15 NE 7th St - Office FOR SALE


Madras, OR 97741
$235,000 USD
541-480-6130
15 NE 7th St, Madras, OR for Sale
$235,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

Nov '26


15 NE 7th St
Madras, OR 97741


HIGHLIGHTS

  • Great Location
  • Upside Potential
  • Convert to Live/Work Investment

OVERVIEW

Small well located, commercial building on a corner lot across from a large Community Park. Great upside potential to located a business or convert to residential usage or create a live/work investment. Check with City Planning and urban renewal benefits codes. Potential to add some murals, custom painting, windows, awnings to update the look. Only 2 blocks and walking distance to main street. 4 offices, large reception area and storage room. Ample gravel parking and all ADA sidewalk improvements completed. Low property taxes, all City services and newer plank flooring.

FOR SALE DETAILS

PRICE

$235,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Madras Commercial Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C2

APN/PARCEL ID

111301-CC-06800

ASK ABOUT THIS PROPERTY

Gary EverettRE/MAX Key PropertiesMore Info
541-480-6130

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Gary EverettRE/MAX Key PropertiesMore Info
541-480-6130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.