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268 N 5th St 6,524 SF Retail Building Madras, OR 97741 $3,489,800 CAD ($534.92 CAD/SF)
INVESTMENT HIGHLIGHTS
- This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass.
- Rental house on the lot as well.
- Busy 76 station, currently leased
EXECUTIVE SUMMARY
This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass. Easy traffic flows. The fueling station is leased for nine more years and was built in 1999 with 10 fueling stations. The convenience store is a perfect size with two built-in walk-in coolers and a deli. There is a busy pub with lottery machines in the back of the store. The convenience store has been in continuous operation since 1968! Across the street is one of the busiest McDonald's in all of the Northwest. The business opportunity and all of the fixtures are included in the sales price. The inventory is to be purchased outside of closing. This is a turn-key operation ready for a new owner. Small rental house is also included. This lot is three tax lots totalling 53,143 square feet. There is room for more retail growth.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,524 SF
Building Class
C
Year Built
1981
Price
$3,489,800 CAD
Price Per SF
$534.92 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.22 AC
Zoning
C-1 - Highway commercial
AMENITIES
- 24 Hour Access
- Corner Lot
- Signage
- Air Conditioning
- Fiber Optic Internet
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 111302-DA-02600 | Total Assessment | $541,143 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$6,524 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
111302-DA-02600
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$541,143 CAD
Annual Taxes
-$6,524 CAD (-$1.00 CAD/SF)
Tax Year
2025 Payable 2025
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268 N 5th St
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