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High Traffic Hwy Frontage Commercial Property 40 Nw 4th St 2,500 SF Retail Building Madras, OR 97741 $650,000 ($260/SF)
INVESTMENT HIGHLIGHTS
- Huge downtown lot on Central Oregon’s most traveled thoroughfare
- Nicely finished building that can serve as a showroom, food and beverage service space, sales office, quick serve store, and more.
- Approximately 15,000 cars a day travel through this intersection
- Unmatched highway visibility for service or retail business or...
- Great signage and signalized intersection for easy access
- With hundreds of thousands of tourists a year driving into Central Oregon, past this property, there are countless opportunities to serve resident and
EXECUTIVE SUMMARY
Highway 97 frontage in Central Oregon!
This is a large lot property with a nicely finished 2,500 square foot building that allows for a wide variety of use options. The lot totals approximately 28,000 square feet. The most recent uses have been used car lots, which remains a fantastic option. However, the location beckons other businesses as well, including restaurants or food carts, convenience stores or farmer’s markets, farm equipment sales, or indoor/outdoor recreation services and toys. Bring your ideas and business to Madras!
Madras is a renaissance community. With recent substantial civic improvements, a growing population of folks seeking quiet neighborhoods and adventure lifestyles, and numerous solid living wage employers, Madras is growing in new ways that honor its heritage.
This is a large lot property with a nicely finished 2,500 square foot building that allows for a wide variety of use options. The lot totals approximately 28,000 square feet. The most recent uses have been used car lots, which remains a fantastic option. However, the location beckons other businesses as well, including restaurants or food carts, convenience stores or farmer’s markets, farm equipment sales, or indoor/outdoor recreation services and toys. Bring your ideas and business to Madras!
Madras is a renaissance community. With recent substantial civic improvements, a growing population of folks seeking quiet neighborhoods and adventure lifestyles, and numerous solid living wage employers, Madras is growing in new ways that honor its heritage.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Year Built/Renovated
1963/2023
Price
$650,000
Price Per SF
$260
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.64 AC
Zoning
C1: Corridor Commercial - Highway corridor commercial zoning allows for countless options. Officially zoned C1.
Frontage
200’ on Highway 97 South
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 111302-DD-01302 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $213,480 |
PROPERTY TAXES
Parcel Number
111302-DD-01302
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$213,480
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High Traffic Hwy Frontage Commercial Property | 40 Nw 4th St
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