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481 SW 5th Street

Madras, OR 97741
  • $3,900,000
  • STATUS: Active
  • ON SITE: 114 Days
  • MLS #: 220146897
UPDATED: 4 min ago
$3,900,000
  • 0
    BEDS
  • 339.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,528
    SQFT
  • $210
    $/SQFT
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info


Central Oregon Association of Realtors logoListing courtesy of Dick Dodson Realty.

Description

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.

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Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Cascade Hasson Sotheby’s International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Cascade Hasson Sotheby’s International Realty. Data last updated: .2022-09-24T19:02:33.133
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481 SW 5th Street Madras, OR 97741

  • Price: $3,900,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 4 min ago
  • MLS #: 220146897
0
Beds
0
Baths
0
½ Baths
339.55
Acres
18,528
SQFT
$210
$/SQFT
1965
Built
County:
Jefferson
Area:
Madras
Property Description
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.
Exterior Features

Construction Materials Block Foundation Details Slab Levels Two Lot Features Corner LotSprinkler Timer(S) Parking Details Numberof Parking Spaces 40 Parking Details Parking Yes Parking Features On StreetParking Lot Roof Composition

Interior Features

Additional Features 3 Phase ElectricAda ComplyKitchenLaundry FacilitySeparate Electric Meters Cooling Central AirHeat Pump Flooring Vinyl Heating Forced AirHeat Pump Miscellaneous Information Numberof Grade Leve 2

Property Features

Additional Parcels YN Yes Business Type Convenience StoreLaundromatReal Estate CCAnd Rs YN No Cross Street G Existing Lease Type Call Listing Agent FIRPTAYN No Government Overlay Opportunity ZoneUrban Renewal Inclusions Note Equipment List. Incomeand Expenses Annual Amounts Estimated Gr 3200000.00 Incomeand Expenses Annual Amounts Net Operatin 400000.00 Listing Terms CashConventional Miscellaneous Information Urban Reserve Miscellaneous Information Confidentiality No Yes New Construction YN No Owner Pays ElectricityExterior MaintenanceGasInsuranceInterior MaintenanceJanitorial ServiceRepairsSewerTaxesWater Power Production Public Utilities Sewer Public Sewer Special Assessments None Special Listing Conditions Standard Tax Annual Amount 45.82 Tax Year 2021 View City Zoning C2

Listing information © 2022 MLS of Central Oregon
Listing provided courtesy of Dick Dodson Realty: (541) 475-6137.

Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Cascade Hasson Sotheby’s International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Cascade Hasson Sotheby’s International Realty. Data last updated: .2022-09-24T19:02:33.133
 
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Cascade Hasson Sotheby’s International Realty
650 SW Bond St Suite 100
Bend OR, 97702

Central Oregon Association of Realtors logoListing courtesy of Dick Dodson Realty.