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For sale
  • $2,500,000

    210 W Center St, Madison, SD 57042

    3beds
    52,044sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $48/sqft
    $-- HOA

    What's special

    Historical building
    The Heritage High Apartment complex is a newly renovated apartment building located just blocks away from restaurants, shopping centers, and other local amenities. The unit mix is composed of six one-bedroom apartments, and twenty-five two bedroom apartments. The historical building has had major capital improvements on top of being completely renovated in 2020. Other improvements over the years include a new clay tile roof with a 75 year warranty, parking lot to the West has been recently resealed and striped, and $200,000 has been invested into the underground parking garage in 2024. This improved property can produce additional revenue through the 14 coin-operated washers/dryers, rent increases, cable fees, and parking fees on the 31-spot underground parking garage. Note: All SF are estimated.
    72 days
    on Zillow
    |
    306
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: February 13, 2025 at 12:52pm

    Listed by:

    Nic Madsen 712-540-6562,

    Gateway Real Estate Advisors

    Source: Northwest Iowa Regional BOR,MLS#: 827636MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 210 W Center St.

    Next available tour time:Today at 4pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total structure area: 52,044
    • Total interior livable area: 52,044 sqft
    • Finished area below ground: 10,314

    Property

    Parking
    • Total spaces: 56
    • Parking features: Garage
    • Garage spaces: 31
    Lot
    • Size: 0.77 Acres
    Details
    • Parcel number: 210110070000020
    • Zoning: Commercial
    • Zoning description: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $48/sqft
    • Tax assessed value: $1,011,100
    • Annual tax amount: $18,654
    • Price range: $2.5M - $2.5M
    • Date on market: 2/12/2025
    • Total actual rent: 274200
    • Tenant pays: Electricity
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