Listed by: E Lamar Yoder · eXp Realty, LLC

$875,000Price cut $24,000
  • — beds
  • 0 baths
  • — sqft

1810 US-97, Madras, OR 97741

Est. $5,065/moPayment calculator
  • Single familyHome type
  • Built in 1948Year built
  • 1.19 acresLot
  • NoneHOA

About this home

  • Listed Jan 7, 2025
  • 633 days on market
  • 42 photos

Amazing investment opportunity, across from the Ford dealership & within site of the Chevrolet dealership. 1.19 ac. Security fenced, highway frontage & direct access to US-97/26 . Fully remodeled offices, kitchen and Showroom has 3,455sq.ft. 2 - restrooms and 2 bathrooms. Spacious kitchen and lunchroom. Heated with mini-split and gas heat as supplemental. 3 bay, heated and cooled warehouse space has 1,850sq.ft. MUE zoning allows many different business scenarios. Retail or ??. Contact Economic Development of Central Oregon (EDCO) or The City of Madras to investigate awesome incentives & opportunities available on this property. See additional attached documentation for zoning info. Additional, adjacent, property (MUE Zoning) is available if buyer needs additional space. Current Business is relocating and is not included in sale.

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Laminate Counters

Heating & cooling

  • Ductless
  • Electric
  • Forced Air
  • Natural Gas
  • Zoned
  • Ductless
  • Evaporative Cooling
  • Wall/Window Unit(s)
  • Zoned

Flooring

  • Concrete
  • Laminate

Property

Lot size
1.19 acres

View

  • Mountain(s)
  • Territorial

Parking

  • Asphalt
  • Driveway
  • Gated
  • Gravel
  • RV Access/Parking

Construction

Home type
Single family
Property type
Commercial Sale
Year built
1948

Materials

  • Frame
  • Asphalt roof
  • Membrane roof
  • Metal roof

Utilities

Sewer & water

  • Septic Tank
  • Water Meter water

Community & HOA

HOA dues
None
County
Jefferson

Financial & listing details

List price
$875,000
Original list price
$899,000
Annual property tax
$5,513
Date on market
Jan 7, 2025
Days on market
633
MLS#
220194186

Price & status history

DateEventPrice
Jan 7, 2025Listed for sale$899,000

Neighborhood

  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$5,065/mo

  • Principal & interest$4,424
  • Property taxes$459
  • Homeowners insurance$182
  • HOA dues$0

Loan amount $700,000 · 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.

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MLSCO

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

Source
MLS of Central Oregon
MLS#
220194186
Last updated
Jul 14, 2025 at 12:22 PM

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.