242 Market ST Active Save Request In-Person Tour Request Virtual Tour
Klamath Falls,OR 97601
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,416 sqft
Price per Sqft $49
MLS Listing ID 220201763
Annual Tax Amount $2,615
Lot Size 0.550 Acres
Property Description
Two buildings (242 Market and 284 Market) plus a vacant lot (292 Market) are included in this sale. Zoned Light Industrial and currently leased to Desert Lake Technologies with an NOI of $67,980 with 3% increases per NNN lease. Cap Rate of 10%. Small office and kitchenette in 242 Market Street. Total building square footage is 13,416 sf. Please do not disturb tenant. Any showings to be scheduled in advance and listing agent must be present.
Location
State OR
County Klamath
Interior
Heating/Cooling Natural Gas
Exterior
Parking Features Asphalt,On Street
Roof Type Membrane,Metal
Parking Asphalt,On Street
Building
Lot Description Level
Foundation Slab
Water Public
Structure Type Steel Frame,Frame
New Construction No
Construction Steel Frame,Frame
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard