Listed by: E Lamar Yoder · eXp Realty, LLC
- — beds
- 0 baths
- — sqft
1820 US-97, Madras, OR 97741
- Single familyHome type
- Built in 1975Year built
- 17.62 acresLot
- NoneHOA
About this home
ATTENTION INVESTORS! 17.62 Ac of MUE with amazing location at the corner of Colfax and US 97 and hwy 26 with an average daily vehicle count of over 17,000. Total of 2 parcels (1.19ac & 16.43ac) annexed into the city of Madras and sewer main is near the property line, This property is a huge opportunity. Property use includes Large retail complex or Travel Center, or Hotel or light manufacturing or vehicle dealership or ? Total of 8,770sq.ft. and includes the following: 2,217sq.ft. house, 1248sq.ft. Shop, 3,455sq.ft. Retail Store / Showroom, 1,850sq.ft. 3 bay finished shop. the larger property is currently used as residential and the smaller piece is used as MUE Commercial. All property can be used as MUE. Call your agent for the backup package and showing. Seller will also sell the parcels separately.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- One
Features
- Laminate Counters
- Wired for Data
Heating & cooling
- Ductless
- Forced Air
- Natural Gas
- Ductless
- Central Air
Flooring
- Carpet
- Concrete
- Laminate
- Vinyl
Property
- Lot size
- 17.62 acres
View
- Territorial
Parking
- Asphalt
- Driveway
- Gated
- Gravel
- Heated Garage
- RV Access/Parking
- RV Garage
- Storage
- Workshop in Garage
- Parking Lot
Construction
- Home type
- Single family
- Property type
- Commercial Sale
- Year built
- 1975
Materials
- Frame
- Composition roof
- Metal roof
Utilities
Sewer & water
- Septic Tank
- Public water
- Water Meter water
Community & HOA
- HOA dues
- None
- County
- Jefferson
Financial & listing details
- List price
- $3,500,000
- Annual property tax
- $8,572
- Date on market
- Apr 18, 2025
- Days on market
- 533
- MLS#
- 220199891
Price & status history
| Date | Event | Price |
|---|---|---|
| Apr 18, 2025 | Listed for sale | $3,500,000 |
Neighborhood
- CityMadras, OR 97741
- CountyJefferson
Payment calculator
Estimated monthly payment
$19,141/mo
- Principal & interest$17,698
- Property taxes$714
- Homeowners insurance$729
- HOA dues$0
Loan amount $2,800,000 · 30-year fixed at 6.5%
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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Listing provided by eXp Realty, LLC · Listing agent: E Lamar Yoder
- Source
- MLS of Central Oregon
- MLS#
- 220199891
- 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.