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246 Chestnut Street

Land for sale in Madras, Oregon, 97741 | MLS: 220115460 | Unknown

PHOTO 1 of 6
$375,000
Property Highlights
Payments: $1,798/mo (terms) Type: Commercial Land: 2.94 ac. ($3/sf) Days in MLS: 87 Page Views: 52
Property Details
Taxkey: 111201BD Current Use: Vacant Lot Features: Corner Lot, Level Water: Public Utilities: Electricity Available, Natural Gas Available Sewer: Public Sewer Home/Build Site: Approved Terms: Cash, Conventional Zoning: C1 Annual Taxes: 1921.12

T
his nearly 3 acre parcel falls within one of the Oregon Opportunity Zones (OZ). OZs can deliver significant tax savings on medium to long term investments. Permits were fully approved in 2020 for the construction of 315 self storage units, plus manager's quarters. Construction estimate was completed about 18 months ago. Estimate includes full fencing, a security gate, and cameras for 24/7 monitoring. The buildings would be metal construction by Mako Steel, and are surrounded by asphalt to make access clean and easy. Renewal of the permits can be done in 3-4 months.

Listing Brokerage: The Hasson Company


The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Total Property Resources are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit nor redistribute any of the content from this site. © MLS of Central Oregon (MLSCO). Information was last updated: 2021-04-22 12:16:08

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