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$3,900,000
481 Sw 5th St, Madras, OR 97741
0 Beds
0 Baths
n/a SqFt

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This is a great commercial opportunity. 80,000 sq. ft. of land, 10 tax lots total, with 4th and 5th streets, the main highway through town, on both sides. Extremely busy, Busy Bee Market and laundry with sales over $3,200,000 in 2021 and this year is set to be better yet. These high sales are without the Oregon Lottery which inflates sales. At least 40,000 sq. ft. is flat and ready to be developed with Madras Store. Rental home is included. These opportunities are rare, call your realtor today so you don't miss out. This is land and business investment. Property sold as is.
  • Price:
  • $3,900,000
  • Acreage:
  • 339.55
  • Year Built:
  • 1965
  • Listing ID #:
  • 220146897
  • Street Address:
  • 481 Sw 5th St
  • City:
  • Madras
  • State:
  • Oregon
  • Postal Code:
  • 97741
  • County:
  • Jefferson
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Construction Description:
  • Block
  • Flooring:
  • Vinyl
  • Foundation:
  • Slab
  • Stories:
  • Two
  • Type Of Roof:
  • Composition
  • View:
  • City
  • Year Built:
  • 1965
  • Conforms To Zoning:
  • C2
  • Lot Features:
  • Corner Lot, Sprinkler Timer(s)
  • Lot Square Footage:
  • 14790798.00
  • Road Frontage Type:
  • Shared Access
  • Road Type:
  • Paved
  • Section:
  • Not Applicable
  • Days On Market:
  • 118
  • Terms:
  • Cash, Conventional
  • Cross Street:
  • G
  • Property Taxes:
  • $45
  • Tax Year:
  • 2021
  • Parking Description:
  • On Street, Parking Lot
  • Cooling System:
  • Central Air, Heat Pump
  • Existing Water:
  • Public
  • Heating:
  • Forced Air, Heat Pump
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Mike Ahern of Dick Dodson Realty
  • ORDATASHARE

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