1456 SW OLIVE ST new

Madras,OR 97741

$ 5200000

- Bed

- Bath

51675 SqFt


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

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