Conventional Restaurant

Madras, OR Conventional Restaurants for Sale

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Metolius, OR Culver, OR Terrebonne, OR Ashwood, OR Prineville, OR Powell Butte, OR Redmond, OR
Freestanding Absolute NNN Property
Updated: Aug 28
Freestanding Absolute NNN Property

237 SW 4th St, Madras, OR 97741

$2,430,000
3,960 sqft
3,960‑square‑foot freestanding restaurant property
Single‑tenant absolute NNN lease structure
Black Bear Diner has operated at the site for 26 years
Base lease term runs through 2035
Two five‑year renewal options extend the lease to 2045
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Dairy Queen Drive-Through Restaurant
Updated: Apr 12
Dairy Queen Drive-Through Restaurant

483 SE 5th St, Madras, OR 97741

Contact for pricing
3,192 sqft 0.69 AC lot
3,192‑square‑foot Dairy Queen restaurant on a 30,056‑square‑foot lot
Built in 1977 and renovated in 2018
New 20‑year absolute‑net lease planned at closing
7.5% rent increases every 5 years, including four 5‑year extension options
Lease backed by an 11‑unit guaranty
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Turn-Key Restaurant with Patio Seating
Turn-Key Restaurant with Patio Seating

101 SW 5th St, Madras, OR 97741

Contact for pricing

Restaurant space is equipped with yogurt machines and seating for 16, plus ADA restrooms and outdoor seating.

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See what stands out in Jefferson County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Madras, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cafe Restaurant with Equipment
Cafe Restaurant with Equipment

505 MAIN St, Fossil, OR 97830

$209,880
1,260 sqft 0.04 AC lot

C-1-zoned food-service property with inventory and equipment included in the sale.

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Established Café and Restaurant
Established Café and Restaurant

505 Main ST, Fossil, OR 97830

$209,880
1,260 sqft

Operating food-service business with included inventory and equipment in Fossil, Oregon.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

62910 Ob Riley Rd, Bend, OR 97703

$2,550,000
11,024 sqft

Includes a leased restaurant, adjacent office buildings, and an adjoining vacant lot.

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Mixed-Use Plaza with Offices
Mixed-Use Plaza with Offices

62910 O.B. Riley Road, Bend, OR 97703

$2,550,000
11,024 sqft 1.69 AC lot

Restaurant, office, and vacant-lot components create a multi-tenant commercial property with public utilities and assigned parking.

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Madras, OR Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Madras, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,152 square feet of properties for sale, with an estimated market value of $2,430,000.

Sale prices for conventional restaurants in Madras, OR average $2,430,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Drive through restaurants 1

Demographics Overview

Population 14K
Population Growth (5Y) +11.4%
Median Household Income $69,696
College Educated 27.9%

High-Yield Neighborhoods for Investment

Identify Madras submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97741 $2.4M

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $24.62 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Jefferson County

Retail

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