# 500 NW Cherry Lane, Madras, OR 97741

> **TL;DR:** commercial, $2,100,000 ($700/sqft), built 2019, 3,000 sqft.
> A/C. Est. $9,100/mo. Listed 49 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,100,000 |
| Price/sqft | $700 |
| Square Feet | 3,000 |
| Year Built | 2019 |
| Lot Size | 219,542 sqft (5.04 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 49 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,100 |
| **Total** | **$9,100** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2019
- 5.04 acre lot
- 2 stories

## Description

### Agent Description
Modern Industrial/Ag buildings. 16400 square foot building includes multiple offices, conference room, reception and two +/- 4800 square foot industrial suites. Also includes some second floor semi-finished storage areas. 5 large grade level roll up doors. Additional scale and scale house and large outdoor storage building (no heat) plastic skin metal frame concrete bunks. Was formerly a fertilizer distribution center, could have many uses going forward. In the Airport Development zone, allowing many agricultural and industrial uses. Owner leases adjacent property from City of Madras for rail spur access and additional yard area. New owner can negotiate similar lease| with the City if desired.

## Location

- **Address:** 500 NW Cherry Lane, Madras, OR 97741
- **County:** Jefferson
- **Coordinates:** 44.665223, -121.141609
- **Google Maps:** https://www.google.com/maps?q=44.665223,-121.141609

## Listing Agent

- **Name:** Dan C Steelhammer
- **Brokerage:** RE/MAX Key Properties
- **Phone:** 5417280033
- **Email:** marketing@rmkporegon.com

## Primary Photo

![500 NW Cherry Lane - Primary Photo](http://lh.rdcpix.com/1fa27a27d0506747b6a0c4f84f46dce5l-f2765092309r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/500-nw-cherry-lane-madras-or-97741-20219163)*

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**MLS#:** 220219163 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/500-nw-cherry-lane-madras-or-97741-20219163)

---

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