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    31990 Highway 70 Bonanza, OR 97623

    For Sale
    $275,000

    F - Bonanza, OR

    Lot size:
    0.33 Acres
    Days on Market:
    332
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 31990 Highway 70

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    607454
    Parking
    6
    Parking features
    Garage, On Street, Parking Lot
    Interior features
    Ceiling Fan(s), Laminate Counters, Wired for Data
    Exterior features
    Dock
    Dock
    1
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating), Zoned (Heating)
    Cooling system
    Central Air, Heat Pump, Zoned

    Building Details

    Year built
    1928
    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    Frame
    Roof type
    Built-Up
    Architectural style
    Other

    Fisher Nicholson Realty, LLC (541) 884-1717 [email protected]

    Listing agent Robert Bacon (541) 884-1717 License #941100169

    Listing date Jan 8, 2025

    MLS# 220186359 Listing URL

    Copyright © 2025 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bonanza Commercial Building For Sale

    Located next to Big Springs Park and the Lost River in Bonanza, Oregon, this older building offers 2800 square feet of space. The property features six separate, spacious offices, with the potential for more. Recent updates and improvements include paved parking, a new concreted front porch, electrical upgrades, central heat and air, a covered back deck, added insulation, new flooring, a phone system, and broadband. Situated on over 1/3 acre on Main Street, the building has a rich history, previously serving as a dry goods store, butcher/meat market, and real estate office. The property is zoned commercial.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Building Supply Hair Salon Spa & Massage Nail Salon Grocery Store Auto Repair Shop Bar & Pub Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonanza
    County
    Klamath
    State
    Oregon
    Longitude
    -121.401489
    Latitude
    42.198094

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    FAQs

    What type of property is this?
    Office space - 2800 SF commercial building with recent updates in Bonanza, Oregon.
    Where is this office space located?
    The property is located at 31990 Highway 70 Bonanza, OR.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Prime location next to Big Springs Park and Lost River on Main St.; - Spacious 2800 sq ft building with six separate offices. Potential for more offices.; - Recent updates and improvements including paved parking, new concrete front porch, electrical upgrades, central heat and air, added insulation, new flooring, phone system, and broadband.
    (541) 884-1717
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    31990 Highway 70 Bonanza, OR 97623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31990 Highway 70 Bonanza, OR 97623
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