$4,900,000

1451 SW Olive Street, Madras OR, 97741

Price per sqft$94.82

Built in2025

Property size51,675 sqft

Property typeCommercial

Courtesy of eXp Realty, LLC, E Lamar Yoder

Overview

Active

Listed Jun 1, 2025

Updated Jun 25

**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. Room for additional growth up to 100 units.

Additional information

MLS^® ID: 220203015

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 3 Acres

Other Property Details

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

Courtesy of eXp Realty, LLC, E Lamar Yoder

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Data last updated 1:25 AM UTC, 6/25/2026