Solid net leased single tenant investment for sale! 116 SE D Street was built in 1979 and served as a multi-tenant investment for decades. It was purchased in 2021 by a statewide mental health practitioner at which time it underwent significant improvements to have it be a location exclusively for this operator. This business recently elected to close this location and then leased the property to BestCare Treatment Centers. BestCare is a non-profit organization that was created in 1979 as the result of collaboration between local hospitals, city and county governments, and regional mental health practitioners. Today, BestCare operates in multiple cities with numerous locations throughout central and southern Oregon, helping patients with substance abuse and other challenges who use Oregon state health plans, private insurance, and direct pay for services.
Exceptional hospitality investment opportunity. This well-maintained 100-key Econo Lodge is strategically positioned in a highly desirable location with excellent visibility and easy access to major highways, shopping, dining, and local attractions.Property Highlights: 100 guest rooms with consistent occupancy,Covered indoor swimming pool, Strong national brand affiliation, High-traffic, high-demand area, Ample surface parking, On-site guest amenities and laundry, Brand New Roof. Value-add potential through upgrades and management improvementsIdeal for investors seeking a stable, cash-flowing hospitality asset with long-term appreciation potential.
Thriving cannabis dispensary in the heart of Central Oregon. Here is a very rare opportunity to enter the cannabis industry with this turnkey dispensary and gift shop. Locally owned and operated for over 10 years, Central Organics is the premier dispensary in Madras. Located right on Hwy 97, there are over 10,000 cars that pass by daily for amazing exposure. The sale includes a fully staffed store front with all the inventory, fixtures and displays to keep the vibe of this amazing place going. The large parking lot is great for hosting events and can accommodate RVs, trailers and oversized vehicles. There is even a small stage for live music! Stocked with all the best products and the friendliest faces in town, this is one sale you don't want to miss out on. Seller is a licensed Oregon Broker.
The key to any commercial space is location and this one has the best! Almost a full acre of fenced property and a large building right on Hwy 97. Great exposure for any business. Here is your chance to expand your existing business, start a new one, or collect rent from the current tenants. Whether you are an investor or an entrepreneur. this would make a good addition to any portfolio. Amazing development opportunity as the new zoning in Madras allows for new residential dwellings in commercial zones. Commercial properties in Madras don't come up very often so act fast. Buyer to do all due diligence on future intended uses. Seller is a licensed Oregon Broker.
Many possibilities for this C2-zoned property in central Madras conveniently located across from a community park while only two blocks from main street. The mixed-use zoning allows for a live/work opportunity while being in the urban renewal district enhances potential renovation/restoration opportunities with the city. Per city discussions, the property has potential for conversion into residential use following city codes - buyer to confirm. The 1,000sqft. building is on a corner lot with its own parking area. Subject to tenant lease; on a 1-year lease of $1,000/month. Seller has the right to do a 1031 tax-deferred exchange at no cost to the buyer.
Large retail building with excellent exposure on 5th Street and Highway 97 North in Madras. Approximately half of the space is an open layout on the ground level and the remaining square footage is downstairs basement space. Ample street parking as well as onsite parking in the back parking lot.
This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass. Easy traffic flows. The fueling station is leased for nine more years and was built in 1999 with 10 fueling stations. Or you can own the fueling station if desired. The convenience store is a perfect size with two built-in walk-in coolers and a deli. There is a busy pub with lottery machines in the back of the store. The convenience store has been in continuous operation since 1968! Across the street is one of the busiest McDonald's in all of the Northwest. The business opportunity and all of the fixtures are included in the sales price. The inventory is to be purchased outside of closing. This is a turn-key operation ready for a new owner. Small rental house is also included. The lot is three tax lots totaling 53,143 square feet. There is room for more retail growth. Seller is owner of the property
**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.
**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.
Great location, right on Highway 97 going South out of Madras. Nice fencing to enclose much of the lot. Useful open space with an overhead door. Perfect for retail or a shop. The zoning is C3 and allows both commercial and residential. The billboard lease does not convey with the sale and is a separate account with the assessor's office. Building sold as is.
ATTENTION INVESTORS! 16.43 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. Annexed into the city of Madras and sewer main near the property line, This property is a huge opportunity. Property zoning MUE allows Large retail complex or Travel Center, or Hotel or light manufacturing or vehicle dealership or ? Total of 3,465sq.ft. and includes the following: 2,217sq.ft. house (5 bed 3 bath with mother in-law quarters), and 1,248sq.ft. Shop. Call your agent for the backup package and showing. Property is currently being used for residential. Main Zoning is MUE. Seller also has package deal available see listing 1820 US-97
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.
Commerical shop building now available in the C2 zoning. 1 large shop access door with plenty of work space. Bathroom and extra carport style storage in the back of the shop. Storage/office room as well as bathroom area. Excellent location in the downtown area, within close proximity to the Sahalee Park where the summer Saturday market is hosted, as well as city parades.
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.
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Madras is located in Oregon. Madras, Oregon has a population of 7,381. Madras is more family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 21.81%.
The median household income in Madras, Oregon is $43,722. The median household income for the surrounding county is $59,748 compared to the national median of $69,021. The median age of people living in Madras is 33.1 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 11.1 inches per year, with 13.7 inches of snow per year.