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Industrial Building with Multiple Suites

500 NW Cherry Lane Madras, OR 97741

500 NW Cherry Lane, Madras, OR, 97741
$2,100,000
Pending
For Sale
$2,100,000
Pending

COMMERCIAL - Madras, OR

Property Size3,000 SF
Lot Size5.04 Acres
Days on Market101

Property Features for 500 NW Cherry Lane

General Information

Property type
Commercial Sale
Property subtype
Other
Exterior features
Rail Spur
Standard status
Pending
APN
13249
Size
3,000 SF
Lot size
5.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
22543

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
2019
Floors in Building
2
Number of units
3
Flooring type
Concrete, Vinyl, Carpet
Building materials
Steel Frame
Roof type
Metal
Listing agency RE/MAX Key Properties
Listed by Dan C Steelhammer
Added: Apr 13 Updated: Jul 9 at 12:47PM Checked: Jul 22 at 12:06PM
MLS# 220219163

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This modern industrial/ag building totals 16,400 square feet and is configured with multiple offices, a conference room, and a reception area. It also includes two industrial suites of approximately 4,800 square feet each. In addition, there is some semi-finished second-floor storage space. The property features five large grade-level roll-up doors. Supporting improvements include a scale house and a large outdoor storage building with no heat, built with a plastic skin, metal frame, and concrete bunks.

The site includes about 5.04 acres. The property is in the Airport Development zone, which allows many agricultural and industrial uses. The owner also currently leases adjacent property from the City of Madras to support rail spur access and additional yard area; a new owner can negotiate a similar lease if desired.

The building’s combination of office space, separate industrial suites, multiple roll-up doors, and outdoor storage makes it a practical fit for industrial operators and agricultural-related uses. The existing utility of the facility for distribution-type functions is supported by its prior use as a fertilizer distribution center, while the zone allows a range of agricultural and industrial applications.

Key Highlights

  • 16,400 SF modern industrial/AG building (built 2019) with multiple offices, conference room, reception, and two +/- 4,800 SF industrial suites
  • Includes 5 large grade level roll‑up doors plus some second‑floor semi‑finished storage areas
  • Steel frame construction with metal roof; flooring includes concrete, vinyl, and carpet

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Building Supply Storage Facility Pet Store Gym & Fitness Center Garden Center Restaurant Big Box & Wholesale Store

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

Similar Off Market Nearby

  • Safeguard RV & Boat Storage — 397 NW Cherry Ln, Madras, OR 97741
  • Mountain View RV & Mini Storage — 2086 NW Andrews Dr, Madras, OR 97741

FAQs

What type of property is this?
Warehouse - Modern industrial/ag facility with offices, two industrial suites, five grade-level roll-up doors, and extensive outdoor storage.
Where is this warehouse located?
The property is located at 500 NW Cherry Lane Madras, OR.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 16,400 SF modern industrial/AG building (built 2019) with multiple offices, conference room, reception, and two +/- 4,800 SF industrial suites; Includes 5 large grade level roll‑up doors plus some second‑floor semi‑finished storage areas; Steel frame construction with metal roof; flooring includes concrete, vinyl, and carpet
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