992 SW Highway 97 - Service Station FOR SALE


Madras, OR 97741
$3,400,000 USD
541-420-9000
992 SW Highway 97, Madras, OR for Sale
$3,400,000 USD
Service Station - FOR SALE
1/28
null | 4% Cap Rate

992 SW Highway 97
Madras, OR 97741


OVERVIEW

Classic truck stop, convenience store, and cozy restaurant on Highway 97 ready for a new owner/operator. Over 20,000 cars and trucks pass by daily. Loyal customers have supported the restaurant for decades. Lesed automotive shop is included in the sale. Highway 97 is a major trucking route and Madras is a perfect stop.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$1,357 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Madras Oregon Truck Stop

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

C1

APN/PARCEL ID

111311-DD-07300

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.