$1,200,000

646 SW Palmain Place, Madras OR, 97741

Price per sqft$276.50

Built in1955

Property size4,340 sqft

Property typeCommercial

Courtesy of Coldwell Banker Commercial Realty, Bill M. Pon

Overview

Active

Listed May 26, 2026

Updated Jun 25

Single Tenant. Absolute net lease with a 6.5% Cap Rate. Established Auto Parts tenant with great frontage and signage on 5th street in Madras. Adjacent .35 Acre lot also included in sale (TL 111311DA08700), total land .49 Acres.

Additional information

MLS^® ID: 220222112

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $3,991
Tax Frequency: Annually
View: Yes

Courtesy of Coldwell Banker Commercial Realty, Bill M. Pon

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Data last updated 1:17 AM UTC, 6/25/2026