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    268 N 5Th St Madras, OR 97741

    For Sale
    $2,500,000

    F - Madras, OR

    Lot size:
    1.22 Acres
    Days on Market:
    71
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 268 N 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    APN
    10226
    Parking
    20
    Interior features
    Laminate Counters
    Lot size
    1.22 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1981
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block, Frame
    Roof type
    Composition
    Architectural style
    Other

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent Mike C. Ahern (888) 814-9613 License #200202246

    Listing date Oct 2, 2025

    MLS# 220205617 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

    Central Oregon Commercial Property For Sale

    This commercial property is located in Central Oregon, benefiting from high traffic volume of over 30,000 cars per day and easy traffic flows. The property includes a fueling station with 10 fueling stations, which was built in 1999 and is currently leased for nine more years, with the option to own the fueling station. The convenience store features two built-in walk-in coolers and a deli. A pub with lottery machines is located in the back of the store. The convenience store has been in continuous operation since 1968. The property is located across the street from a high-traffic McDonald's. The sale includes the business opportunity and all fixtures; inventory will be purchased separately. A small rental house is also included. The lot consists of three tax lots totaling 53,143 square feet, offering room for additional retail development. This is a turn-key operation ready for a new owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.130163
    Latitude
    44.640255

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    FAQs

    What type of property is this?
    Gas station - Turn-key gas station, convenience store, and pub in Madras, OR.
    Where is this gas station located?
    The property is located at 268 N 5Th St Madras, OR.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - High traffic location: Over 30,000 cars pass daily.; - Established business: Convenience store in continuous operation since 1968.; - Turn-key operation: Business opportunity and fixtures included in the sales price.
    (888) 814-9613
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    268 N 5Th St 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
    268 N 5Th St Madras, OR 97741
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