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    3802 Altamont Dr Klamath Falls, OR 97603

    For Sale
    $649,999

    F - Klamath Falls, OR

    Lot size:
    0.35 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 3802 Altamont Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CN
    APN
    543148
    Parking
    8
    Parking features
    Parking Lot
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Evaporative Cooling

    Building Details

    Year built
    1938
    Floors in Building
    1
    Flooring type
    Carpet, Laminate, Vinyl
    Building materials
    Frame
    Roof type
    Asphalt, Rolled/Hot Mop
    Architectural style
    Other

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

    Listing agent Lauren Horn (541) 884-1717 License #201231841

    Listing date Oct 21, 2025

    MLS# 220207913 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

    Thriving Market with Residential Unit

    Altamont Market presents a business opportunity with a 4.3% cap rate. The sale includes the real estate property, business, equipment, and stock on hand at closing. The property features an attached one-bedroom, one-bathroom residential unit, suitable for generating additional income or for owner/manager occupancy. Situated on a corner at a high-traffic intersection within a residential area, the location provides easy access and is in close proximity to a school and other commercial properties. The market includes a deli area equipped with a three-wash stainless steel sink, a hand washing sink, and a prep area. Parking is available in the front, and a spacious yard is located off the residential side, which includes four locking sealed storage sheds. Additional gated and paved parking is available behind the store. The lot size is 0.35 acres. P&L and equipment list are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Altamont Market Market

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.747734
    Latitude
    42.19182

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    FAQs

    What type of property is this?
    Grocery and convenience store - Profitable market with living quarters on high-traffic corner lot.
    Where is this grocery and convenience store located?
    The property is located at 3802 Altamont Dr Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $649,999.
    What are key features of this property?
    This property features: - Thriving Altamont Market with a 4.3% cap rate.; - Includes attached 1 bedroom, 1 bathroom residential unit.; - Located on a high traffic intersection in a residential area.
    (541) 884-1717
    Request Owner's contact information
    3802 Altamont Dr Klamath Falls, OR 97603
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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
    3802 Altamont Dr Klamath Falls, OR 97603
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