$4,900,000

1456 SW OLIVE ST, Madras OR, 97741

Price per sqft$94.82

Built in2025

Property size51,675 sqft

Property typeCommercial

Listing Courtesy of eXp Realty, LLC, E. Lamar Yoder. 503-915-8271

Overview

Active

Listed Jun 1, 2025

Updated 13h ago

**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.

Additional information

MLS^® ID: 122483260

Interior Features

Bedrooms: 0
Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 3 Acres

Other Property Details

Taxes: $1,008
Tax Frequency: Annually
View: Yes

Listing Courtesy of eXp Realty, LLC, E. Lamar Yoder. 503-915-8271

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 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 10/7/2026, 7:17 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available