Listed by: Jason Finley Luecker · Keller Williams Realty Central Oregon

$529,000
  • 2.94 acres

NE Chestnut Street Unit Parcel #: 1018, Madras, OR 97741

Est. $2,863/moPayment calculator
  • CommercialHome type
  • 2.94 acresLot
  • NoneHOA

About this home

  • Listed Jul 2, 2026
  • 93 days on market
  • 13 photos

Exceptional commercial development opportunity in Madras! This level 2.94-acre corner parcel offers outstanding visibility with frontage along HWY 97, Chestnut St, and NE 10th St. Public utilities are available at the street and the high-traffic location is close to other established businesses, shopping, and services. Seller's proposed storage facility plans are available upon an accepted offer. Buyer to perform their own due diligence with the City of Madras regarding permitted uses and development requirements. Owner will carry with a substantial down payment. Imagine the potential for your commercial business! One of the listing agents is related to the seller, part owner, and a licensed broker in the state of Oregon

Facts & features

Property

Lot size
2.94 acres
Subdivision
N/A

View

  • Neighborhood
  • Territorial

Construction

Home type
Commercial
Property type
Land

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jefferson

Financial & listing details

List price
$529,000
Annual property tax
$2,259
Date on market
Jul 2, 2026
Days on market
93
MLS#
220224494

Price & status history

DateEventPrice
Jul 2, 2026Listed for sale$529,000

Neighborhood

  • SubdivisionN/A
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$2,863/mo

  • Principal & interest$2,675
  • Property taxes$188
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $423,200 · 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.

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MLSCO

Listing provided by Keller Williams Realty Central Oregon · Listing agent: Jason Finley Luecker

Source
MLS of Central Oregon
MLS#
220224494
Last updated
Jul 3, 2026 at 12:37 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.