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Standalone Bank Building

14 Southwest E Street, Madras, OR 97741

For Sale
$1,625,000

A former bank occupies a standalone site along downtown Madras’s main commercial corridor.

Property Size29,621 SF
Price / SF$54.86
Days on Market19

Property Features for 14 Southwest E Street

General Information

Standard status Active
Size 29,621 SF
Property subtype Retail
Listing Agency: CBRE | Portland
Listed By: Taki Chalkiopoulos
Source: Cbre
Added: Oct 20 Changed: Nov 6 Last Checked: Nov 6 at 2:03PM

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 CBRE | Portland

Rey
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Investment Insights

Based on property information with market context.

This standalone property previously operated as a bank. It sits in downtown Madras along the city’s primary commercial corridor, at 14 Southwest E Street.

Key Highlights

  • Former standalone bank location
  • At 14 Southwest E Street in downtown Madras
  • Positioned along the city's primary commercial corridor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Banks

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store HVAC Service (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.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Bank - A former bank occupies a standalone site along downtown Madras’s main commercial corridor.
Where is this bank located?
The property is located at 14 Southwest E Street Madras, OR.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Former standalone bank location; At 14 Southwest E Street in downtown Madras; Positioned along the city's primary commercial corridor
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