Listing provided courtesy of eXp Realty, LLC- MLS# 220224360
Contact Information: 503-915-8271
Contact Information: 503-915-8271New
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590 Jefferson AvenueMetolius, OR 97741
Commercial · 960 Sq. ft. | 0.11 Acres$425,000
Active
590 Jefferson Avenue Overview
- Time on Site:
- 2 hours
- Visits:
- 0
Turnkey laundromat opportunity in Metolius, Oregon! This established business features 15 commercial washers, 11 gas dryers, vending income, and a well-maintained facility with a TPO roof, gas furnace, and boiler system. Significant updates were completed approximately 10 years ago, and the equipment and building are reported to be in excellent condition. Ideal for an owner-operator seeking a stable, easy-to-manage business with an established customer base and room for future growth. The straightforward business model offers the opportunity to build equity while serving the local community. Real estate, building, and equipment are included in the sale. A rare opportunity to own an established income-producing business in Central Oregon. Current Tenant will not continue to lease after sale.
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590 Jefferson Avenue Facts & Features
- Type Commercial
- Sq. ft. 960
- Price/Sq.ft. $443
- Lot 0.11 Acres
Details
General
Income/Expenses
- Gross Income: 65500.0
- Net Operating Income: 51592.0
- Operating Expense: 13903.0
Building Information
- New Construction: false
- Year Built: 1964
Location/Region
- County Or Parish: Jefferson
Tax Information
- Tax Annual Amount: 877.65
- Tax Year: 2025
General Information
- Inclusions: All equipment used to operate the laundromat.
- Listing Terms: Cash,Private Financing Available
- Parcel Number: 2961
- Property Type: Commercial Sale
- Special Listing Conditions: Standard
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Assessor
- Building Area Total: 960.0
General Information
- Basement: None
- Common Walls: No Common Walls
- Flooring: Concrete,Vinyl
- Foundation Details: Slab
- Levels: One
- Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
- Window Features: Vinyl Frames
Exterior
Parking Information
- Parking Features: Alley Access,Asphalt,On Street,Parking Lot
Lot Information
- Additional Parcels: false
- Lot Features: Corner Lot,Level
- Lot Size Acres: 0.11
- Lot Size Area: 0.11
- Lot Size Square Feet: 4791.6
- Lot Size Units: Acres
- Road Surface Type: Paved
- Water Source: Water Meter
Waterfront/View
- View: Cascade Mountains,Mountain(s),Neighborhood,Territorial
Building Exterior/Construction
- Attached Garage: false
- Construction Materials: Block,Frame
- Roof: Membrane
General Information
- Number Of Units Total: 1
- Road Frontage Type: Shared Access
- Sewer: Public Sewer
590 Jefferson Avenue Neighborhood
Community
97741 (Madras) Demographics
40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.590 Jefferson Avenue Monthly Cost
590 Jefferson Avenue Market Data
Based on the last 30 days in this zip code
$464,993
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
114
Average Days on Market
175
Properties for Sale
590 Jefferson Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/30/2026Source: Oregon Datashare | June 30, 2026 |