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$540,000

  • Sold
  • Closed
  • Commercial Service
See This Home
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See This Home
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Great Office Suite with nearly 800 sq. ft., private restroom and visible downtown Madras, across from Black Bear Diner. 3 private offices, conference room and IT room. ADA access, street level off street parking. $800 per month + $205 per month common area charge (sewer, water, snow plowing, real property taxes, building fire insurance etc). Tenant pays electricity and natural gas (air conditioned). Perfect for a professional office, medical or counseling business, CPA or legal. No general retail. Current tenants are a non-profit, massage, chiropractor and general business office.

Full Property Details for 242 SW 4th St #E

General

  • Sold For: $540,000
  • Taxes: $6,458 (2024)
  • Status: Closed
  • Type: Commercial Service
  • Source: ODS
  • MLS ID: 220215411
  • Added to Site: 217 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Parking

  • Total Spaces: 20
  • Parking Features: Asphalt, On Street, Other, Parking Lot
  • Parking: Primary Suite

Location

  • Area: 800
  • County: Jefferson
  • Subdivision: Palmain
  • Cross Streets: SW E Street

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Basement Desc.: None
  • Foundation: Slab, Stemwall
  • Roof: Membrane
  • Common Walls: 2+ Common Walls
  • Windows: Vinyl Frames
  • Stories/Levels: 1
  • Square Feet: 800
  • Sq. Ft. Source: Assessor
  • Year Built: 1979

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,117
  • Street/Road Desc.: Paved
  • Lot Features: Landscaped
  • Zoning: C2

Financial Considerations

  • Price Per Sq. Ft.: $675
  • Tax Amount: $6,458.85
  • Tax Year: 2024
  • Terms: Owner Will Carry
  • Owner Pays: Exterior Maintenance, Insurance, Repairs, Sewer, Taxes, Water, Other
  • Tenant Pays: Electricity, Gas, Insurance, Interior Maintenance, Janitorial Service, Other

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 9452
  • Section: Not Applicable
  • Block: 3

Listed and Sold by Willow Canyon Group (541) 475-2220, Richard Allen (541) 475-2220

Listing agent

— 242 SW 4th St #E —

  • Richard Allen

    Willow Canyon Group

    541-475-2220

Get Pre-Approved Today

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 242 SW 4th St #E

School District:Jefferson County School District 509j
NameGradesDistance
Madras Elementary School
215 Southeast 10th Street, Madras, OR 97741
K-50.3 mi
Jefferson County Middle School
1180 Southeast Kemper Way, Madras, OR 97741
6-81.3 mi
Madras High School
390 Southeast 10th Street, Madras, OR 97741
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 242 SW 4th St #E

Date
Details
Price
Change
Source
3/31/2026
Sold
$540,000
—
MLS
2/14/2026
Listed
$540,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Willow Canyon Group (541) 475-2220, Richard Allen (541) 475-2220

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242 SW 4th Street #E, Madras, OR 97741 (MLS# 220215411) is a Commercial Service property that was sold at $540,000 on March 31, 2026. Want to learn more about 242 SW 4th Street #E? Do you have questions about finding other Commercial Service real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.