1. Oregon
  2. Madras
  3. 510 SW Colfax Lane
$2,800,000

510 SW Colfax Lane, Madras, OR 97741

  • 3,465 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon16.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $808/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

ATTENTION INVESTORS! 16.43 Ac of MUE with amazing location at the corner of Colfax and US 97 and hwy 26 with an average daily vehicle count of over 17,000. Annexed into the city of Madras and sewer main near the property line, This property is a huge opportunity. Property zoning MUE allows Large retail complex or Travel Center, or Hotel or light manufacturing or vehicle dealership or ? Total of 3,465sq.ft. and includes the following: 2,217sq.ft. house (5 bed 3 bath with mother in-law quarters), and 1,248sq.ft. Shop. Call your agent for the backup package and showing. Property is currently being used for residential. Main Zoning is MUE. Seller also has package deal available see listing 1820 US-97

Listing Status:
Active
Date Added:
April 18, 2025 at 05:00AM
Listing Office:
eXp Realty, LLC : 503-915-8271
MLS ID:
220199895
  • General: Laminate CountersHigh Speed Internet
  • Basement: None
  • Flooring: HardwoodTileVinyl
  • A/C: Central Air
  • Heating: Forced AirNatural Gas

This listing courtesy of eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Buff Elementary School

375 SE Buff St, Madras, OR, 97741

Grades KG-5

1.71 miles away

J

Jefferson County Middle School

1180 SE Kemper Way, Madras, OR, 97741

Grades 6-8

2.51 miles away

B

Bridges High School

410 SW 4th St, Madras, OR, 97741

Grades 9-12

1.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.