Active
780 SW 4th Street
Madras OR, 97741
$950,000/month
$351.85 per sqft
Active
2,700 sqft
Commercial
Built in 1950
Courtesy of Coldwell Banker Sun Country, Michael Boynton
Great business and commercial real estate investment opportunity. Excellent highway frontage location. Large corner lot. Over 10,000 cars pass by daily. Central Organics cannabis dispensary has been owner-operated for 8 years and continues to thrive and produce steady revenue. The business is fully staffed and turn key, ready to continue operating. Central Organics has a great local customer base and boasts a large parking lot as well as an outdoor stage for hosting events. Inside you will find a friendly staff and the largest sales floor that the Madras cannabis scene has to offer. The commercial real estate is a great investment opportunity as well. It is 0.80 acres and has potential development opportunity with the new zoning ordinance that passed in Madras in Summer of 2022. Buyer to do own due diligence on zoning requirements. Seller is a licensed Oregon broker.
220169814
MLSⓇ ID
August 16, 2023
Listed
May 9, 2024
Updated
Map
780 SW 4th Street
Madras OR, 97741
Interior Features
Total Stories
1
Interior Features
Laminate Counters, Vaulted Ceiling(s), None
Floor Description
Concrete, Laminate
Fireplace
Yes
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.8 Acres
Exterior Features
Deck, No Common Walls, Frame
Lot Features
Corner Lot, Fenced, Landscaped, Sloped, Xeriscape Landscape
Roof
Metal
Sewer
Public Sewer
School Information
School District
Square Feet
Other Property Details
Taxes
$3,482
Tax Frequency
Annually
Days on Market
209
Garage
No
Parking
Alley Access, Gravel, Parking Lot, RV Access/Parking
Parking Total
30
View
No
County
Jefferson
Municipality
1
Water Source
Public
Pool
No
Zoning
C3
Green Building Features
Green Features
Public Utilities
Listing History
Date | Event | Price |
---|---|---|
3/12/2024 | Price Change | $950,000 -21% |
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Data last updated 2:08 PM UTC, 5/9/2024