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651 N HIGHWAY 26 Madras, OR $ 4,600,000
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$ 4,600,000 Get more info
651 N HIGHWAY 26
$ 4,600,000
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651 N HIGHWAY 26

Madras, OR, 97741
$ 4,600,000
Bedrooms-- Baths-- Sq 36,824

Monthly Estimate*

$ 28,698

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Commercial Property for sale in Madras, OR

for $4,600,000. This 36,824 square foot building was built in 1988 on a lot size of 7.5.

Exceptional 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.

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Commercial Active

Price

$ 4,600,000

Property Type

Commercial

Taxes

$ 47,967

Style

HotelMotel

Lot Size

7.5

Year Built

1988

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

740472397
Features
General
Sewer PublicSewer
Heating HeatPump
Cooling WindowUnit
Zoning C1
Year Built 1988
Stories Count 2
Property Subtype HotelMotel
Tax Year 2024
Current Use HotelMotel
Parcel Number 11652
Gross Income 1200000.0
County Jefferson
Operating Expense 800000.0
Property Type CommercialSale
HOA N
Status Active
Directions US Hwy 26 and NE Cypress or Hwy 97to NE Cypress
City Madras
MLS Area _340
Lot Size Square Feet 326700.0
Listing Terms Cash Conventional
Tax Annual Amount 47967.05
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description see attached document Legal Exhibit A
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Exterior
Parking Features OffStreet
Water Source PublicWater
Building Area Total 36824.0
Lot Size Acres 7.5
Road Surface Type Paved
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Internal Only
Street Number 1 651
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* Excluded Features
List By
Oregon First

Broker

jassiakkalgroup@gmail.com

Email

Affordability Calculator

$32,695
Per Month
88%
12%
0%
Monthly Principal & Interest
$28,698
Monthly Property Taxes
$3,997
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
1949264 Elementary School
1949174 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/18/2025$4,600,000 Listed Price

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651 N HIGHWAY 26, Madras, OR, 97741 is a Commercial Property for sale at $4,600,000 with 36,824 sqft and a lot size of 7.5. 651 N HIGHWAY 26 was built in 1988. The property's zip code is 97741 which is in Madras, OR

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