500 NW Cherry Ln - Industrial FOR SALE


Madras, OR 97741
$2,100,000 USD
541-480-5756
500 NW Cherry Ln, Madras, OR for Sale
$2,100,000 USD
Industrial - FOR SALE
1/33
null | Request Cap Rate

NEW


500 NW Cherry Ln
Madras, OR 97741


OVERVIEW

Modern Industrial/Ag buildings. 16400 square foot building includes multiple offices, conference room, reception and two +/- 4800 square foot industrial suites. Also includes some second floor semi-finished storage areas. 5 large grade level roll up doors. Additional scale and scale house and large outdoor storage building (no heat) plastic skin metal frame concrete bunks. Was formerly a fertilizer distribution center, could have many uses going forward. In the Airport Development zone, allowing many agricultural and industrial uses. Owner leases adjacent property from City of Madras for rail spur access and additional yard area. New owner can negotiate similar lease| with the City if desired.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.04

LAND SF

219,542

ZONING

AD - Airport Development

APN/PARCEL ID

13249

ASK ABOUT THIS PROPERTY

Dan SteelhammerRE/MAX Key PropertiesMore Info
541-480-5756

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Dan SteelhammerRE/MAX Key PropertiesMore Info
541-480-5756

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