2585 Campus Drive, Klamath Falls, OR 97601
$1,717,000
Property Type:
Commercial Sale
Square Footage:
8,895
Lot Size (sq. ft.):
36,155
Status:
Closed
Current Price:
$1,717,000
List Date:
6/21/2022
Last Modified:
11/06/2024
Overview
Description
Listing Details MLS# 220148345
General Property Information
- Building Area Total
- 8895
- Building Area Source
- Assessor
- Building Area Units
- Square Feet
- # of Units Total
- 3
- Year Built
- 1997
- New Construction YN
- No
- Zoning
- Commercial
- Tax Annual Amount
- 7367.55
- Tax Year
- 2021
- CC&R's YN
- Yes
- Preferred Escrow Company & Officer
- Allison Swallow, Ticor Title
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Additional Features:
ADA Comply; Office Space
Basement:
None
Common Walls:
No Common Walls
Construction Materials:
Unknown
Cooling:
Other
Flooring:
Other
Foundation Details:
Slab
Green Building Verification Type:
Other
Heating:
Other
Levels:
One
Roof:
Metal
Security Features:
Other
Existing Lease Type:
Call Listing Agent; NNN
Utilities:
Electricity Connected
Parking Features:
Asphalt
Road Frontage Type:
Shared Access
Road Surface Type:
Paved
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 2585
- Street Name
- Campus
- Street Suffix
- Drive
- County
- Klamath
- State
- OR
- Postal Code
- 97601
Contract Information
- Original List Price
- 2109600
- Listing Contract Date
- 2022-06-16
- Dual Listing YN
- No
Remarks and Miscellaneous
- Public Remarks
- High Visibility Medical Building / 100% Leased property for Sale on Campus Dr. in Klamath Falls, OR. Tenants include PremierCare Dental Centers, Southern Oregon Chiropractic-Klamath Falls, and Interfaith Laboratory. Annual Net Operating Income scheduled at $147,672. Lease details and Financials available upon signed Buyer Confidentiality Agreement and/or Seller approval. Please do not disrupt tenants. Showing strictly by appointment only. Notice No warranty or representation, express or implied, is made as to the accuracy of the information contained herein; all information contained herein is subject to change, errors, and to your independent verification.
- Directions
- Please see the attached map
Status Change Information
- Close Date
- 2022-09-13
- Under Contract Date
- 2022-07-11
- Status Change Timestamp
- 2022-11-04
- Close Price
- 1717000
- Sold Price per SqFt
- 193.03
More Information
Currently Not Used
- List Price per SqFt
- 237.17
Business Details
- Business Included?
- No
Income and Expenses (Annual Amounts)
- Cap Rate %
- 7
- Cap Rate Basis
- Current
- Net Operating Income
- 147672
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 36
Listing Office:
Merit Commercial RE, LLC
Last Updated: November - 06 - 2024
Information deemed reliable but not guaranteed.