Waterfront - Seller Financing
Address
8576 Nw Mecca Road, Madras, OR
Price
$ 1,250,000
Property Attributes
  • MLS#220225168
  • TypeCommercial
  • Listing Status Active
  • CountyJefferson
  • CityMadras
  • AreaNot Applicable
  • Zip97741
  • Style
  • Year Built1962
  • Taxes$ 5126
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage470
  • Lot Size3.78 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description

This is your chance to own an income property on the beautiful Deschutes River. 17 spaces that lease for around $500.00 a month. Nice common laundry with two commercial coin-operated washers and dryers and a bathroom. Besides the 16 trailer spaces, there is a small stick-built cabin. The property includes a riverfront frame house that needs remodeling. Fix this house up and live on the river while you bring in $8,000 a month! The infrastructure has been upgraded and well maintained. These types of investments are hard to find, act fast! Please no not 'drive through'. We want to respect the privacy of the tenants.

Price History
7/12/2026 Listed $1,250,000

General Features

Sewer Private Sewer,Standard Leach Field
Heating Ductless,Electric
Cooling Ductless
Roof Metal
Construction Materials Frame
Year Built 1962
View River,Territorial
Levels One
Tax Year 2025
Gross Income 96000
OwnerPays Common Area Maintenance,Electricity,Insurance,Janitorial Service,Repairs,Sewer,Taxes,Water
Waterfront Features River Front
County Jefferson
Net Operating Income 66780
Operating Expense 29240
New Construction false
Property Type Commercial Sale
Attached Garage false
Subdivision Name N/A
Status Active
Directions Out of Madras on Highway 26 North to Portland, when you arrive at the bridge to Warm Springs turn right. The park is on the left. Many trees provide privacy and shade.
City Madras
Zoning Description ERD
Number Of Units Total 17
Lot Size Units Acres
Lot Size Square Feet 164656.8
Tax Annual Amount 5126.72
Additional Parcels Y/N false
Structure Type House
Standard Status Active
Tax Lot 300
Cap Rate 5.3
AttributionContact 541-420-9000
Year Established 1948

Interior Features

Basement None
Flooring Vinyl
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Heating-Ductless true

Exterior Features

Parking Features No Garage
Lot Features Landscaped,Level
Water Source Well
Inclusions washers/dryers
Lot Size Area 3.78
Foundation Details Stemwall
Building Area Total 470
Lot Size Acres 3.78
Road Surface Type Gravel
Waterfront Y/N true
Road Frontage Type Shared Access

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 97741

Price
AVG $3.98M
$1.25M
Taxes
AVG $6,547
$5,126
Year Built
AVG 1980
1962