15468 Highway 66 Keno, OR 97627
COMMERCIAL - Keno, OR
Property Features for 15468 Highway 66
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot, On Street
- Patio and Porch features
- Patio
- Basement
- Partial
- Standard status
- Pending
- APN
- 501175
- Size
- 2,000 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1156
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Wood
- Cooling system
- Evaporative Cooling
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Frame
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Stacy Ellingson License #200502384 (541) 591-4322
Listing office Fisher Nicholson Realty, LLC 403 Main Street, Klamath Falls, OR (541) 884-1717
Listing date Jun 5, 2024
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Investment Insights
Based on property information with market context.
The offering includes multiple additional parcels sold together. These additional tax lots include a 3 bed, 2 bath home, a corner building that could support a variety of retail concepts, and a large barn/metal building. A food truck is included with the sale. The parcels are listed with commercial zoning on at least two lots and R2 zoning on one lot, as provided in the tax lot descriptions.
For buyers seeking an operator-ready hospitality or small-format retail concept, this package provides the tavern layout with bar operations, restrooms, and an outdoor patio experience, plus supplemental structures and parcels for expansion. The seller indicates all properties are being sold together, as-is, with the possibility that the seller may carry.
Key Highlights
- Historic Whoa Tavern package includes equipment and furnishings, plus a food truck, with all items sold as‑is.
- Back space features a wood‑burning stove, 2 restrooms, and an outdoor patio with horseshoe pit and corn hole boards.
- Includes 3 additional tax lots: 501184 (0.33 ac, commercial), 621786 (1.83 ac, R2), and 621795 (0.37 ac, commercial).
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.6k | $13.80 |
| − Vacancy | −$1.4k | −$0.72 |
| EGI | $26.2k | $13.08 |
| − OpEx | −$6.5k | −$3.27 |
| NOI | $19.6k | $9.81 |
Alternative Uses
Property Analytics
Current Use by Public Records
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