246 E Chestnut Street Madras, OR
$ 375,000
Property Attributes
  • MLS#220115460
  • TypePending
  • CityMadras
  • Zip97741
  • StyleCommercial
  • Taxes1921
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.94 Acres
Listing Provided Courtesy Of:
The Hasson Company
Data Source:
Multiple Listing Service of Central Oregon
Property Description

This nearly 3 acre parcel falls within one of the Oregon Opportunity Zones (OZ). OZs can deliver significant tax savings on medium to long term investments. Permits were fully approved in 2020 for the construction of 315 self storage units, plus manager's quarters. Construction estimate was completed about 18 months ago. Estimate includes full fencing, a security gate, and cameras for 24/7 monitoring. The buildings would be metal construction by Mako Steel, and are surrounded by asphalt to make access clean and easy. Renewal of the permits can be done in 3-4 months.

Elementary School Middle School High School
Madras Elementary Jefferson County Middle Madras High
Price History
1/25/2021 Listed $375,000

General Features

Association? No
Current Use Vacant
Property Type D
Section Not Applicable
Sewer Public Sewer
Sub Type Commercial
Subdivision Name N/A
Utilities Electricity Available, Natural Gas Available
View Territorial
Zoning C1

Exterior Features

Garage Y/N No
Lot Description Corner Lot, Level
Lot Size Acres 2.94
Lot Size Square Feet 128066.00
Road Surface Type Paved
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97741

AVG $440K
AVG $2,329
AVG 78
AVG 29
Data Provided by Walkscore ® not using MLS data

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