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Commercial Land for Sale in Madras, Oregon
1451 SW Olive St, Madras, OR 97741
$5,200,000
3 acres
Active
Est $25,563/moFor Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, ORTurnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a keypad entry automated gate, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market.
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Sq feet
2025
Built
Location
- Street address
- 1451 SW Olive St
- County
- Jefferson County
- Elevation
- 2,369 feet
Directions
HWY 97, West on Fairgrounds rd, South on Olive st
Property details
- Acreage
- 3 acres
- Zoning
- MUE
- Builder
- Y&S Enterprises LLC
- MLS #
- MLSC 220203015
- Posted
Property taxes
- 2024
- $1,008
Parcels
- 1757
Details and features
Listing
- Type
- Commercial Sale
Lot
- View
- City, Mountain, Territorial
Exterior
- Parking Spaces
- 50
- Parking
- Gated, Parking Lot, RV
Structure
- Stories
- 1
- Materials
- Frame
- Roof
- Metal
Interior
- Flooring
- Concrete
- Features
- High Speed Internet
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 1, 2025 | New listing | $5,200,000 | — | MLSC |
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