780 SW 4th St., Madras, OR

Retail for Sale - $950,000 - 2,700 Sq. Ft.


Agent Info

Michael Boynton
Coldwell Banker Sun Country Realty, Inc.

Property Info

CIMLS#1147059
Location
  780 SW 4th St.
  Madras OR 97741
UpdatedMarch 12th, 2024
TypeRetail
Price$950,000
Building2,700 Sq. Ft.

Property Description

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 0.80 acres and has potential development opportunity with the new zoning ordinance that passed in Madras in Summer of 2022. Buyer to do own due diligence on zoning requirements. Seller is a licensed Oregon broker.


Financials