780 SW 4th Street Madras, OR $ 950,000
780 SW 4th Street
$ 950,000
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780 SW 4th Street

Madras, OR, 97741
$ 950,000
Baths0.0 Sq 2,700

Monthly Estimate*

$ 6,636

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Studio

Commercial Property for sale in Madras, OR

for $950,000. This 2,700 square foot building was built in 1950 on a lot size of 0.8.

Great business and commercial real estate investment opportunity. Excellent highway frontage location. Large corner lot. Over 10,000 cars pass by daily. Central Organics cannabis dispensary has been owner-operated for 8 years and continues to thrive and produce steady revenue. The business is fully staffed and turn key, ready to continue operating. Central Organics has a great local customer base and boasts a large parking lot as well as an outdoor stage for hosting events. Inside you will find a friendly staff and the largest sales floor that the Madras cannabis scene has to offer. The commercial real estate is a great investment opportunity as well. It is 0.80 acres and has potential development opportunity with the new zoning ordinance that passed in Madras in Summer of 2022. Buyer to do own due diligence on zoning requirements. Seller is a licensed Oregon broker.

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Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,481

Style

Retail

Lot Size

0.8

Year Built

1950

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

220169814

Features
Interior
Interior Features Laminate Counters Vaulted Ceiling(s)
Basement None
Flooring Concrete Laminate
Common Walls No Common Walls
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General
Sewer Public Sewer
Heating Electric Natural Gas
Cooling Wall/Window Unit(s)
Roof Metal
Zoning C3
Additional Features Office Space
Levels One
Property Type F
Subdivision Name Nw Townsite
Section Not Applicable
Construction Materials Frame
New Construction Y/N No
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Exterior
Exterior Features Deck
Lot Features Corner Lot Fenced Landscaped Sloped Xeriscape Landscape
Water Source Public
Parking Features Alley Access Gravel Parking Lot RV Access/Parking
Foundation Slab
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* Excluded Features
List By
Michael Boynton

Listing Agent

Coldwell Banker Sun Country

Broker

mboynton9814@gmail.com

Email

Affordability Calculator

$6,926
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$290
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
331058 Elementary School
330912 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$950,000 -20.83% Price Down
8/16/2023$1,200,000 Listed Price

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780 SW 4th Street, Madras, OR, 97741 is a Commercial Property for sale at $950,000 with 2,700 sqft and a lot size of 0.8. 780 SW 4th Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 97741 which is in Madras, OR