
Images
Map
Street
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/moExceptional 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
- County
- Jefferson County
- Elevation
- 2,303 feet
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 3, 2025 | Price added | $4,600,000 | — | RMLS |
| Nov 21, 2025 | Price removed | $— | — | RMLS |
| Nov 18, 2025 | New listing | $4,600,000 | — | RMLS |
Payment calculator
Jassi Akkal
Oregon First
Contact listing agent
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.









