43 NW Cherry, Madras, OR 97741

43 NW Cherry $1,200,000

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    43 NW Cherry Madras, OR 97741

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    $1,200,000

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    • 10,000 sq.ft.
    • 3.24 Acres
    • Commercial
    • MLS# 201910504
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    Views: 31 Days On Market: 64

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    Property Details

    This Industrial Flex Building built in 2003 on 3.24 acres fronting US Hwy 26 and NE Cherry Lane, near the Madras Airport, Bright Wood, Erickson, Daimler and other industrial users. Property is zoned C-1, no CCR's to restrain your project. The building is fully sprinkled, 100% leased and has been for many years with heavy demand for additional space. Located in the Opportunity Zone and the Madras Enterprise Zone. Master plan for 4 buildings with a total of 40,000 sq. ft., current building is 10,000 sq. ft. with roll up doors, high ceilings, plenty of power to the site and natural gas. Mountain Views, easy access Hwy 26, airport, services, visibility with monument sign and fully landscaped property. Owner will carry a contract on approved buyer, $350,000 down payment required, contract on balance, easy terms. Listing Broker Rick Allen and Willow Canyon Group is 50% owner of this property.

    • General Features
      • Type Industrial, Warehouse
      • View Cascade Mountain, Terrain, Mountain Other
      • Year Built 2003
      • Property Type Commercial Building
      • Tax Year 2018
      • Terms OWC, Cash
      • New Construction No
      • Acres 3.24
      • Addition M&BJC
      • Property Subtype Industrial
      • County Jefferson
      • Listing Courtesy of Willow Canyon Group
      • Subdivision M&BJC
    • Building Features
      • No. of Floors 1
      • Water City
      • Construction Steel
      • Foundation Slab
      • Floors Slab
      • Exterior Sprinkler System, Sprinkler Timer(s), Landscaped
      • Roof Metal
      • Interior Fire Sprinklers, Handicap Equipped
      • Heat/Cool Natural Gas, Ceiling
      • Unit 4 SQ FT 1800.00
      • Unit 3 SQ FT 1800.00
      • Unit 3 Rent 0.00
      • Unit 4 Rent 0.00
      • Unit 1 SQ FT 1400.00
      • Unit 1 Rent 0.00
      • Unit 2 Rent 0.00
      • Unit 2 SQ FT 1800.00
    • Property Features
      • Backup Parking Available No
      • No. of Parking Spaces 25
      • Sewer Septic City Sewer
      • Lot Size: Square Feet 141134.00
      • Parking Yes
      • Water District Deschutesv

    Contact

    Patty Cordoni

    Principal Broker

    Sisters Office

    Cell: 541-771-0931

    Neighborhood

    97741 (Madras) Demographics

    37 Median Age
    34 Population Density (per sq. mile)
    25% College Educated
    $42,909 Estimated Median Income
    2,440 Estimated Total Home Owners
    1,551 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    12,009 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $232,950 Median Sales Price
    14 Homes Sold
    14 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,200,000
        11/20/2019 6:04:00 PM New in Database Source

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