Listed by: E Lamar Yoder · eXp Realty, LLC

$299,000Price cut $100,000
  • 1.15 acres

00504 Hwy 97 and 26 (South Madras), Madras, OR 97741

Est. $1,746/moPayment calculator
  • CommercialHome type
  • 1.15 acresLot
  • NoneHOA

About this home

  • Listed Mar 12, 2025
  • 570 days on market
  • 15 photos

Awesome Commercial Investment Opportunity!! Located on HWY 97 and 26, between the Dollar General and Abby's Pizza, and across the street from the Dollar Tree and in The Madras Urban Renewal Zone. This property presents an array of options for any Entrepreneur or Investor. Retail, professional. Restaurant, Single or Multi-Tenant project or ???? Property access is off of Brush ln. Contact City of Madras and DOT concerning access off of HWY 97 and 26.

Facts & features

Property

Lot size
1.15 acres
Subdivision
Madras

View

  • Territorial

Construction

Home type
Commercial
Property type
Land

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
Madras
HOA dues
None
County
Jefferson

Financial & listing details

List price
$299,000
Original list price
$399,000
Annual property tax
$2,807
Date on market
Mar 12, 2025
Days on market
570
MLS#
220138701

Price & status history

DateEventPrice
Mar 12, 2025Listed for sale$399,000

Neighborhood

  • SubdivisionMadras
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$1,746/mo

  • Principal & interest$1,512
  • Property taxes$234
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $239,200 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

Similar homes

MLSCO

Listing provided by eXp Realty, LLC · Listing agent: E Lamar Yoder

Source
MLS of Central Oregon
MLS#
220138701
Last updated
Dec 31, 2025 at 9:37 AM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.