268 N 5th St - Convenience Store FOR SALE


Madras, OR 97741
$2,700,000 USD
541-420-9000
268 N 5th St, Madras, OR for Sale
$2,700,000 USD
Convenience Store - FOR SALE
1/1
null | Request Cap Rate

268 N 5th St
Madras, OR 97741


HIGHLIGHTS

  • This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass.
  • Busy 76 station, currently leased
  • Rental house on the lot as well.

OVERVIEW

This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass. Easy traffic flows. The fueling station is leased for nine more years and was built in 1999 with 10 fueling stations. The convenience store is a perfect size with two built-in walk-in coolers and a deli. There is a busy pub with lottery machines in the back of the store. The convenience store has been in continuous operation since 1968! Across the street is one of the busiest McDonald's in all of the Northwest. The business opportunity and all of the fixtures are included in the sales price. The inventory is to be purchased outside of closing. This is a turn-key operation ready for a new owner. Small rental house is also included. This lot is three tax lots totalling 53,143 square feet. There is room for more retail growth.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Bar, Service Station, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

C-1

APN/PARCEL ID

111302-DA-02600

ASK ABOUT THIS PROPERTY

Michael AhernEXP REALTY LLCMore Info
541-420-9000

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Michael AhernEXP REALTY LLCMore Info
541-420-9000

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