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Listed by Realty Marketing / Northwest
$ 660,000
Est. payment | /mo
10,324 SqFt
$ 660,000
Est. payment | /mo
10,324 SqFt
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 Sub-Type Warehouse
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 $67,980 with 3% increase due in November 2025 per terms of the NNN lease. There is a small office and restroom and all utilities serve the site. Sealed bids due February 6, 2025.
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
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Friederike Svensson
REALTOR® | Lic# 201220054