Madras, OR 97741,651 N HIGHWAY 26
Madras, OR 97741,651 N HIGHWAY 26
Madras, OR 97741,651 N HIGHWAY 26
Madras, OR 97741,651 N HIGHWAY 26
Madras, OR 97741,651 N HIGHWAY 26
Madras, OR 97741,651 N HIGHWAY 26
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Listed by Oregon First
$ 4,600,000
Est. payment | /mo

36,824 SqFt


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$ 4,600,000
Est. payment | /mo
Save

36,824 SqFt

Key Details

Property Type Commercial

Sub Type Hotel Motel

Listing Status Active

Purchase Type For Sale

Square Footage 36,824 sqft

Price per Sqft $124

MLS Listing ID 740472397

Year Built 1988

Annual Tax Amount $47,967

Tax Year 2024

Lot Size 7.500 Acres

Property Sub-Type Hotel Motel

Property Description

Exceptional hospitality investment opportunity. This well-maintained 100-key Econo Lodge is strategically positioned in a highly desirable location with excellent visibility and easy access to major highways, shopping, dining, and local attractions.Property Highlights: 100 guest rooms with consistent occupancy,Covered indoor swimming pool, Strong national brand affiliation, High-traffic, high-demand area, Ample surface parking, On-site guest amenities and laundry, Brand New Roof. Value-add potential through upgrades and management improvementsIdeal for investors seeking a stable, cash-flowing hospitality asset with long-term appreciation potential.

Location

State OR

County Jefferson

Area _340

Zoning C1

Interior

Heating Heat Pump

Cooling Window Unit

Exterior

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)
Stephanie Peters

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 799-0220

stephanie@thepeterscollective.com

2175 NW Raleigh St, Portland, OR, 97210, USA

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651 N HIGHWAY 26