483 5th StreetMadras, OR97741

$1,400,000
2 total units
3192 sq. ft
0.92 acres
Zoning: C3
983 days on market

VestorFilter™

Price per ft²$438.60/ft²
Price per acre$1.52M/ac
Time on market983 days

Property Description

This is an iconic Madras business. Always the place to go for good food or a special treat. Solid reputation with the locals as well as the traveling public. Business model supported with the Dairy Queen Franchise. Consistent strop sales year after year. Sales price included all the personal property to operate the business. Inventory sold outside of purchase price. Always well maintained. New paving. Nice inventory storage building detached from restaurant.

Financial Data

Date Sold2021-12-22
Sold Price$1,500,000
Original Price$1,400,000
Current Price$1,400,000
Property Taxes$10,769

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Home Facts

StatusClosed
Year Built1977
MLS ID220127575