NE Chestnut Street, Parcel #: 1018, Madras, OR 97741

$529,000
Property Type: Land Lot Size (sq. ft.): 128,066 Status: Active
Current Price: $529,000 List Date: 7/02/2026 Last Modified: 10/17/2026

Overview

Description

Exceptional commercial development opportunity in Madras! This level 2.94-acre corner parcel offers outstanding visibility with frontage along HWY 97, Chestnut St, and NE 10th St. Public utilities are available at the street and the high-traffic location is close to other established businesses, shopping, and services. Seller's proposed storage facility plans are available upon an accepted offer. Buyer to perform their own due diligence with the City of Madras regarding permitted uses and development requirements. Owner will carry with a substantial down payment. Imagine the potential for your commercial business! One of the listing agents is related to the seller, part owner, and a licensed broker in the state of Oregon

Listing Details MLS# 220224494

General Property Information

Property Sub Type
Commercial
Elementary School
Madras Elementary
Middle Or Junior School
Jefferson County Middle
High School
Madras High
Zoning
C1 - Commercial
Tax Annual Amount
2258.96
Tax Year
2025
Potential Tax Liability YN
No
Assessment YN
No
Irrigation Water Rights YN
No
CC&R's YN
No
Association YN
No
Senior Community YN
No
Preferred Escrow Company & Officer
Western Title & Escrow - Nicole McGraw
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Current Use: Commercial; Vacant Fencing: None Flood: N/A Government Overlay: Opportunity Zone Irrigation Distribution: None Lot Features: Corner Lot; Level Road Frontage Type: Shared Access Road Surface Type: Paved View: Neighborhood; Territorial Power Production: None Sewer: Public Sewer Utilities: Electricity Available Utilities Location: At Street Water Source: Public Documents on File: Aerial Photos Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Dir Prefix
NE
Street Name
Chestnut
Street Suffix
Street
County
Jefferson
State
OR
Postal Code
97741
Subdivision Name
N/A

Contract Information

Original List Price
529000
List Price per Acre
179931.97
Listing Contract Date
2026-07-02

Remarks and Miscellaneous

Public Remarks
Exceptional commercial development opportunity in Madras! This level 2.94-acre corner parcel offers outstanding visibility with frontage along HWY 97, Chestnut St, and NE 10th St. Public utilities are available at the street and the high-traffic location is close to other established businesses, shopping, and services. Seller's proposed storage facility plans are available upon an accepted offer. Buyer to perform their own due diligence with the City of Madras regarding permitted uses and development requirements. Owner will carry with a substantial down payment. Imagine the potential for your commercial business! One of the listing agents is related to the seller, part owner, and a licensed broker in the state of Oregon
Directions
Located on NE Highway 97 at the North end of Madras near the 'Y'. Head NE on Hwy 97 toward The Dalles/Maupin, turn right on NE Chestnut St. Lot is vacant 2.94-acre lot on left.

Status Change Information

Status Change Timestamp
2026-07-02

More Information

Listing Office: Keller Williams Realty Central Oregon
Last Updated: October - 17 - 2026
Information deemed reliable but not guaranteed.