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    35 A St Madras, OR 97741

    For Lease
    $12 SF/Yr ($5,000 /Mo)

    High-traffic retail space, Oregon.

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 5,000 square foot retail property in Madras, Oregon, offers a prime opportunity for businesses seeking high visibility and convenient access. Located at 35 NW A St, 97741, this multi-tenant building boasts 3,500 square feet of vacant space, ideal for a variety of retail uses. The space includes approximately 2,900 square feet of front retail floor space with a built-in office and restroom. An additional 600 square feet of shop service area is also available, with options for lease terms open to discussion with the owner. The building enjoys a highly visible corner location at the junction of Highways 97 and 26, ensuring excellent exposure to both northbound and southbound traffic. An established machine shop occupies the remainder of the building, separated by dividing walls. The property includes several desirable features such as on-site parking, additional street parking, an alarm system, a security camera system, and a hardline phone system. Utilities are included in the lease. The owner is open to discussing various rental options and welcomes proposals for new businesses. Some restrictions may apply. This location is particularly well-suited for businesses such as ATV/Motorcycle or hardware stores.

    Property Features for 35 A St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Total Rate
    5000

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,500 SF
    Rate per SF
    $12
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.13022456437
    Latitude
    44.637088185063

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    Nearby Similar for Lease

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      Retail Space in Madras, Oregon

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, Oregon.
    Where is this retail property located?
    The property is located at 35 A St Madras, OR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    35 A St Madras, OR 97741
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    Madras, OR 97741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35 A St Madras, OR 97741
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