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1451 SW Olive Street Madras, OR $ 5,200,000
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$ 5,200,000 Get more info
1451 SW Olive Street
$ 5,200,000
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1451 SW Olive Street

Madras, OR, 97741
$ 5,200,000
Bedrooms-- Baths-- Sq 51,675

Monthly Estimate*

$ 32,441

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Commercial Property for sale in Madras, OR

for $5,200,000. This 51,675 square foot building was built in 2025 on a lot size of 3.

**For Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, OR** Turnkey 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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Commercial Active

Price

$ 5,200,000

Property Type

Commercial

Taxes

$ 1,008

Style

Commercial Sale

Lot Size

3

Year Built

2025

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

220203015
Features
General
Sewer Public Sewer None
Heating None
Cooling None
Roof Metal
Security Features Security System Owned
Construction Materials Steel Frame
Year Built 2025
View Cascade Mountains City Mountain(s) Territorial
Levels One
Tax Year 2024
Gross Income 537600.0
County Jefferson
Operating Expense 17400.0
New Construction N
Property Type Commercial Sale
Attached Garage N
Status Active
Directions HWY 97 West on Fairgrounds rd South on Olive st
City Madras
Zoning Description MUE
Number Of Units Total 290
Lot Size Units Acres
Lot Size Square Feet 130680.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1008.4
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Mixed Use None Flex
Builder Name Y&S Enterprises LLC
Standard Status Active
Cap Rate 7.0
Senior Community None
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Interior
Basement None
Flooring Concrete
Common Walls 1 Common Wall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
Heating-None True
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Exterior
Parking Features Asphalt Gated Gravel RV Access/Parking Parking Lot
Lot Features Drip System Fenced Landscaped Level Sloped Xeriscape Landscape
Water Source Public Water Meter
Lot Size Area 3.0
Foundation Details Slab
Spa N
Building Area Total 51675.0
Lot Size Acres 3.0
Road Surface Type Paved
Road Frontage Type Shared Access
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Internal Only
Street Number 1 1451
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* Excluded Features
List By
E Lamar Yoder

Listing Agent

Exp Realty, Llc

Broker

503-915-8271

Contact

Affordability Calculator

$32,525
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,441
Monthly Property Taxes
$84
Monthly 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
331058 Elementary School
330912 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/1/2025$5,200,000 Listed Price

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1451 SW Olive Street, Madras, OR, 97741 is a Commercial Property for sale at $5,200,000 with 51,675 sqft and a lot size of 3. 1451 SW Olive Street was built in 2025. The property's zip code is 97741 which is in Madras, OR

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