975
MLS® Number 
22504811
Status 
Active
Property Tax 
$5,830.76
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
7 months agoStatus changed to Active
10 months agoPrice changed to $649,900
11 months agoListing first seen on site
General Features
Acres 
2.34
Cross Street 
2nd St
Parking 
Paved
Property Sub Type 
Business
Security 
Security Lights
Utilities 
Water AvailableNatural Gas AvailableSewer Connected
Zoning 
Commercial
Interior Features
Cooling 
Central Air
Flooring 
CarpetVinylLaminate
Heating 
CentralNatural Gas
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Exterior Features
Other Structures 
Storage
Road Frontage 
City StreetState Road
Roof 
RubberTar/Gravel
Community Features
MLS Area 
SF-60
Roads 
Asphalt
Listing courtesy of Justin Garry of Hegg, REALTORS justingarry@hegg.com



Information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. The data relating to real estate on this website comes in part from the Realtor Association of the Sioux Empire MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than Hegg, REALTORS are marked with the Realtor Association of the Sioux Empire MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated at: 2026-05-07 09:58 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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