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Madras
$529,000
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- Lot size
- 2.94 acres
- Property type
- Land
- Days on market
- 71
Overview
Exceptional commercial development opportunity in Madras! This level 2.94-acre corner parcel offers outstanding visibility with frontage along HWY 97, Chestnut St, and NE 10th St. Public utilities are available at the street and the high-traffic location is close to other established businesses, shopping, and services. Seller's proposed storage facility plans are available upon an accepted offer. Buyer to perform their own due diligence with the City of Madras regarding permitted uses and development requirements. Owner will carry with a substantial down payment. Imagine the potential for your commercial business! One of the listing agents is related to the seller, part owner, and a licensed broker in the state of Oregon
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 2.94 acres
- Lot features
- Corner Lot, Public Road
- View
- Yes
- View description
- City, Territorial
Location
- City
- Madras
- County
- Jefferson
- Zoning
- C1
Taxes and dues
- Annual taxes
- $2,259 (2025)
Location
NE Chestnut St, Madras, OR 97741
Monthly payment estimate
$3,004 /mo
- Principal and interest
- $2,816
- Property tax (2025)
- $188
- Total
- $3,004
Estimate only, and not an offer of credit. Assumes 20% down ($105,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
