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Prime Commercial Opportunity in the Heart of Madras.
6,400 SF building on Hwy 97 with excellent visibility and easy access. Situated on a large parcel with excess land. Formerly used as a church, the property allows for high-capacity uses and offers remarkable versatility—ideal for church, event venue, community hall, or other commercial ventures.
The upper level features a stunning assembly hall with full-span wooden beams, wood floors, classroom/office, and restrooms. The lower level includes a large open room and a commercial kitchen, restrooms and a fireplace. Both levels have ground-level access due to hillside construction, providing flexible use and accessibility. Plenty of power available and a long list of upgrades.
A rare opportunity to own a high-profile property in a growing community with endless possibilities.
A rough estimate, not a quote. Loan amount $388,000 · $97,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
110 listings of every type for sale, 25 pending, 19 sold in the last 30 days. Point at a mark to read it, or slide the price.
In Madras, near Lake Billy Chinook.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
| Date | Event | Price |
|---|---|---|
| Dec 14, 2025 | Price drop | $470,000$15K down |
| Nov 19, 2025 | Listed | $485,000 |
$76 per sq ft
19 days on market. Madras median to pending is 53 days.
Tax $1,982 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Listing courtesy of eXp Realty, LLC, agent Krista Eastes, 888-814-9613
Data last updated September 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Median close price $385,000 in Aug 2026, down 4.5% from Aug 2025.
Mar 2024 to Aug 2026 (24 months) · Market Truth leftover, Madras city, monthly median close. Completed months only.
This home is listed at $485,000, 6.6% above the Madras median list price. See full Madras market →