483 5th Street Madras, OR
$ 1,400,000
Property Attributes
  • MLS#220127575
  • TypePending
  • CityMadras
  • NeighborhoodPalmain
  • Zip97741
  • StyleFast Food,Franchise
  • Year Built1977
  • Taxes$ 10768
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3192
  • Lot Size0.92 Acres
Listing Provided Courtesy Of:
Dick Dodson Realty
Data Source:
MLS of Central Oregon (MLSCO) - 61 - OR
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.

Price History
7/19/2021 Listed $1,400,000

General Features

# Of Units Total 2
Additional Features 3 Phase Electric, ADA Comply, Bath Common Area, Free Span Roof, Kitchen, Office Space, Separate Electric Meters, Separate Gas Meters, Separate Water Meters
Basement None
Construction Materials Block
Cooling Central Air, Evaporative Cooling
Flooring Concrete, Tile
Heating Forced Air, Natural Gas
Levels One
New Construction Y/N No
Property Type F
Roof Membrane
Section Not Applicable
Sewer Public Sewer
Subdivision Name Palmain
View City
Zoning C3

Interior Features

Common Walls No Common Walls
Interior Features Granite Counters
Window Features Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

Exterior Features Courtyard
Foundation Slab
Lot Description Corner Lot, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Lot Size Acres 0.92
Lot Size Square Feet 40075.00
Other Structures Storage
Parking Details: # Of Parking Spaces 20
Parking Details: Parking Yes
Parking Details: Vehicles/average Daily Traffic 20, 000
Parking Features Asphalt, Electric Vehicle Charging Station(s), Parking Lot, RV Access/Parking
Road Surface Type Paved
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 97741

AVG $360K
AVG $2,681
AVG 55
Year Built
AVG 2002
AVG 25
Data Provided by Walkscore ® not using MLS data