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About This Home

This 0-bedroom, 0-bathroom commercial at 500 NW Cherry Lane in Madras, OR is listed for $2,100,000 ($700 per sqft). Built in 2019, the home offers 3,000 sqft of living space on a 5.04 acres lot.

Agent Description

Modern Industrial/Ag buildings. 16400 square foot building includes multiple offices, conference room, reception and two +/- 4800 square foot industrial suites. Also includes some second floor semi-finished storage areas. 5 large grade level roll up doors.

Additional scale and scale house and large outdoor storage building (no heat) plastic skin metal frame concrete bunks. Was formerly a fertilizer distribution center, could have many uses going forward. In the Airport Development zone, allowing many agricultural and industrial uses. Owner leases adjacent property from City of Madras for rail spur access and additional yard area. New owner can negotiate similar lease| with the City if desired.

Key Features

  • Built in 2019
  • 5.04 acre lot
  • 2 stories

Property Details

2 stories
2019

Amenities

A/C

Monthly Cost Estimate

$11,231/mo

20% down · 6.5% · 30 years

Principal$1,519
Interest$9,100
Insurance$613

Estimates only. Actual payments may vary.

Location

500 NW Cherry Lane

Madras, OR 97741

Features & Amenities

Exterior Features

Rail Spur

Property Details

Flooring

VinylConcreteCarpet

Construction

Steel Frame

Heating

Natural GasForced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 500 NW Cherry Lane is listed at $2,100,000 ($700/sqft). The estimated monthly payment is $9,100 based on 20% down at 6.5% interest.

Key features include: Built in 2019, 5.04 acre lot, 2 stories. Exterior Features: Rail Spur.

This property is listed by Dan C Steelhammer and can be reached at 5417280033 or marketing@rmkporegon.com.

DS

Dan C Steelhammer

Agent at RE/MAX Key Properties

(541) 728-0033

Listed by RE/MAX Key Properties

MLS# 220219163· Source: listhub· Updated 49 days ago

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500 NW Cherry Lane, Madras, OR 97741

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