1. Oregon
  2. Madras
  3. 1451 SW Olive Street
$5,200,000

1451 SW Olive Street, Madras, OR 97741

  • 51,675 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 10 days ago

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.

Listing Status:
Active
Date Added:
June 1, 2025 at 05:00AM
Listing Office:
eXp Realty, LLC : 888-814-9613
MLS ID:
220203015
  • Basement: None
  • Flooring: Concrete
  • A/C: None
  • Heating: None

This listing courtesy of eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Buff Elementary School

375 SE Buff St, Madras, OR, 97741

Grades KG-5

1.15 miles away

J

Jefferson County Middle School

1180 SE Kemper Way, Madras, OR, 97741

Grades 6-8

2.00 miles away

B

Bridges High School

410 SW 4th St, Madras, OR, 97741

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.