About 1456 Sw Olive St
**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.
Features of 1456 Sw Olive St
| MLS® # | 122483260 |
|---|---|
| Price | $5,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 51,675 |
| Acres | 3.00 |
| Year Built | 2025 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 1456 Sw Olive St |
|---|---|
| Area | 340 - Jefferson County |
| City | Madras |
| County | Jefferson |
| State | OR |
| Zip Code | 97741 |
Amenities
| Parking Spaces | 50 |
|---|---|
| Parking | Off Street, Secured |
| View | City, Mountain(s), Territorial |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Metal Frame |
Additional Information
| Date Listed | June 1st, 2025 |
|---|---|
| Days on Market | 145 |
| Zoning | MUE |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty LLC |
|---|