$899,000
1/53 BD · 2 BA · 1,704 SF · 6.1 AC
998 NE Brown Drive
Madras, OR 97741
#220226274 01 / 42
For sale Price cut $24K on Apr 16
$875,000
1810 US-97
Madras, OR 97741
- Baths
- 0
- Acres
- 1.19
- Built
- 1948
Est. $5,212/mo~66 min to downtown Bend (approx.)
Listing by eXp Realty, LLC · 888-814-9613
MLS# 220194186 · Active
01
About this home
Amazing investment opportunity, across from the Ford dealership & within site of the Chevrolet dealership. 1.19 ac. Security fenced, highway frontage & direct access to US-97/26 . Fully remodeled offices, kitchen and Showroom has 3,455sq.ft. 2 - restrooms and 2 bathrooms. Spacious kitchen and lunchroom. Heated with mini-split and gas heat as supplemental. 3 bay, heated and cooled warehouse space has 1,850sq.ft. MUE zoning allows many different business scenarios. Retail or ??. Contact Economic Development of Central Oregon (EDCO) or The City of Madras to investigate awesome incentives & opportunities available on this property. See additional attached documentation for zoning info. Additional, adjacent, property (MUE Zoning) is available if buyer needs additional space. Current Business is relocating and is not included in sale.
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03
Price history
Cut $24K| Date | Event | Price |
|---|---|---|
| Apr 16, 2025 | Price cut−$24,000 (2.7%) | $875,000 |
| Jan 6, 2025 | Listed for sale | $899,000 |
From the MLS: original list price and latest price change. 638 days on market.
04
Drive times
~66 min to downtown Bend- Smith Rock State Park~33 min · 21.8 mi
- Redmond Airport (RDM)~44 min · 32 mi
- Sisters~52 min · 39 mi
- St. Charles Bend~64 min · 49.1 mi
- Downtown Bend~66 min · 50.9 mi
- Old Mill District~67 min · 51.9 mi
- Mt. Bachelor~84 min · 66.8 mi
- Sunriver Village~86 min · 68.6 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1948- Year built
- 1948
- Lot
- 1.19 AC · 51,836 SF
- HOA
- None reported
- Taxes
- $5,513/yr
- County
- Jefferson
- Days on market
- 638
- MLS #
- 220194186
- Interior
- Laminate Counters · High Speed Internet
- Flooring
- Concrete · Laminate
- Heating
- Ductless · Electric · Forced Air · Natural Gas · Zoned
- Cooling
- Evaporative Cooling · Wall/Window Unit(s) · Zoned · Ductless
- Parking
- Asphalt · Driveway · Gated · Gravel · RV Access/Parking
- View
- Mountain(s) · Territorial
- Lot
- Fenced · Level · Landscaped · Sloped · Sprinklers In Front
- Construction
- Frame
- Roof
- Asphalt · Membrane · Metal
06
Location & schools
Madras44.6103° N · 121.1378° W
Directions07
Monthly payment
$5,212/mo$5,212/mo
$700,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $4,424
- Property tax (listing)
- $459
- Home insurance (est.)
- $328
20% · $175,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220219879Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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