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 0.8 acres and has potential development opportunity with the new zoning ordinance that passed in Madras in summer of 2022. Buyer to due own due diligence on zoning requirements. Seller is a licensed Oregon Broker.
- Price:
- $1,325,000
- Acreage:
- 0.80
- Year Built:
- 1950
- Listing ID #:
- 220158257
- Street Address:
- 780 Sw 4th St
- City:
- Madras
- State:
- Oregon
- Postal Code:
- 97741
- County:
- Jefferson
- Listing Status:
- Active
- Listing Type:
- Commercial
- Building Security:
- Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
- Construction Description:
- Frame
- Exterior Features:
- Deck
- Flooring:
- Concrete, Laminate
- Foundation:
- Slab
- Interior Features:
- Laminate Counters, Vaulted Ceiling(s)
- Number Of Units:
- 1
- Stories:
- One
- Type Of Roof:
- Metal
- Year Built:
- 1950
- Conforms To Zoning:
- C3
- Lot Features:
- Corner Lot, Drip System, Fenced, Landscaped
- Lot Square Footage:
- 34848.00
- Section:
- Not Applicable
- Days On Market:
- 127
- Terms:
- Cash, Owner Will Carry
- Cross Street:
- J Street
- Property Taxes:
- $3,481
- Tax Year:
- 2022
- Parking Description:
- Alley Access, Gravel, Parking Lot, Rv Access/Parking
- Cooling System:
- Wall/Window Unit(s)
- Existing Water:
- Public
- Heating:
- Electric, Forced Air, Natural Gas
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Michael Boynton of Dick Dodson Realty
