1. Oregon
  2. Klamath Falls
  3. 242 Market Street
$660,000

242 Market Street, Klamath Falls, OR 97601

  • 13,416 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.55acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $49/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
Windermere Real Estate Kf : 541-885-4400
MLS ID:
220201763
  • Flooring: Concrete
  • A/C: None
  • Heating: Natural Gas

This listing courtesy of Windermere Real Estate Kf

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mills Elementary School

520 E Main St, Klamath Falls, OR, 97601

Grades KG-5

0.48 miles away

P

Ponderosa Middle School

2554 Main St, Klamath Falls, OR, 97601

Grades 6-8

0.69 miles away

E

Eagleridge High School

677 S 7th St, Klamath Falls, OR, 97601

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.