Commercial Land with Retail
For Sale
Contact for pricing
Pending
481 SW 5th St, Madras, OR 97741
Ten tax lots with an operating market and laundry fronting 4th and 5th streets.
Property SizeContact for details
Lot Size1.84 Acres
Days on Market124
Property Features for 481 SW 5th St
General Information
Standard status
Pending
Lot size
1.84 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Listing Agency:
Dick Dodson Realty
Listed By:
Michael Ahern · License #OR 200202246
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 2:38PM
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 Dick Dodson Realty
Investment Insights
Based on property information with market context.
This offering consists of approximately 80,000 square feet of commercial land in 10 tax lots, sold as-is. The property includes an operating Busy Bee Market and laundry, along with a rental home. Public remarks also indicate that at least 40,000 square feet is flat and ready for development, with reference to Madras Store.
The land is described as being located on both sides of 4th and 5th streets, noted in the remarks as the main highway through town. The current operation is reported to have generated sales over $3,200,000 in 2021, with 2022 described as expected to be better yet.
Buyers should review the stated development-ready area and the existing improvements included with the sale, as this is a land and business investment opportunity marketed for buyers who want to proceed with confirmed conditions and configuration.
The land is described as being located on both sides of 4th and 5th streets, noted in the remarks as the main highway through town. The current operation is reported to have generated sales over $3,200,000 in 2021, with 2022 described as expected to be better yet.
Buyers should review the stated development-ready area and the existing improvements included with the sale, as this is a land and business investment opportunity marketed for buyers who want to proceed with confirmed conditions and configuration.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
599
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 Retail in West region
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Frequently Asked Questions
What type of property is this?
Commercial land - Ten tax lots with an operating market and laundry fronting 4th and 5th streets.
Where is this commercial land located?
The property is located at 481 SW 5th St Madras, OR.
