Building Details

Year Built 1956

Stories 1

Units 5

Listing Agency: Willow Canyon Group Show Phone

Listed By: Richard Allen · License #200604216 Show Phone

Source: Allprofessionalsre

Added: Nov 11, 2022 Changed: Aug 13 Last Checked: Aug 19 at 2:37PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Willow Canyon Group

Investment Insights

Based on property information with market context.

This office property at 85 S 5th Street provides a compact professional setting within a five-suite office layout. Two suites remain available, with shared access to a kitchenette, restrooms, and a waiting area. Electricity, heat, water, sewer, garbage, and Wi-Fi are included with the office space.

Built in 1956 and zoned C2, the property supports a range of professional office uses, including accounting, legal, bookkeeping, nonprofit, and home-based businesses seeking a separate address. Flexible terms are available without a requirement for long leases.

Key Highlights

• Five‑suite office layout with 2 spaces remaining
• Electricity, heat, water, sewer, garbage, and Wi‑Fi included
• Shared kitchenette, restrooms, and waiting area

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

615

Businesses Nearby

Explore this area Business Placement

Demographics for 97741, OR

13,753

Population

4,777

Households

2.9

Avg Household Size

39

Median Age

21%

College-Educated

86%

High-School Grad

363.9 sq mi

ZIP Area

38

Density / Sq Mi

$69,696

Median Household Income

$37,641

Median Earnings

$993

Median Rent

$308,900

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office units - C2-zoned office space offers shared amenities, included utilities, Wi-Fi, and flexible lease terms.

Where is this office units located?

The property is located at 85 S 5th Street Madras, OR.

What is the lease rate?

The lease rate is $395/Mo.

What are key features of this property?

This property features: Five‑suite office layout with 2 spaces remaining; Electricity, heat, water, sewer, garbage, and Wi‑Fi included; Shared kitchenette, restrooms, and waiting area