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Listed by Realty Marketing / Northwest
$ 660,000
Est. payment /mo
Active
242 MARKET ST Klamath Falls, OR 97601
10,324 SqFt
UPDATED:
11/25/2024 02:17 PM
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 10,324 sqft
Price per Sqft $63
MLS Listing ID 24612018
Year Built 1945
Annual Tax Amount $1,209
Tax Year 2023
Lot Size 6,534 Sqft
Property Description
Significant price reduction! Triple net leased 10,324 sf building on 23,740 sf site This property is located on Market Street, made up of two contiguous buildings on the site that total 10,324 square feet, with side yard. Both buildings are leased by Desert Lake Technologies for manufacturing Oregon Drytech dryers, a subsidiary of the tenant, used for its own operations. Additionally, Oregon Drytech dryers are sold to the food processing industry. The NOI is $66,000 with 3% increase due in November 2024 per terms of the NNN lease. All utilities serve the site. There is a small office and restroom.
Location
State OR
County Klamath
Area _300
Zoning LI
Interior
Heating Other
Exterior
View City
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash
Listing Terms Cash
