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14 N 5th St - 14 NW 5th St

1.36 Acres of Commercial Land Offered at $1,250,000 in Madras, OR 97741

Investment Highlights

  • High traffic commercial corner in Madras
  • Approved masterplan allows for two drive-throughs
  • Level ground ready for development with utilities in the street

Executive Summary

High Traffic Commercial Property in Madras Looking for a prime commercial property in Madras, Oregon? Look no further! Located at 14 NW 5th Street, this 1.36-acre lot is situated at one of the city's highest traffic intersections. With over 20,000 vehicles passing by each day, this property offers incredible visibility and accessibility for businesses of all kinds. Madras is a vibrant city known for its welcoming culture and business-friendly environment. Situated on Oregon's second most traveled north-south highway, it attracts both locals and visitors alike. Surrounding amenities include major retailers, banks, schools, and government agencies, making it a highly desirable location for commercial ventures. The property has a Downtown Commercial zoning, allowing for a wide range of uses including restaurants, convenience stores, and retail businesses. With services and utilities readily available, multiple access points, and a level topography, the development potential is vast. Invest in this prime location and become a focal point for businesses, residents, tourists, and employees alike. Don't miss out on this exceptional opportunity to make your mark in Madras. Contact us today to learn more about this incredible commercial property at 14 NW 5th Street!

Property Facts

Price $1,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Convenience Store
  • Fast Food
Total Lot Size 1.36 AC

1 Lot Available

Lot 111302DD01

Price $1,250,000
Price Per AC $919,118
Lot Size 1.36 AC

Prime location with high traffic and visibility in the heart of Madras. This level property has public utilities in the street and is ready for development.

Description

Located at 14 NW 5th Street, this 1.36-acre lot is situated at one of the city's highest traffic intersections. With over 20,000 vehicles passing by each day, this property offers incredible visibility and accessibility for businesses of all kinds. Madras is a vibrant city known for its welcoming culture and business-friendly environment. Situated on Oregon's second most traveled north-south highway, it attracts both locals and visitors alike. Surrounding amenities include major retailers, banks, schools, and government agencies, making it a highly desirable location for commercial ventures. The property has a Downtown Commercial zoning, allowing for a wide range of uses including restaurants, convenience stores, and retail businesses. With services and utilities readily available, multiple access points, and a level topography, the development potential is vast. Invest in this prime location and become a focal point for businesses, residents, tourists, and employees alike.

Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
111302-DD-01700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$341,840

zoning

Zoning Code C2 (Allows for a variety of commercial uses. A masterplan was approved by the city that allows for two drive-throughs.)
C2 (Allows for a variety of commercial uses. A masterplan was approved by the city that allows for two drive-throughs.)
  • Listing ID: 30606118

  • Date on Market: 1/8/2024

  • Last Updated:

  • Address: 14 N 5th St, Madras, OR 97741

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