Insulated Steel Shop with RV
18142 Highway 58 Crescent Lake, OR 97733
18142 Highway 58, Crescent Lake, OR, 97733
$699,900
For Sale
$699,900
COMMERCIAL - Crescent Lake, OR
Property Size2,800 SF
Lot Size3.00 Acres
Price / SF$249.96
Days on Market80
Property Features for 18142 Highway 58
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway, RV
- Window features
- Vinyl Frames, ENERGY STAR Qualified WIndows, Double Pane Windows
- Patio and Porch features
- Porch
- Interior features
- Built-in Features, Ceiling Fan(s)
- Exterior features
- Fire Pit, RV Dump, RV Hookup
- Standard status
- Active
- APN
- 144793
- Size
- 2,800 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1568
Utilities
- Sewer type
- Septic Tank
- Heating system
- Propane (Heating), Wood
- Water source
- Spring, Well
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Laminate, Tile
- Building materials
- Frame
- Roof type
- Metal
- Additional Structures
- Storage
Listing agency
Keller Williams Realty Central Oregon
(541) 585-3760
Listed by
Holly Cole · License #200903090
(541) 480-4208
Added: May 4 Updated: Jul 9 at 3:33AM Checked: Jul 22 at 11:06AM
MLS# 220220621
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Set on approximately 3 acres, this property combines residential living with flexible commercial space. The 2,820 SF main home includes 3 bedrooms and 3 bathrooms, along with a wraparound sunroom described as approximately 900 SF. A guest cottage adds additional flexibility for guests or extended-stay uses. For storage and operations, a massive 2,116 SF insulated steel shop features 14' drive-through doors and is set up to accommodate vehicles, tools, and trailers. The site also includes three complete RV hookups, with room for additional spaces. A natural spring is located in the SW corner and is described as seasonal. Access is handled by a gated entry with a wrap-around drive and unlimited parking.
The property is located at 18142 Highway 58 in Crescent Lake, Oregon (Klamath County). The remarks indicate it is minutes from Crescent and Odell Lakes, Willamette Pass ski area, Diamond Peak trails, and the Pacific Crest Trail, placing the site within easy reach of Central Oregon’s year-round outdoor recreation.
With dual residential and commercial zoning, this setup can support a range of uses, including operating a lodge, storage business, vacation rentals, or RV spot rentals, while also working well as a private legacy property. The combination of drive-through shop access, on-site hookups, and multiple dwelling options offers a practical platform for mixed-use operators and owner-users.
The property is located at 18142 Highway 58 in Crescent Lake, Oregon (Klamath County). The remarks indicate it is minutes from Crescent and Odell Lakes, Willamette Pass ski area, Diamond Peak trails, and the Pacific Crest Trail, placing the site within easy reach of Central Oregon’s year-round outdoor recreation.
With dual residential and commercial zoning, this setup can support a range of uses, including operating a lodge, storage business, vacation rentals, or RV spot rentals, while also working well as a private legacy property. The combination of drive-through shop access, on-site hookups, and multiple dwelling options offers a practical platform for mixed-use operators and owner-users.
Key Highlights
- 3‑acre property with dual residential & commercial zoning for flexible use options
- 2,820 SF main home with 3 BD and 3 BA plus a 900 SF wraparound sunroom
- Additional guest cottage for extra living or rental flexibility
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.1k | $12.90 |
| − Vacancy | −$1.4k | −$0.50 |
| EGI | $34.7k | $12.40 |
| − OpEx | −$5.2k | −$1.86 |
| NOI | $29.5k | $10.54 |
2,800 SF · lease $12.90/SF/yr · vacancy 3.89% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$421.5K
$368.9K – $491.8K
NOI $29,508 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$288.6K
$252.5K – $336.7K
NOI $20,202 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$572.3K
$500.8K – $667.7K
NOI $40,062 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Warehouse - A gated 3-acre compound with an insulated steel shop and three RV hookups, supported by dual residential and commercial zoning.
Where is this warehouse located?
The property is located at 18142 Highway 58 Crescent Lake, OR.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 3‑acre property with dual residential & commercial zoning for flexible use options; 2,820 SF main home with 3 BD and 3 BA plus a 900 SF wraparound sunroom; Additional guest cottage for extra living or rental flexibility
