242 MARKET STKlamathFalls, OR97601

$660,000
10324 sq. ft
0.15 acres
SqFt20000toAcres1
Zoning: LI
132 days on market

VestorFilter™

Price per ft²$63.93/ft²
Price per acre$4.4M/ac
Time on market132 days

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.

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Financial Data

Original Price$660,000
Current Price$660,000
Property Taxes$1,209

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Home Facts

StatusActive
Year Built1945
Stories1
MLS ID24612018