268 N 5th Street Madras, OR $ 2,500,000
268 N 5th Street
$ 2,500,000
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268 N 5th Street

Madras, OR, 97741
$ 2,500,000
Bedrooms-- Baths-- Sq 6,524

Monthly Estimate*

$ 15,597

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Commercial Property for sale in Madras, OR

for $2,500,000. This 6,524 square foot building was built in 1981 on a lot size of 1.22.

This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass. Easy traffic flows. The fueling station is leased for nine more years and was built in 1999 with 10 fueling stations. Or you can own the fueling station if desired. The convenience store is a perfect size with two built-in walk-in coolers and a deli. There is a busy pub with lottery machines in the back of the store. The convenience store has been in continuous operation since 1968! Across the street is one of the busiest McDonald's in all of the Northwest. The business opportunity and all of the fixtures are included in the sales price. The inventory is to be purchased outside of closing. This is a turn-key operation ready for a new owner. Small rental house is also included. The lot is three tax lots totaling 53,143 square feet. There is room for more retail growth. Seller is owner of the property

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 16,944

Style

Commercial Sale

Lot Size

1.22

Year Built

1981

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

220205617

Features
Interior
Interior Amenities Laminate Counters
Basement None
Flooring Tile
Common Walls No Common Walls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Aluminum Frames
Total Baths 0
Heating-Heat Pump True
Heating-Natural Gas True
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General
Sewer Public Sewer
Heating Electric Heat Pump Natural Gas
Cooling Central Air Heat Pump
Roof Composition
Construction Materials Block Frame
Exclusions inventory gas pumps
Year Built 1981
Tenant Pays Insurance Repairs Water
View City Neighborhood Territorial
Levels One
Tax Year 2024
Additional Parcels Description 260 N 5th 111302DA TL#2901 265 N 4th 111302DA LT#2902
County Jefferson
New Construction N
Property Type Commercial Sale
Attached Garage N
Other Structures Guest House
Status Active
Directions Just North of the North Madras intersection of highway 97 and 26.
City Madras
Zoning Description C1
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 53143.2
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 16944.0
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 House Retail
Standard Status Active
Tax Lot 2902
Senior Community None
Year Established 1968
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Exterior
Parking Features Asphalt
Lot Features Landscaped Level Sprinklers In Front
Water Source Public Water Meter
Inclusions fixtures equipment
Lot Size Area 1.22
Foundation Details Slab
Spa N
Building Area Total 6524.0
Lot Size Acres 1.22
Road Surface Type Paved
Road Frontage Type Shared Access
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Internal Only
Street Number 1 268
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* Excluded Features
List By
Mike C. Ahern

Listing Agent

Exp Realty, Llc

Broker

541-420-9000

Contact

Affordability Calculator

$17,009
Per Month
92%
8%
0%
Monthly Principal & Interest
$15,597
Monthly Property Taxes
$1,412
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
Pricing History
DatePricePrice ChangeDescription
10/2/2025$2,500,000 -7.41% Price Down
7/11/2025$2,700,000 Listed Price

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268 N 5th Street, Madras, OR, 97741 is a Commercial Property for sale at $2,500,000 with 6,524 sqft and a lot size of 1.22. 268 N 5th Street was built in 1981. The property's zip code is 97741 which is in Madras, OR