268 N 5th Street, Madras, OR 97741 | MLS #220205617 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of eXp Realty, LLC- MLS# 220205617MLS ProviderContact Information: 541-420-9000

268 N 5th StreetMadras, OR 97741

Commercial · 6,524 Sq. ft. | 1.22 Acres
$2,000,000 Pending

268 N 5th Street Overview

Time on Site:
354 days
Visits:
27

This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass. Easy traffic flows. The fueling station is leased for nine more years and was built in 1999 with 10 fueling stations. Or you can own the fueling station if desired. The convenience store is a perfect size with two built-in walk-in coolers and a deli. There is a busy pub with lottery machines in the back of the store. The convenience store has been in continuous operation since 1968! Across the street is one of the busiest McDonald's in all of the Northwest. The business opportunity and all of the fixtures are included in the sales price. The inventory is to be purchased outside of closing. This is a turn-key operation ready for a new owner. Small rental house is also included. The lot is three tax lots totaling 53,143 square feet. There is room for more retail growth. Seller is owner of the property

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268 N 5th Street Facts & Features

  • Type Commercial
  • Sq. ft. 6,524
  • Price/Sq.ft. $307
  • Lot 1.22 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1981
  • Year Established: 1968

Business Information

  • Number Of Full Time Employees: 2
  • Number Of Part Time Employees: 1

Location/Region

  • County Or Parish: Jefferson

Rent/Lease Information

  • Tenant Pays: Insurance,Repairs,Water

Tax Information

  • Tax Annual Amount: 16944.0
  • Tax Year: 2024

General Information

  • Exclusions: inventory, gas pumps
  • Inclusions: fixtures, equipment
  • Listing Terms: Cash,Owner Will Carry
  • Parcel Number: 10226
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 6524.0

General Information

  • Basement: None
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Foundation Details: Slab
  • Interior Features: Laminate Counters
  • Levels: One
  • Window Features: Aluminum Frames

Exterior

Parking Information

  • Parking Features: Asphalt

Lot Information

  • Additional Parcels Description: 260 N 5th, 111302DA TL#2901, 265 N 4th, 111302DA LT#2902
  • Additional Parcels: true
  • Lot Features: Landscaped,Level,Sprinklers In Front
  • Lot Size Acres: 1.22
  • Lot Size Area: 1.22
  • Lot Size Square Feet: 53143.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public,Water Meter

Waterfront/View

  • View: City,Neighborhood,Territorial

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block,Frame
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Other Structures: Guest House
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer

268 N 5th Street Neighborhood

Community

97741 (Madras) Demographics

40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

268 N 5th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

268 N 5th Street Market Data

Based on the last 30 days in this zip code

$464,993
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

268 N 5th Street History

Date Event Value Agent
3/6/2026Source: Oregon Datashare Status Change
Pending
2/22/2026Source: Oregon Datashare Price Reduction
$2,000,000 -16.7%
1/2/2026Source: Oregon Datashare Price Reduction
$2,400,000 -4.0%
10/2/2025Source: Oregon Datashare Price Reduction
$2,500,000 -7.4%
7/10/2025Source: Oregon Datashare Added to Database
July 10, 2025