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1456 SW OLIVE ST Madras, OR $ 5,200,000
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$ 5,200,000 Get more info
1456 SW OLIVE ST
$ 5,200,000
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Share Save

1456 SW OLIVE ST

Madras, OR, 97741
$ 5,200,000
Bedrooms-- Baths-- Sq 51,675
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Property for Rent in Madras, OR

for $5,200,000. This 51,675 square foot property 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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Rental Active

Price

$ 5,200,000

Taxes

$ 1,008

Style

Commercial

Lot Size

3

Year Built

2025

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

122483260
Features
General
Sewer PublicSewer
Heating None
Cooling None
Roof Metal
Zoning MUE
Construction Materials MetalFrame
Year Built 2025
Sale Includes Building BusinessName Land
Stories Count 1
Property Subtype Commercial
Tax Year 2024
Current Use MiniStorage
Parcel Number 1757
Gross Income 0
County Jefferson
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Fairgrounds rd to Olive St
City Madras
MLS Area _340
Lot Size Square Feet 130680.0
Listing Terms Cash Conventional Other
Tax Annual Amount 1008.4
Property Condition Existing
Lease Type MonthToMonth
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 111314AC00301
Year Established 2025
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Exterior
Road Frontage 312
Parking Features OffStreet Secured
Water Source PublicWater
Total Parking 50.0
Number of Buildings 5
Building Area Total 51675.0
Lot Dimensions 312x418
Lot Size Acres 3.0
Road Surface Type Paved
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Internal Only
Street Number 1 1456
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-915-8271

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/5/2025$5,200,000 Listed Price

Map

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1456 SW OLIVE ST, Madras, OR, 97741 is a Property for Rent at $5,200,000 with 51,675 sqft and a lot size of 3. 1456 SW OLIVE ST was built in 2025. The property's zip code is 97741 which is in Madras, OR

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