435 W Front StreetMerrill, OR97633

$725,000
13 total units
4860 sq. ft
3.18 acres
Zoning: Commercial
95 days on market

VestorFilter™

Price per ft²$149.18/ft²
Recent price drop$55,000
Price per acre$228K/ac
Time on market95 days

Property Description

Opportunities abound on this 3.18 acre commercial property in Merrill, Oregon bordering Hwy 39 and the Lost River .This one of a Kind Property Provides a Large Home Plus Income, all on City Utilities and Plenty of Parking. The property currently includes a 2020 sq ft. 3 Bedroom 2 Bath home, 7 RV Hookups,(5 full Service & 2 Partial service and 7 Rental Cabins. Two Cabins are 2 Bedroom, 2 bath with full kitchens. The other Cabins are 1 Bedroom w/kitchen and a Bath. Studio Cabin w/Full Kitchen & Bath, Refrigerator and Microwave. These Rentals are ideal for traveling nurses and medical personal, Temporary area workers, Hunters, and short or long term lodging Perfect opportunity to have a Large Home and Income Producing Business& room for Expansion. Within minutes to Klamath Falls and Boasts 300 Days of Sunshine a year. The Klamath Basin is known for the extraordinary Beauty of its Lakes and Mountains. The area is well known for the Lava Beds National Monument and Crater Lake National Park

Financial Data

Price ChangeDropped $55,000 on 04/22/2024
Total $55,000 drop
Original Price$780,000
Current Price$725,000
Property Taxes$2,632

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Home Facts

StatusActive
Year Built1988
MLS ID220176496