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    520 S 5Th St Madras, OR 97741

    Pending
    For Sale
    $485,000

    F - Madras, OR

    Lot size:
    0.83 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 520 S 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    C2
    APN
    10104
    Parking
    40
    Parking features
    Driveway, Parking Lot
    Interior features
    Dual Flush Toilet(s), Vaulted Ceiling(s)
    Fireplace
    1
    Lot size
    0.83 Acres

    Utilities

    Heating system
    Baseboard, Fireplace(s), Heat Pump (Heating), Natural Gas, Wood (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1952
    Floors in Building
    2
    Flooring type
    Concrete, Hardwood
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

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

    Listing agent Krista L. Eastes (888) 814-9613 License #201205067

    Listing date Nov 21, 2025

    MLS# 220208374 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

    Madras Commercial Opportunity on Highway

    This 6,400 SF commercial building is located in Madras, Oregon. Situated on a large parcel with excess land, the property has excellent visibility and easy access on Hwy 97. Formerly used as a church, the property allows for high-capacity uses and offers versatility for church, event venue, community hall, or other commercial ventures. The upper level features an assembly hall with full-span wooden beams, wood floors, a classroom/office, and restrooms. The lower level includes a large open room, a commercial kitchen, restrooms, and a fireplace. Both levels have ground-level access due to hillside construction, providing flexible use and accessibility. The property has plenty of power available and a long list of upgrades. The property is zoned C2 and sits on a 0.83 acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    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
    -121.129126
    Latitude
    44.629896

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    FAQs

    What type of property is this?
    Church & religious facility - 6,400 SF building on Hwy 97 with excellent visibility.
    Where is this church & religious facility located?
    The property is located at 520 S 5Th St Madras, OR.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: - High-visibility location on Hwy 97 in Madras.; - Versatile 6,400 SF building suitable for various commercial uses (church, event venue, etc.).; - Large parcel with excess land for expansion or other development.
    (888) 814-9613
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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
    520 S 5Th St Madras, OR 97741
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