1820 US-97 Madras, OR ^$ 3,500,000

1820 US-97

^$ 3,500,000

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1820 US-97

Madras, OR, 97741

^$ 3,500,000

Bedrooms-- Baths-- Sq 8,770

Monthly Estimate*

^$ 21,835

Commercial Property for sale in Madras, OR

for $3,500,000. This 8,770 square foot building was built in 1975 on a lot size of 17.62.

ATTENTION INVESTORS! 17.62 Ac of MUE with amazing location at the corner of Colfax and US 97 and hwy 26 with an average daily vehicle count of over 17,000. Total of 2 parcels (1.19ac & 16.43ac) annexed into the city of Madras and sewer main is near the property line, This property is a huge opportunity. Property use includes Large retail complex or Travel Center, or Hotel or light manufacturing or vehicle dealership or ? Total of 8,770sq.ft. and includes the following: 2,217sq.ft. house, 1248sq.ft. Shop, 3,455sq.ft. Retail Store / Showroom, 1,850sq.ft. 3 bay finished shop. the larger property is currently used as residential and the smaller piece is used as MUE Commercial. All property can be used as MUE. Call your agent for the backup package and showing. Seller will also sell the parcels separately.

Commercial Active

Price

^$ 3,500,000

Property Type

Commercial

Taxes

^$ 8,572

Style

Commercial Sale

Lot Size

17.62

Year Built

1975

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

220199891

Features

Interior

Interior Amenities Laminate Counters Wired for Data

Flooring Carpet Concrete Laminate Vinyl

Common Walls No Common Walls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Aluminum Frames Vinyl Frames

Total Baths 0

Heating-Forced Air True

Heating-Natural Gas True

Heating-Ductless True

General

Sewer Septic Tank

Heating Ductless Forced Air Natural Gas

Cooling Ductless Central Air

Roof Composition Metal

Security Features Carbon Monoxide Detector(s) Smoke Detector(s)

Construction Materials Frame

Year Built 1975

View Territorial

Levels One

Tax Year 2024

Additional Parcels Description 111314D000900 and include Tax# 1934 & 1958

County Jefferson

New Construction N

Property Type Commercial Sale

Attached Garage N

Other Structures Barn(s) RV/Boat Storage Storage Workshop

Status Active

Directions Property is located on the corner of Colfax and US 97 and HWY 26

City Madras

Zoning Description MUE

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 767527.2

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 8572.26

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Mixed Use House Office Retail Warehouse

Standard Status Active

Senior Community None

Exterior

Parking Features Asphalt Driveway Gated Gravel Heated Garage RV Access/Parking RV Garage Storage Workshop in Garage Parking Lot

Lot Features Corner Lot Fenced Level Pasture Sloped

Water Source Public Water Meter

Lot Size Area 17.62

Foundation Details Concrete Perimeter Slab Stemwall

Spa N

Building Area Total 8770.0

Lot Size Acres 17.62

Road Surface Type Paved

Road Frontage Type Shared Access

Internal Only

Street Number 1 1820

* Excluded Features

List By

E Lamar Yoder

Listing Agent

Exp Realty, Llc

Broker

503-915-8271

Contact

Affordability Calculator

$22,550

Per Month

Monthly Principal & Interest: $21,835
Monthly Property Taxes: $714
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Madras, OR

Average List Price ^$1,599,818

Percent of Sale Price 54%

About Madras, OR

7,122 Population

18% Since 2002

^$41,464 Median Income

36.67 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

331058 Elementary School

330912 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2025	$3,500,000		Listed Price

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1820 US-97, Madras, OR, 97741 is a Commercial Property for sale at $3,500,000 with 8,770 sqft and a lot size of 17.62. 1820 US-97 was built in 1975. The property's zip code is 97741 which is in Madras, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

© 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Weichert Realtors.

Data is updated as of 12/6/2025.

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1820 US-97

Commercial Property for sale in Madras, OR

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