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$2,000,000 Sale Pending

  • For Sale
  • Pending
  • Commercial Service
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This property is one of the best commercial properties in Central Oregon. Over 30,000 cars a day pass. Easy traffic flows. The fueling station is leased for nine more years and was built in 1999 with 10 fueling stations. Or you can own the fueling station if desired. The convenience store is a perfect size with two built-in walk-in coolers and a deli. There is a busy pub with lottery machines in the back of the store. The convenience store has been in continuous operation since 1968! Across the street is one of the busiest McDonald's in all of the Northwest. The business opportunity and all of the fixtures are included in the sales price. The inventory is to be purchased outside of closing. This is a turn-key operation ready for a new owner. Small rental house is also included. The lot is three tax lots totaling 53,143 square feet. There is room for more retail growth. Seller is owner of the property

Full Property Details for 268 N 5th St

General

  • Price: $2,000,000
  • Taxes: $16,944 (2024)
  • Status: Pending
  • Type: Commercial Service
  • Source: ODS
  • MLS ID: 220205617
  • Updated: 3/6/2026
  • Added to Site: 322 day(s) ago

Interior

  • Interior Features: Laminate Counters
  • Flooring: Tile

Parking

  • Total Spaces: 20
  • Parking Features: Asphalt
  • Parking: Primary Suite

Location

  • Area: 6524
  • County: Jefferson
  • Cross Streets: Poplar
  • Driving Directions: Just North of the North Madras intersection of highway 97 and 26.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Electric, Heat Pump, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public, Water Meter

Structural Information

  • Construction: Block, Frame
  • Basement Desc.: None
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: No Common Walls
  • Windows: Aluminum Frames
  • Stories/Levels: 1
  • Square Feet: 6,524
  • Sq. Ft. Source: Assessor
  • Year Built: 1981

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Property View: City, Neighborhood, Territorial
  • Lot Size (Acres): 1.22
  • Lot Size (Sq. Ft.): 53,143
  • Frontage: Shared Access
  • Street/Road Desc.: Paved
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Zoning: C1

Financial Considerations

  • Price Per Sq. Ft.: $306.56
  • Tax Amount: $16,944
  • Tax Year: 2024
  • Terms: Cash, Owner Will Carry
  • Tenant Pays: Insurance, Repairs, Water

Disclosures and Reports

  • Special Conditions: Standard
  • Multiple Parcels: Yes
  • Exclusions: inventory, gas pumps
  • Inclusions: fixtures, equipment
  • APN: 10226
  • Section: Not Applicable
  • Lot Number: 2902

Listed by eXp Realty, LLC (888) 814-9613, Mike C. Ahern (888) 814-9613

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Listing agent

— 268 N 5th St —

  • Mike C. Ahern

    eXp Realty, LLC

    888-814-9613

541-420-9000

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Be ready to buy your new home!

with our affiliated lender
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 268 N 5th St

School District:Jefferson County School District 509j
NameGradesDistance
Madras Elementary School
215 Southeast 10th Street, Madras, OR 97741
K-50.6 mi
Jefferson County Middle School
1180 Southeast Kemper Way, Madras, OR 97741
6-81.3 mi
Madras High School
390 Southeast 10th Street, Madras, OR 97741
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 268 N 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/22/2026
Price Reduced
$2,000,000
-16.67%
MLS
1/02/2026
Price Reduced
$2,400,000
-4%
MLS
10/20/2025
Price Reduced
$2,500,000
-7.41%
MLS
7/10/2025
Listed
$2,700,000
—
MLS
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 268 N 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,940
2%
$386,520
8%
2024
$7,804
7%
$358,500
-2%
2023
$7,310
1%
$364,340
3%
2022
$7,202
4%
$353,730
3%
2021
$6,896
2%
$343,430
3%
2020
$6,751
4%
$333,430
3%
2019
$6,514
3%
$323,720
3%
2018
$6,308
4%
$314,300
3%
2017
$6,039
13%
$305,160
3%
2016
$5,345
1988%
$296,280
2204%
2014
$256
—
$12,860
—
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.

Estimate the Cost for 268 N 5th St

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NMLS#: 1598647

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Listed by eXp Realty, LLC (888) 814-9613, Mike C. Ahern (888) 814-9613

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268 N 5th Street, Madras, OR 97741 (MLS# 220205617) is a Commercial Service property. 268 N 5th Street is currently listed for $2,000,000 and was received on July 10, 2025. Want to learn more about 268 N 5th Street? Do you have questions about finding other Commercial Service 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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