North Highway 97 - Commercial LAND FOR SALE


Madras, OR 97741 417,740 SF
$899,000 USD
541-480-6130
North Highway 97, Madras, OR for Sale
$899,000 USD
Commercial LAND - FOR SALE
1/14
417,740 SF

North Highway 97
Madras, OR 97741


HIGHLIGHTS

  • 680" of Highway #97 Frontage...Commercial Zoned
  • ODOT has plans for major highway improvement soon!!
  • Great Mixed Use Project with several Buyers looking for smaller parcels when developed

OVERVIEW

Large commercial parcel located in North Madras where Highway #26 and Highway #97 converge at the “Gateway to Central Oregon” from Portland. This parcel will be a great opportunity for a mixed use development project with excellent highway exposure with ODOT Highway access in a key commercial area in Madras. A new City Transportation Master Plan has been approve by ODOT with plans for two highway access points. There are plans for ODOT to widen Highway 97, install curbs, side walks and upgrade some utilities over the next couple of years. This may result in substantial savings for a developer. The City of Madras also has Urban Renewal Funds to assist with development. It is zoned C1 with flexibility for many commercial & residential uses with a new Master Plan. Call Gary Everett for more information and development ideas. There are potential buyers for building sites created from this project. Now available: Level One Environment Report, Soils Report, Survey and Title Report.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/ACRE

$93,744/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Madras Highway #97 Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Mixed Use, Auto Dealership, Master Planned Community, Motel, Strip Center, Supermarket

LAND ACRES

9.59 AC

LAND SF

417,740 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Cable, Telephone

ZONING

C1

APN/PARCEL ID

-

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 Policy.