$525,000
1/53 BD · 3 BA · 2,025 SF · 1.08 AC
791 SE Grizzly Road
Madras, OR 97741
#220228915 01 / 13
For sale
$529,000
NE Chestnut Street #Parcel #: 1018
Madras, OR 97741 · N/A
- Baths
- 0
- Acres
- 2.94
Est. $3,062/mo~69 min to downtown Bend (approx.)
Listing by Keller Williams Realty Central Oregon · 541-585-3760
MLS# 220224494 · Active
01
About this home
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
02
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03
Price history
97 days, no changes| Date | Event | Price |
|---|---|---|
| Jul 1, 2026 | Listed for sale | $529,000 |
From the MLS: original list price and latest price change. 97 days on market.
04
Drive times
~69 min to downtown Bend- Smith Rock State Park~36 min · 24.9 mi
- Redmond Airport (RDM)~48 min · 35.1 mi
- Sisters~56 min · 41.8 mi
- St. Charles Bend~67 min · 52.3 mi
- Downtown Bend~69 min · 54.1 mi
- Old Mill District~71 min · 55.1 mi
- Mt. Bachelor~87 min · 69.9 mi
- Sunriver Village~90 min · 71.8 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
- Type
- Commercial
- Lot
- 2.94 AC · 128,066 SF
- HOA
- None reported
- Taxes
- $2,259/yr
- Subdivision
- N/A
- County
- Jefferson
- Days on market
- 97
- MLS #
- 220224494
- View
- Territorial · Neighborhood
- Lot
- Corner Lot · Level
- Utilities
- Electricity Available
06
Location & schools
N/A44.6446° N · 121.1242° W
Directions- Elementary
- Madras Elementary
- Middle
- Jefferson County Middle
- High
- Madras High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$3,062/mo$3,062/mo
$423,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,675
- Property tax (listing)
- $188
- Home insurance (est.)
- $198
20% · $105,800
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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#220226540Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 12:01 PM.
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