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Commercial Land with Building
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Pending

40 NW 4th Street, Madras, OR 97741

C2-zoned commercial land includes a finished building adaptable to showroom, office, convenience, and food service uses.

Property SizeContact for details
Days on Market130

Property Features for 40 NW 4th Street

General Information

Standard status Pending
Property subtype Office, Retail
Listing Agency: Aligned Commercial Real Estate
Listed By: Karen Koppel, CCIM · License #OR 201215946
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 11:31AM

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 Aligned Commercial Real Estate

Investment Insights

Based on property information with market context.

This C2-zoned commercial land property includes a nicely finished 2,500-square-foot building on two tax lots. The existing structure can accommodate showroom, office, convenience store, and food and beverage service functions. The site contains 0.64 acres, providing room for substantial on-site parking or future redevelopment, subject to applicable approvals.

Located at 40 NW 4th Street in Madras, the property fronts Highway 97 and includes an existing highway sign. Approximately 1500 vehicles per day travel past the intersection, providing exposure to passing traffic. The C2 commercial designation supports a variety of potential uses, while the current improvements offer an immediate physical starting point for an owner-user or redevelopment plan.

Key Highlights

  • 0.64 acres across two tax lots
  • 2,500‑square‑foot finished building
  • C2 commercial zoning allows a variety of uses

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

615
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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - C2-zoned commercial land includes a finished building adaptable to showroom, office, convenience, and food service uses.
Where is this commercial land located?
The property is located at 40 NW 4th Street Madras, OR.
What are key features of this property?
This property features: 0.64 acres across two tax lots; 2,500‑square‑foot finished building; C2 commercial zoning allows a variety of uses
(541) 678-2924 Call to check price and availability
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