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1810 SW Highway 97 5,305 SF Retail Building Madras, OR 97741 $3,500,000 ($659.75/SF)
INVESTMENT HIGHLIGHTS
- Redevelopment property, Average daily traffic = 17,000. Hotel, Travel center, Large retail goods store, Lumber yard?
EXECUTIVE SUMMARY
**Prime 17.62-Acre Commercial Investment Opportunity on US-97/26 | High-Visibility MUE-Zoned Property in Madras, Oregon**
**ATTENTION INVESTORS & DEVELOPERS:**
Incredible opportunity to acquire **17.62 acres of highly versatile MUE-zoned land** at the intersection of Colfax Lane and Highways US-97/26—**directly across from the Ford dealership and within view of the Chevrolet dealership**. With **over 17,000 vehicles per day** passing by, this **high-traffic corridor** offers unbeatable visibility and access.
This property includes **two parcels** (1.19 acres + 16.43 acres), both annexed into the City of Madras, with a **sewer main near the property line**. Ideal for a **travel center, hotel, large retail operation, auto dealership, light manufacturing, lumber yard, or other commercial uses**.
### Property Features:
* **Total Area:** 17.62 acres, security fenced
* **Zoning:** MUE – Mixed-Use Employment (extremely flexible, contact City of Madras for permitted uses)
* **Existing Improvements:**
* 2,217 SF remodeled home (currently used residentially)
* 1,248 SF shop
* 3,455 SF fully remodeled showroom/retail space with two restrooms, offices, and kitchen
* 1,850 SF three-bay warehouse/shop, heated and cooled
* **Frontage:** Direct access and high exposure on Hwy US-97/26
* **Utilities:** Sewer main nearby; connected to city services
Current business is relocating; sale includes real estate only. Adjacent MUE-zoned property may be available for buyers needing expansion space.
### Highlights:
* Excellent site for **auto sales, service center, RV or powersports dealership, truck stop, or hotel**
* High traffic count with unbeatable **highway visibility**
* Flexible MUE zoning ideal for **retail, industrial, hospitality, or mixed-use development**
* Strong economic incentives—contact **EDCO or the City of Madras** for available programs
**Don’t miss this rare chance to secure a prime location in one of Central Oregon’s most visible commercial corridors.** Call your agent today for a full backup package and private showing.
**ATTENTION INVESTORS & DEVELOPERS:**
Incredible opportunity to acquire **17.62 acres of highly versatile MUE-zoned land** at the intersection of Colfax Lane and Highways US-97/26—**directly across from the Ford dealership and within view of the Chevrolet dealership**. With **over 17,000 vehicles per day** passing by, this **high-traffic corridor** offers unbeatable visibility and access.
This property includes **two parcels** (1.19 acres + 16.43 acres), both annexed into the City of Madras, with a **sewer main near the property line**. Ideal for a **travel center, hotel, large retail operation, auto dealership, light manufacturing, lumber yard, or other commercial uses**.
### Property Features:
* **Total Area:** 17.62 acres, security fenced
* **Zoning:** MUE – Mixed-Use Employment (extremely flexible, contact City of Madras for permitted uses)
* **Existing Improvements:**
* 2,217 SF remodeled home (currently used residentially)
* 1,248 SF shop
* 3,455 SF fully remodeled showroom/retail space with two restrooms, offices, and kitchen
* 1,850 SF three-bay warehouse/shop, heated and cooled
* **Frontage:** Direct access and high exposure on Hwy US-97/26
* **Utilities:** Sewer main nearby; connected to city services
Current business is relocating; sale includes real estate only. Adjacent MUE-zoned property may be available for buyers needing expansion space.
### Highlights:
* Excellent site for **auto sales, service center, RV or powersports dealership, truck stop, or hotel**
* High traffic count with unbeatable **highway visibility**
* Flexible MUE zoning ideal for **retail, industrial, hospitality, or mixed-use development**
* Strong economic incentives—contact **EDCO or the City of Madras** for available programs
**Don’t miss this rare chance to secure a prime location in one of Central Oregon’s most visible commercial corridors.** Call your agent today for a full backup package and private showing.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
5,305 SF
Building Class
B
Year Built
1948
Price
$3,500,000
Price Per SF
$659.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.19 AC
Opportunity Zone
Yes
Zoning
MUE - See attached Backup Package. Many uses and one of the best zoning opportunities in Madras
AMENITIES
- Fenced Lot
- Freeway Visibility
- Signage
- Monument Signage
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 111314-DC-00900 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $273,040 |
PROPERTY TAXES
Parcel Number
111314-DC-00900
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$273,040
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1810 SW Highway 97
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