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Price reducedActive (ACT)CommercialJefferson County

1456 SW Olive St

Madras, OR 97741

$4,900,000

Sqft
51,675
Price / sqft
$95
Lot
3 ac
Built
2025

518 days on market

This property is listed as active on RMLS. Confirm it is still available before you tour.

The Team Burke take

This address is for sale in Madras, OR 97741. 51,675 sqft, 3 ac, Built 2025. Team Burke prices the house, not the city.

School names are not on this RMLS row. Confirm the campus on the district map before you write an offer.

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The listing remarks

**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 snapshot

Type
Commercial
Status
Active (ACT)
Year built
2025
Lot
3 ac
Parking spaces
50
Stories
1
Water
Public Water
Sewer
Public Sewer
Roof
Metal
Terms
Cash,Conventional,Other
Price / sqft
$95
Property tax
$1,008 (2024)
County
Jefferson
Zoning
MUE
Condition
Existing
MLS®
122483260

Price history

Original listJun 1, 2025
$5,200,000
Current listNov 1, 2026
$4,900,000

Construction

  • Metal Frame
  • Metal

Lot & view

  • Mini Storage

Parking

  • Off Street,Secured

Utilities

  • Public Water
  • Public Sewer
  • Paved

The house, in pictures

On the map

1456 SW OLIVE ST, Madras, OR 97741

Satellite map of 1456 SW OLIVE ST, Madras, OR 97741

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Listing courtesy of E. Lamar Yoder, eXp Realty, LLC · 503-915-8271 · RMLS

RMLS

Listing courtesy of E. Lamar Yoder, eXp Realty, LLC · 503-915-8271. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Triple Oaks Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Nov 1, 2026, 7:12 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Provided by Triple Oaks Realty.

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