Executive Summary
This prime commercial building offers exceptional exposure on 5th Street and Highway 97 North in the heart of downtown Madras. With an open layout on the ground level and substantial basement space, this property presents versatile options for various business models or redevelopment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
19,716 SF
Building Class:
Building Height
Year Built
1960
Price
$999,000
Rental Rate
Price Per Unit
Price Per SF
$50.67
Cap Rate
Term
No. of Units
No. of Stories
2
Lot Size
0.25 AC
Zoning
C2 - Commercial
Parking
Construction Status
Amenities
- Largest retail building in Madras
- Prime location providing easy and convenient access to US Hwy 97
- High visibility with premium frontage on 5th Street
- Versatile open floor plan and expansive basement for multiple uses
- Flexible usage options suitable for a wide spectrum of owner users or tenants
- Excellent redevelopment potential
- Adaptable space that can be demised to accommodate multiple tenants
