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Listed by eXp Realty LLC
$5,200,000
Est. payment /mo
51,675 SqFt
New
1456 SW OLIVE ST Madras, OR 97741
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 51,675 sqft
Price per Sqft $100
MLS Listing ID 122483260
Year Built 2025
Annual Tax Amount $1,008
Tax Year 2024
Lot Size 3.000 Acres
Property Sub-Type Commercial
Property Description
**For Sale: Mini-Storage Investment – 1451 SW Olive St, Madras, OR**Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market.
Location
State OR
County Jefferson
Area _340
Zoning MUE
Interior
Heating None
Cooling None
Exterior
View City, Mountain, Territorial
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
