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.
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
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$12.00
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
$57,600
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$12.00
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Taxes |
$4,773
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$0.99
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Operating Expenses |
-
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-
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Total Expenses |
$4,773
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$0.99
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Net Operating Income |
-
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-
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PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Front Loading
- Signage
- Storage Space
- Monument Signage
- Smoke Detector
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
Parcel Number | 158231 | Total Assessment | $217,270 |
Land Assessment | $0 | Annual Taxes | $4,773 ($0.99/SF) |
Improvements Assessment | $0 | Tax Year | 2024 |
ZONING
Zoning Code | M2 (Light industrial,) |