246 SE Franklin 4,801 SF Vacant Industrial Building Redmond, OR 97756 $799,900 ($166.61/SF)

INVESTMENT HIGHLIGHTS

  • Desirable Industrial Multi-use units in Live/work area. Close to City center, RDM airport, Deschutes County Fairgrounds.& Major routes.

EXECUTIVE SUMMARY

Two 2400 sq. ft. units in Industrial Multi-use Live/work area. Fully fenced property with gates on Franklin and Cascade. (Note alley behind both buildings).
Unit #A steel frame construction, demised into two 1,200 sq. ft. spaces. 12' ceiling clearance, each w/ 10' X 10' roll up door, man door, restroom and office.
Unit #B Pole barn construction in 2004, open warehouse, two man doors with two 10' X 10' roll up doors, `12' ceiling, entry vestibule and office area, single ADA restroom.
*Note easement driveway to fenced properties at Franklin.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $57,600 $12.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $57,600 $12.00
Taxes $4,773 $0.99
Operating Expenses - -
Total Expenses $4,773 $0.99
Net Operating Income - -

PROPERTY FACTS

Price $799,900
Price Per SF $166.61
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
  • FlexLight Distribution
Building Class B
Lot Size 0.44 AC
Rentable Building Area 4,801 SF
No. Stories 1
Year Built 2002
Clear Ceiling Height 10’

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Front Loading
  • Signage
  • Storage Space
  • Monument Signage
  • Smoke Detector

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

ZONING

Zoning Code M2 (Light industrial,)
  • Listing ID: 35162576

  • Date on Market: 3/17/2025

  • Last Updated:

  • Address: 246 SE Franklin, Redmond, OR 97756