Opportunity is knocking with Nicky’s Restaurant and Lounge—a well-known local destination with 50 years of history, loyal community recognition, and endless potential for its next owner. Known for great food, drinks, and gatherings, this established venue has long been a go-to spot for celebrations, meetings, events, and nights out. With more than 8,900 square feet of space, the property offers incredible flexibility and room to grow. The layout is designed to support weekly and monthly… functions, private parties, banquets, community events, business meetings, or an expanded restaurant and entertainment concept. Whether you want to continue a trusted local legacy or bring a fresh new vision to the space, this property gives buyers a strong foundation with the size, visibility, and amenities to make it happen. The building includes a bar and restaurant area, full kitchen, two meeting rooms, a large banquet room, and two sets of bathrooms. The liquor license and most furniture, fixtures, and equipment are included, helping make the transition easier for the next owner. An additional lot west of the building is also available, offering even more opportunity for parking, expansion, or future development.
1407 NW 2nd St, Madison
$450,000
Opportunity is knocking with Nicky’s Restaurant and Lounge—a well-known local destination with 50 years of history, loyal community recognition, and endless potential for its next owner. Known for great food,…
- Price $450,000
- Sq. Ft. 8,900
- Location Madison, SD
Property Details
Listing
- MLS # 22603605
- Status Active
- Property Type Restaurant
- Year Built 1975
- Lot Sq. Ft. 101,930
- Lot Acres 2.34
Interior
- Beds 0
- Baths 0
- Sq. Ft. 8,900
-
Floors
- Carpet
- Vinyl
- Laminate
Systems
- Heating Central
- Cooling Central Air
Location
- Address 1407 NW 2nd St
- City Madison
- State SD
- ZIP 57042
- County Lake
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