646 SW 5th St - Storefront FOR SALE


Madras, OR 97741
$1,200,000 USD
541-815-4140
646 SW 5th St, Madras, OR for Sale
$1,200,000 USD
Storefront - FOR SALE
1/8
null | 6.5% Cap Rate

646 SW 5th St
Madras, OR 97741


HIGHLIGHTS

  • Retail strip, main road, centrally located in Downtown Madras.
  • Total acreage is .49 AC.
  • Great frontage and signage on 5th.

OVERVIEW

Single Tenant. Absolute net lease with a 6.5% Cap Rate. Established Auto Parts tenant with great frontage and signage on 5th street in Madras. Adjacent .35 Acre lot (TL 111311DA08700) is included, total land .49 Acres.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NAPA Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C3

APN/PARCEL ID

TL 111311DA08600,TL 111311DA08700

ASK ABOUT THIS PROPERTY

Bill PonColdwell Banker Commercial RealtyMore Info
541-815-4140

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Bill PonColdwell Banker Commercial RealtyMore Info
541-815-4140

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