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Commercial > Other
Active
3 weeks ago
List Price
$660,000

242 Market St
Klamath Falls, OR 97601

  • Photo 0
    • -
      Bed
    • -
      Bath
    • 1
      ft²
      Living Area
    • 0.6
      ac
      Lot Size
    • -
      Pool
    • -
      Car
    • -
      Year Built
    • 21
      DOM
    • 5
      Permits
    242 Market St, Klamath Falls, OR 97601 is a 1 ft² property on a 0.550 acre lot with 5 construction permits. This property is currently for sale for $660,000.

      MLS Description

      The listing agent's description. Original Listing

      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 Agents

      The listing agent for 242 Market St is Allison K York.

        AK

        Allison K York

        Windermere Real Estate Kf

        License: 200409050

        Phone: (541) 885-4400

      Permits

      242 Market St has 5 permit records.

      Permit History
      5
      Permits

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2024$1,259.26
        From latest Total Assessed Value1.72%
        Total Assessed Value$73,100
        =
        Land
        Assessed Value        $0
        +
        Additions
        Assessed Value        $0

        • In 2024, taxes billed for 242 Market St were $1,259.26, which is 1.72% from latest Total Assessed Value of $73,100.

      Property History

      242 Market St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around 242 Market St

      • Hazard Risks

        Earthquake
        342
        Carb Mono
        141
        Lead
        130
        Ozone
        116
        Air Pollution
        116
        Nat'l Avg
        100
        Particulates
        100
        Tornado
        5
        Weather
        2
        Hail
        0
        Hurricane
        0
        Wind
        0

        • 9 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 242 Market St.

        Walkability Index

        17 /20

        Very Walkable

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        242 Market St has a walkability score of 17 out of 20, which means that it is in a very walkable area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        31 °F

        Low

        22°F

        High

        40°F

        Summer
        Average

        60 °F

        Low

        43°F

        High

        77°F

        In the winter at 242 Market St, temperatures range from 22.11°F to 40.38°F with an average of 31.25°F. In the summer, the temperature ranges from 43.34°F to 77.44°F with and average of 60.39°F.

      School Information

      Public/private schools serving 242 Market St

        Public Schools

        Mills Elementary School
        Grades: KG-5
        0.48  mi
        D+
        Ponderosa Middle School
        Grades: 6-8
        0.69  mi
        C
        Klamath Union High School
        Grades: 9-12
        0.34  mi
        C+
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving 242 Market St have ratings undefined, undefined, and undefined.

      Neighborhood

      This property is located in Railroad, Klamath Falls, OR 97601.

        Crime Index for 97601

        112

        Above national average
        112

        The crime index in 97601 is 112, which is 1.1 times higher than national average.

      • Seasonal Housing units 97601

        29%

        of housing is for seasonal rent.

        Daytime Population for 97601

        +3%

        of people during work hours.

      Market Trends

      Historical market data near 242 Market St over selected time period.

      Copyright © 2025 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

      Nearby Properties on Market St

      USAORKlamath CountyKlamath FallsMarket St