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Madras Commercial Building 15 NE 7th St 1,000 SF Office Building Madras, OR 97741 $326,648 CAD ($326.65 CAD/SF)



INVESTMENT HIGHLIGHTS
- Great Location
- Convert to Live/Work Investment
- Upside Potential
EXECUTIVE SUMMARY
Small well located, commercial building on a corner lot across from a large Community Park. Great upside potential to located a business or convert to residential usage or create a live/work investment. Check with City Planning and urban renewal benefits codes. Potential to add some murals, custom painting, windows, awnings to update the look. Only 2 blocks and walking distance to main street. 4 offices, large reception area and storage room. Ample gravel parking and all ADA sidewalk improvements completed. Low property taxes, all City services and newer plank flooring.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,000 SF
Year Built
1978
Price
$326,648 CAD
Price Per SF
$326.65 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,000 SF
Building FAR
0.19
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial zoned with potential for residential or live/work investment.
AMENITIES
- Security System
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
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Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (84)
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VIDEOS
MATTERPORT 3D EXTERIOR
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Madras Commercial Building | 15 NE 7th St
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