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    178 SW 5Th St Madras, OR 97741

    For Sale
    $999,000

    F - Madras, OR

    Lot size:
    0.34 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 178 SW 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C2
    APN
    111311AA06700
    Parking
    15
    Parking features
    Parking Lot
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1945
    Floors in Building
    2
    Flooring type
    Carpet, Concrete
    Building materials
    Brick, Concrete
    Roof type
    Membrane
    Architectural style
    Other

    RE/MAX Key Properties (541) 728-0033 [email protected]

    Listing agent Ryan Amerongen (541) 728-0033 License #201209792

    Listing date Jul 15, 2025

    MLS# 220205858 Listing URL

    Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building on Highway 97

    This is a large retail building located in Madras, Oregon, offering excellent exposure on 5th Street and Highway 97 North. The building features an open layout on the ground level, with additional basement space. The lot size is 0.34 acres. Onsite parking is available in the back parking lot, complementing the ample street parking. The property is zoned C2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.129954
    Latitude
    44.633795

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    FAQs

    What type of property is this?
    Retail space - Retail building with excellent exposure on 5th Street.
    Where is this retail space located?
    The property is located at 178 SW 5Th St Madras, OR.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Excellent exposure on 5th Street and Highway 97 North.; - Ample parking: street parking and onsite parking in the back parking lot.; - Large retail building with open layout on the ground level.
    (541) 728-0033
    Request Owner's contact information
    178 SW 5Th St Madras, OR 97741
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    Madras, OR 97741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    178 SW 5Th St Madras, OR 97741
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