Madras, OR 97741,1451 Olive ST
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Madras, OR 97741,1451 Olive ST
Madras, OR 97741,1451 Olive ST
Madras, OR 97741,1451 Olive ST
Madras, OR 97741,1451 Olive ST
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$ 5,200,000
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1451 Olive ST Madras, OR 97741

51,675 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 51,675 sqft

Price per Sqft $100

MLS Listing ID 220203015

Year Built 2025

Annual Tax Amount $1,008

Lot Size 3.000 Acres

Acres 3.0

Lot Dimensions 3.0

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

Direction HWY 97, West on Fairgrounds rd, South on Olive st

Rooms

Basement None

Interior

Heating None

Cooling None

Exterior

Parking Features Asphalt, Gated, Gravel, RV Access/Parking, Parking Lot

Roof Type Metal

Building

Lot Description Drip System, Fenced, Landscaped, Level, Sloped, Xeriscape Landscape

Entry Level One

Foundation Slab

Builder Name Y&S Enterprises LLC

Water Public, Water Meter

Structure Type Steel Frame

New Construction No

Others

Senior Community No

Tax ID 1757

Security Features Security System Owned

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Standard


Oregon Data Share
Listed by eXp Realty, LLC
agent

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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