About 646 Sw Palmain Place
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.
Features of 646 Sw Palmain Place
| MLS® # | 220222112 |
|---|---|
| Price | $1,200,000 |
| Acres | 0.14 |
| Year Built | 1955 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 646 Sw Palmain Place |
|---|---|
| City | Madras |
| County | Jefferson |
| State | OR |
| Zip Code | 97741 |
Amenities
| Parking | On Street, Parking Lot |
|---|---|
| View | City |
| Is Waterfront | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | One |
| Basement | None |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Membrane |
| Construction | Block, Concrete, Frame |
| Foundation | Slab |
Additional Information
| Date Listed | May 26th, 2026 |
|---|---|
| Days on Market | 6 |
| Zoning | C3 |
Listing Details
| Office | Coldwell Banker Commercial Realty |
|---|