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$255,000
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Property Description
Commercial building with large parking lot excellently located on Northbound Hwy 97 in Madras, visible to thousands per week. This office/retail building has a greeting area, 2 separate office spaces, a meeting room, a large shared office space and a storage room. Large windows facing the Hwy give opportunity for a business to be very visible to passers by. Zoned Community Commercial (C3) buyer to do own due diligence with the City of Madras for possible uses. Located near site of new brew pub coming to Madras. On street parking as well as plenty of parking in the large paved lot.
Full Property Details
Full Property Details for 715 S 5th St
General
- Sold For: $255,000
- Taxes: $2,469 (2022)
- Status: Closed
- Type: Commercial
- Source: ODS
- MLS ID: 220163572
- Added to Site: 998 day(s) ago
Interior
- Interior Features: Laminate Counters, Smart Thermostat, Wired for Data
- Flooring: Carpet, Concrete, Laminate
Parking
- Total Spaces: 8
- Parking: Alley Access, Asphalt, No Garage, On Street, Parking Lot
Location
- Area: 1511
- County: Jefferson
- Subdivision: Wistful Vista
- Cross Streets: I St
- Driving Directions: North on 5th Street (HWY 97) to the corner of 5th and I Street.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
Structural Information
- Construction: Block, Concrete
- Basement Desc.: None
- Foundation: Slab
- Roof: Membrane
- Common Walls: No Common Walls
- Windows: Aluminum Frames
- Square Feet: 1,511
- Sq. Ft. Source: Assessor
- Year Built: 1950
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: City
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Lot Dimensions: 7400
- Street/Road Desc.: Paved
- Lot Features: Corner Lot
- Zoning: C3
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $168
- Tax Amount: $2,469.44
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Exclusions: Madras Mural, All personal property, office furniture, supplies, unattached cabinets, CLA for more info.
- APN: 10195
- Section: Not Applicable
Listed by Midland Realty (541) 475-6161, Brian Gallagher (541) 815-3069
Sold by Dreams Realty Group, LLC (541) 475-3030, Jennifer Lynn Holcomb
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Schools
Schools serving 715 S 5th St
School District:Jefferson County School District 509j
| Name | Grades | Distance |
|---|---|---|
Madras High School 390 Southeast 10th Street, Madras, OR 97741 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 715 S 5th St
Date
Details
Price
Change
Source
6/30/2023
Sold
$255,000
—
MLS
5/08/2023
Listed
$255,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
715 S 5th Street, Madras, OR 97741 (MLS# 220163572) is a Commercial property that was sold at $255,000 on June 30, 2023. Want to learn more about 715 S 5th Street? Do you have questions about finding other Commercial real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.

