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15 NE 7th Street

Madras, OR 97741
  • $262,500
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 220190737
UPDATED: 51 min ago
$262,500
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1978
County:
Area:

School Ratings & Info

Listing provided courtesy of Tim Davis Group Central Oregon :.

Description

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 opportunities 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.

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ninebark Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ninebark Real Estate. Data last updated: .2024-12-02T17:43:51.257
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15 NE 7th Street Madras, OR 97741

  • Price: $262,500
  • Status: Active
  • On Site: 60 Days
  • Updated: 51 min ago
  • MLS #: 220190737
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1978
Built
Neighborhood:
Palmain
County:
Jefferson
Area:
Madras
Property Description
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 opportunities 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.
Exterior Features

Attached Garage YN No Body Type [] Construction Materials Frame Exterior Features [] Foundation Details Slab Lot Features [] Parking Features Parking Lot Roof Composition Window Features []

Interior Features

Basement [] Cooling Heat Pump Cooling YN Yes Flooring CarpetVinyl Heating Heat Pump Heating YN Yes Interior Features [] Levels One Unit1 Square Footage 1000

Property Features

Additional Parcels YN No Building Area Total 1000 CCRs YN Yes Common Walls No Common WallsNo One AboveNo One Below Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 4 Other Structures [] Owner Pays [] Road Frontage Type [] Road Surface Type [] Security Features Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 1657.45 Tax Year 2024 Tenant Pays [] Unit1 Monthly Rent 1200 Unit1 Status Leased View Park/Greenbelt Water Source Public Waterfront Features [] Zoning Description C2

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Tim Davis Group Central Oregon :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ninebark Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ninebark Real Estate. Data last updated: .2024-12-02T17:43:51.257
 
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Ninebark Real Estate
20415 Whistle Punk Rd.
Bend OR, 97702
Listing provided courtesy of Tim Davis Group Central Oregon :.