
This nearly 3-acre corner commercial lot is ready for your future development! This highly-visible lot is flat and shovel ready. As a part of the Oregon Opportunity Zone (OZ), this property offers potential tax incentives for investors to encourage mid and long-term investments through a federal tax incentive. Road frontage is paved along both Chestnut and Hwy 97, and is also paved along the back of property on 10th St. Utilities are available at the street. This lot is located close to Safeway, Les Schwab Tire Center, Human Bean coffee shop, Subway, McDonalds, and Wild Winds Station. It gets plenty of drive-by traffic from Highway 97. Imagine the potential for your commercial business!

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The owner's plans of a storage facility are available upon request with an accepted offer. Buyer should do their own due diligence with the City of Madras. One of the listing agents is a licensed broker in the state of Oregon.
Listing courtesy of Keller Williams Realty Central Oregon, agent Jason Luecker
Data last updated July 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.
This home is listed at $529,000 — 32.3% above the Madras median. See full Madras market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $423,000 · $106,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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