Corner Commercial Development
For Sale
$529,000
NE Chestnut St, Madras, OR 97741
COMMERCIAL - Madras, OR
Property SizeContact for details
Lot Size2.94 Acres
Days on Market49
Property Features for NE Chestnut St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
View
Territorial, City
Directions
HWY 97
Subdivision
_340
Standard status
Active
APN
1018
Lot size
2.94 Acres
Taxes and HOA fees
Tax Description
Tax Map#: 111301BD03700
Tax Annual Amount
2259
Legal Description
Tax Map#: 111301BD03700
Listing Agency:
Keller Williams Realty Central Oregon
(541) 585-3760
Listed By:
Jason Luecker · License #201229316
(541) 760-3229
Added: Jul 3
Changed: Aug 4
Last Checked: Aug 20 at 8:06AM
MLS# 172210632
Copyright © 2026 Regional Multiple Listing Services. 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 listing offers a level 2.94-acre corner commercial parcel in C1 zoning. The property has multiple street frontages, and public utilities are stated as available at the street. Seller-proposed storage facility plans are available upon an accepted offer, subject to buyer review. The seller also states that the buyer should complete their own due diligence with the City of Madras regarding permitted uses and development requirements.
The parcel fronts HWY 97 and also has frontage along Chestnut St and NE 10th St. The seller describes the location as high-traffic and close to other established businesses, shopping, and services in Madras, Oregon.
For tenants and developers, the combination of C1 zoning, multiple frontages, and availability of utilities supports a range of commercial development considerations, pending City of Madras approval. The availability of storage facility plans may be useful for buyers evaluating self-storage or related uses, while other concepts can be validated through the permitting process. The seller indicates owner carry may be available with a substantial down payment, and buyers should verify financing and feasibility requirements as part of their due diligence.
The parcel fronts HWY 97 and also has frontage along Chestnut St and NE 10th St. The seller describes the location as high-traffic and close to other established businesses, shopping, and services in Madras, Oregon.
For tenants and developers, the combination of C1 zoning, multiple frontages, and availability of utilities supports a range of commercial development considerations, pending City of Madras approval. The availability of storage facility plans may be useful for buyers evaluating self-storage or related uses, while other concepts can be validated through the permitting process. The seller indicates owner carry may be available with a substantial down payment, and buyers should verify financing and feasibility requirements as part of their due diligence.
Key Highlights
- 2.94‑acre corner parcel in Madras with frontage along Hwy 97, Chestnut St, and NE 10th St
- Public utilities are available at the street
- Seller has proposed storage facility plans available upon an accepted offer
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Explore this area
Business Placement
Demographics for 97741, OR
13,753
Population
4,777
Households
2.9
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
363.9 sq mi
ZIP Area
38
Density / Sq Mi
$69,696
Median Household Income
$37,641
Median Earnings
$993
Median Rent
$308,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Level corner parcel with C1 zoning and street utilities, offering multiple frontages for commercial development in Madras.
Where is this commercial land located?
The property is located at NE Chestnut St Madras, OR.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: 2.94‑acre corner parcel in Madras with frontage along Hwy 97, Chestnut St, and NE 10th St; Public utilities are available at the street; Seller has proposed storage facility plans available upon an accepted offer
