$645,000
917 925 E Main Street, Klamath Falls, OR 97601
beds
baths
sqft
Property Type
Commercial Sale
Commercial Sale
Built
Lot Size
0.4 Acres
0.4 Acres
Property Highlights
Property Highlights
– Value-add mixed-use investment
– Lot: 17,424 sq ft
– Building area: 12,742 sq ft
– Four ground-level commercial units and eight residential apartments
– Ample on-site parking
– Current residential income: four units generate $37,272 annual gross income
– Pro forma: assuming lease-up of remaining apartments at $900/month and commercial stabilization at β $0.75/sq ft, projected gross income β $127,000 annually
– Commercial units require clean-up and cosmetic updates to improve tenant appeal and rental rates
– Property may offer future redevelopment or full residential conversion potential (buyer to verify)
– Provides multiple potential exit strategies and near- and long-term income opportunities
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Facts & features
Bedrooms
Bathrooms
Square Feet
Listed By
Windermere Van Vleet & Assoc2
Windermere Van Vleet & Assoc2
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