About 1451 Sw Olive Street
**For Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, OR** Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market. Room for additional growth up to 100 units.
Features of 1451 Sw Olive Street
| MLS® # | 220203015 |
|---|---|
| Price | $4,900,000 |
| Acres | 3.00 |
| Year Built | 2025 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1451 Sw Olive Street |
|---|---|
| City | Madras |
| County | Jefferson |
| State | OR |
| Zip Code | 97741 |
Amenities
| Parking | Asphalt, Gated, Gravel, RV Access/Parking, Parking Lot |
|---|---|
| View | Cascade Mountains, City, Mountain(s), Territorial |
| Is Waterfront | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | One |
| Basement | None |
Exterior
| Lot Description | Drip System, Fenced, Landscaped, Level, Sloped, Xeriscape Landscape |
|---|---|
| Roof | Metal |
| Construction | Steel Frame |
| Foundation | Slab |
Additional Information
| Date Listed | May 30th, 2025 |
|---|---|
| Days on Market | 254 |
| Zoning | MUE |
Listing Details
| Office | eXp Realty, LLC |
|---|