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Office Suite with Private Offices
For Lease
$750/Mo CAM $210 /USD/MO

242 SW 4th Street #E, Madras, OR 97741

Three private offices, a conference room, and dedicated IT space provide a defined layout for professional operations.

Space SizeContact for details
Property Size800 SF
Days on Market20

Property Features for 242 SW 4th Street #E

General Information

Standard status Active
Size 800 SF
Zoning C2

Space & Availability

Space Use Office
Private Offices 3
Meeting Rooms 1

Lease Terms

Lease Rate $750 /MO
Monthly Rent $750
CAM $210 /MO

Taxes and HOA fees

Annual Taxes $6,571

Amenities

private restroom
ADA access
street level off street parking

Building Details

Building Size 800 SF
Year Built 1979
Stories 1
Units 5
Tenancy Multi
Listing Agency: Willow Canyon Group
Listed By: Richard Allen · License #200604216
Source: Desertskyrealestate
Added: Oct 5 Changed: Oct 23 Last Checked: Oct 23 at 4:05PM

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

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Investment Insights

Based on property information with market context.

This office suite includes three private offices, a conference room, an IT room, and a private restroom. The street-level space has ADA access and air conditioning. The building dates to 1979, and zoning is C2. The property is offered for lease.

Located in downtown Madras at 242 SW 4th Street, the suite is across from Black Bear Diner. Off-street parking is available. The stated use prospects include professional, medical, and counseling businesses, as well as CPA and legal practices; general retail is not permitted.

Key Highlights

  • Three private offices, a conference room, and an IT room
  • Private restroom and air‑conditioned space
  • Street‑level suite with ADA access

Property Analytics

Current Use

Office Units

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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

639
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

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

Frequently Asked Questions

What type of property is this?
Office unit - Three private offices, a conference room, and dedicated IT space provide a defined layout for professional operations.
Where is this office unit located?
The property is located at 242 SW 4th Street #E Madras, OR.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: Three private offices, a conference room, and an IT room; Private restroom and air‑conditioned space; Street‑level suite with ADA access
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