Property summary
Exceptional investment opportunity in Klamath Falls, Oregon. This 20,100 square foot warehouse property, located at 300-320 Market Street, offers significant potential for owner-users or investors. The property comprises two parcels (APN R414661 & R414670) and is zoned C1. The building features a mix of ceiling heights, ranging from 12 feet to 22 feet, and multiple grade-level drive-in doors. One parcel at 320 Market Street encompasses 6,700 square feet, includes one drive-in door, 200 amps single-phase power, and 22-foot ceilings. The second parcel, 300-310 Market Street, offers 13,400 square feet, four drive-in doors, 400 amps three-phase power, and 12-foot ceilings. Built in 1941, this single-story structure presents a unique opportunity for adaptive reuse or continued use as a warehouse. The asking price is $750,000, translating to an attractive price per square foot of $37.31. The property's layout allows for easy division into three separate units, maximizing rental income potential. This presents a compelling opportunity for investors seeking a strong return on investment. The property is situated in Klamath Falls, Oregon, zip code 97601.
Property profile
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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