249 Se 5th Street, Madras

$275,000

0 Beds
0 Baths
6,160 Sqft
.11 Acres
0 Garages

The Madras downtown commercial mixed use property located on the busy one way north bound Hwy 97/26, corner property with unlimited street parking. With over 6,000 sq. ft. that includes 2 commercial spaces currently rented to one tenant and separate attached 2 bedroom and 1 bath apartment. Large basement for storage, prep area or washer/dryers. Opportunity for increased rents in the future. Owner will consider a contract with a qualified buyer, $75,000 Down Payment, 5% interest rate, 20 years amortization, 10 year note. Located in Opportunity Zone and Madras Urban Renewal District with faade improvement programs available.

Essential Information
MLS® #201909272
Price$275,000
Square Footage6,160
Acres0.11
Year Built1949
TypeCommercial Building
Sub-TypeMixed Use
StatusActive
Community Information
Address249 Se 5th Street
AreaJefferson County
SubdivisionPalmain
CityMadras
CountyJefferson
StateOR
Zip Code97741
SectionSE
Amenities
Parking Spaces10
ParkingOn Street Parking
ViewCity
Interior
Interior FeaturesKitchen
Has BasementYes
Heating

Forced Air, Heat Pump, Natural Gas, Zoned Heating

Exterior
RoofMembrane
ConstructionBrick
FoundationBasement, Stemwall
Additional Information
Date ListedSeptember 26th, 2019
Days on Market26
Listing Details
OfficeWillow Canyon Group

Properties for Sale Similar to 249 Se 5th Street, Madras, OR

Photo of Listing #201905191

701 703 Nw Wescott Street, Madras

$299,900 - 3,600 Sf

MLS® # 201905191

Coldwell Banker Dick DodsonCentral Oregon Association of Realtors Logo

The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real Estate listings held by Brokerages other than Berkshire Hathaway HomeServices Northwest Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).

This content last updated on October 23rd, 2019 at 3:29am PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit nor redistribute any of the content from this website. The consumer is reminded that all listing content provided by automatic transmission by MLSCO is © MLS of Central Oregon (MLSCO).