Views
Address
476 Sw J Street, Madras, OR
Price
$ 1,800,000
Property Attributes
- MLS#220223285
- TypeCommercial
- Listing Status Active
- CountyJefferson
- CityMadras
- AreaNot Applicable
- NeighborhoodCunningham
- Zip97741
- Style
- Year Built1984
- Taxes$ 12989
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage19052
- Lot Size1.82 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
HUGE PRICE REDUCTION! For Sale. Pleased to present the opportunity to acquire A-1 Madras Secure Storage in Madras, Oregon, strategically positioned in close proximity to State Hwy. 97 with access to Bend and Redmond. The facility comprises of 141 total rentable units, totaling approximately 19,052 net rental sq. ft. constructed of metal siding and pitched metal roofing. Controlled gate access, offering a durable low maintenance operating profile. The facility has an average of 92% occupancy rate. Asking price is below Jefferson County's RMV of $2,275.830.
| Price History | |
|---|---|
| 6/12/2026 | Listed $2,000,000 |
| 8/11/2026 | 10$1,800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Ductless,Heat Pump,Propane |
| Cooling | Ductless,Heat Pump |
| Roof | Composition,Metal |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Construction Materials | Concrete,Frame |
| Year Built | 1984 |
| Tenant Pays | Other |
| View | City,Neighborhood,Territorial |
| Levels | One |
| Tax Year | 2025 |
| Gross Income | 152995 |
| OwnerPays | Electricity,Exterior Maintenance,Gas,Insurance,Interior Maintenance,Repairs,Sewer,Taxes,Water |
| County | Jefferson |
| Net Operating Income | 107067 |
| Operating Expense | 45928 |
| New Construction | false |
| Property Type | Commercial Sale |
| Attached Garage | false |
| Subdivision Name | Cunningham |
| Other Structures | Storage,Other |
| Status | Active |
| Directions | Coming from Bend on Hwy. 97 turn left on J Street in Madras. Go approximately 6 blocks to the junction of Old Culver Hwy. and J Street. Property is on the north side of J Street. Sign on property. |
| City | Madras |
| Zoning Description | R2 |
| Number Of Units Total | 141 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 79279.2 |
| Tax Annual Amount | 12989.46 |
| Body Type | Double Wide |
| Additional Parcels Y/N | false |
| Virtual Tour | https://id.land/maps/2e5e335f764f8347bc62e42da2947b2b/share/unbranded |
| Structure Type | House,Office |
| Standard Status | Active |
| Tax Lot | 111311DB05301 |
| Cap Rate | 5.4 |
| Sewer_co_Public_sp_Sewer | true |
| Year Established | 1984 |
Interior Features
| Interior Amenities | Built-in Features,Laminate Counters,Vaulted Ceiling(s) |
|---|---|
| Basement | None |
| Flooring | Carpet,Concrete,Laminate |
| Common Walls | 2+ Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Double Pane Windows,Vinyl Frames |
| Heating-Heat Pump | true |
| Heating-Ductless | true |
Exterior Features
| Parking Features | Gravel |
|---|---|
| Lot Features | Corner Lot,Fenced,Landscaped,Level |
| Water Source | Public |
| Lot Size Area | 1.82 |
| Foundation Details | Slab |
| Building Area Total | 19052 |
| Lot Size Acres | 1.82 |
| Road Surface Type | Gravel,Paved |
| Road Frontage Type | Private Access |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 97741
Price
Taxes
Year Built
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Mariposa Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 22, 2026 9:36 PM UTC Some properties which appear for sale on this website may subsequently have sold or may
