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Improved Mixed-Use Land for Sale in Madras, Oregon

651 N Highway 26, Madras, OR 97741

$4,600,000
7.5 acres
Active
ago
Est $25,836/mo

Exceptional hospitality investment opportunity. This well-maintained 100-key Econo Lodge is strategically positioned in a highly desirable location with excellent visibility and easy access to major highways, shopping, dining, and local attractions.Property Highlights: 100 guest rooms with consistent occupancy,Covered indoor swimming pool, Strong national brand affiliation, High-traffic, high-demand area, Ample surface parking, On-site guest amenities and laundry, Brand New Roof. Value-add potential through upgrades and management improvementsIdeal for investors seeking a stable, cash-flowing hospitality asset with long-term appreciation potential.

36,824
Sq feet
1988
Built

Location

Street address
651 N Highway 26
Elevation
2,303 feet
Coordinates
44.6456, -121.1285

Directions

US Hwy 26 and NE Cypress or Hwy 97to NE Cypress

Property details

Acreage
7.5 acres
Zoning
C1
MLS #
RMLS 740472397
Posted

Parcels

  • 11652

Details and features

Listing

Type
Residential
Franchise
Independent

Structure

Stories
2
Heating
Heat Pump
Cooling
Window Unit(s)

Listing history

DateEventPriceChangeSource
Dec 3, 2025Price added$4,600,000RMLS
Nov 21, 2025Price removed$—RMLS
Nov 18, 2025New listing$4,600,000RMLS
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This 7.5-acre property is located at 651 N Highway 26 in Madras, OR 97741. The property is available for sale for $4,600,000. It has a 36,824 sq ft structure built in 1988.

Checked 1 hour ago — Updated

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