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1036 Hwy 97

Madras, OR 97741
  • $325,000
  • STATUS: Closed
  • ON SITE: 723 Days
  • MLS #: 220163145
Sold - 04/26/2024
$325,000
SOLD - 04/26/2024
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,840
    SQFT
  • $0
    $/SQFT
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Listing provided courtesy of Signet Realty :.

Description

Multi income commercial & residential building now offered with the ability to have up to 4+ different income avenues. Do not let this opportunity to own this commercial property pass you by! Located on Hwy 97 - this site will have thousands per week drive by - the major Hwy from Portland to Central Oregon. Both top floor commercial units are leased with great tenants and the opportunity to create multi units apartments in the lower level or more office/retail space. Seller may have the option to carry with approximately 20% down for up to 7 years. Possible local grant for remodel of lower level available. Please call for details and your personal showing.

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2025 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty. Data last updated: .2025-04-23T23:43:51.677
www.createalegacy.estate/homes/139109209
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1036 Hwy 97 Madras, OR 97741

  • Price: $400,000
  • Status: Closed
  • On Site: 723 Days
  • MLS #: 220163145
0
Beds
0
Baths
0
½ Baths
0.26
Acres
3,840
SQFT
$0
$/SQFT
1960
Built
County:
Jefferson
Area:
Madras
Property Description
Multi income commercial & residential building now offered with the ability to have up to 4+ different income avenues. Do not let this opportunity to own this commercial property pass you by! Located on Hwy 97 - this site will have thousands per week drive by - the major Hwy from Portland to Central Oregon. Both top floor commercial units are leased with great tenants and the opportunity to create multi units apartments in the lower level or more office/retail space. Seller may have the option to carry with approximately 20% down for up to 7 years. Possible local grant for remodel of lower level available. Please call for details and your personal showing.
Exterior Features

Attached Garage YN No Body Type [] Construction Materials BlockConcreteFrame Exterior Features [] Foundation Details Slab Lot Features LandscapedSprinkler Timer(s) Parking Features Alley Access Roof Metal Window Features []

Interior Features

Basement FullUnfinished Cooling Central Air Cooling YN Yes Flooring LaminateVinyl Heating Natural Gas Heating YN Yes Interior Features [] Levels Two Unit1 Square Footage 900 Unit2 Square Footage 1000

Property Features

Additional Parcels YN No Building Area Total 3840 CCRs YN No Common Walls 2+ Common Walls Flood NA Yes Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 3 Other Structures [] Owner Pays [] Road Frontage Type [] Road Surface Type [] Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 3980.3 Tax Year 2022 Tenant Pays ElectricityExterior MaintenanceGasInsuranceInterior MaintenanceSewerTaxesWater Unit1 Monthly Rent 1150 Unit1 Status Leased Unit2 Monthly Rent 1300 Unit2 Status Leased Unit3 Status Vacant Unit4 Status Vacant View City Water Source Public Waterfront Features [] Zoning Description C1

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of Signet Realty :.

Central Oregon Association of Realtors logo © 2025 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty. Data last updated: .2025-04-23T23:43:51.677
 
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Schaake Capital Group | Cascade Hasson Sotheby's International Realty
650 SW Bond St, Ste. 100
Bend OR, 97702
Listing provided courtesy of Signet Realty :.