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$899,000 -$100,000 (-10.01%) Price Reduced

  • For Sale
  • Active
  • Retail
  • Updated 2 days ago
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Large retail building with excellent exposure on 5th Street and Highway 97 North in Madras. Approximately half of the space is an open layout on the ground level and the remaining square footage is downstairs basement space. Ample street parking as well as onsite parking in the back parking lot.

Full Property Details for 178 S 5th St

General

  • Price: $899,000
  • Taxes: $5,070 (2024)
  • Status: Active
  • Type: Retail
  • Source: ODS
  • MLS ID: 220205858
  • Updated: 1/13/2026
  • Added to Site: 184 day(s) ago

Interior

  • Flooring: Carpet, Concrete

Parking

  • Total Spaces: 15
  • Parking Features: Asphalt, Parking Lot
  • Parking: Primary Suite

Location

  • Area: 19716
  • County: Jefferson

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Ductless

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Concrete
  • Foundation: Other
  • Roof: Membrane
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Stories/Levels: 2
  • Square Feet: 19,716
  • Sq. Ft. Source: Appraiser
  • Year Built: 1945

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810
  • Zoning: C2

Financial Considerations

  • Price Per Sq. Ft.: $45.6
  • Tax Amount: $5,070
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 9429
  • Section: Not Applicable

Listed by RE/MAX Key Properties (541) 728-0033, Ryan Amerongen (541) 213-8967

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Listing agent

— 178 S 5th St —

  • Ryan Amerongen

    RE/MAX Key Properties

    541-728-0033

(541)213-8967

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 178 S 5th St

School District:Jefferson County School District 509j
NameGradesDistance
Madras Elementary School
215 Southeast 10th Street, Madras, OR 97741
K-50.3 mi
Jefferson County Middle School
1180 Southeast Kemper Way, Madras, OR 97741
6-81.2 mi
Madras High School
390 Southeast 10th Street, Madras, OR 97741
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 178 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$899,000
-10.01%
MLS
7/15/2025
Listed
$999,000
149.75%
MLS
11/17/2020
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 178 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$375
2%
$18,240
3%
2024
$368
7%
$17,710
3%
2023
$345
1%
$17,200
3%
2022
$340
4%
$16,700
3%
2021
$326
100%
$16,220
100%
2020
100%
100%
2019
100%
100%
2018
100%
100%
2017
-100%
-100%
2016
$2,590
—
$131,920
3%
2016
$2,590
—
$128,080
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by RE/MAX Key Properties (541) 728-0033, Ryan Amerongen (541) 213-8967

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178 S 5th Street, Madras, OR 97741 (MLS# 220205858) is a Retail property. 178 S 5th Street is currently listed for $899,000 and was received on July 15, 2025. Want to learn more about 178 S 5th Street? Do you have questions about finding other Retail real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.

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