Listing Courtesy of: J. Tim Davis - Tim Davis Group Central Oregon
541-548-2400
$262,500
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15 NE 7th Street Madras, OR 97741
General Commercial
Residence
Beds
Baths
1,000
Sq. Ft.
0.12
Acre
Lot
Property Activity
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Many possibilities for this C2-zoned property in central Madras conveniently located across from a community park while only two blocks from main street. The mixed-use zoning allows for a live/work opportunity while being in the urban renewal district enhances potential renovation/restoration opport...unities with the city. Per city discussions, the property has potential for conversion into residential use following city codes - buyer to confirm. The 1,000sqft. building is on a corner lot with its own parking area. Subject to tenant lease. Seller has the right to do a 1031 tax-deferred exchange at no cost to the buyer.
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MLS#
220190737
Property Type
General Commercial
Year Built
1978
Square Feet
1,000
sq. ft
Lot Size
0.12
Stories
1.0
Sewer
Public Sewer
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