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 $94
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
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. Room for additional growth up to 100 units.
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
Foundation Slab
Builder Name Y&S Enterprises LLC
Water Public, Water Meter
Level or Stories One
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
Nearby Locations
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