Historic Hotel Redevelopment
1028 Main Street Klamath Falls, OR 97601
1028 Main Street, Klamath Falls, OR, 97601
$189,000
For Sale
$189,000
Four-story historic hotel building with original architectural features and extensive interior demolition for adaptive restoration.
Property Size10,500 SF
Price / SF$18
Days on Market28
Property Features for 1028 Main Street
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agency
Coldwell Banker Holman Premier
(775) 690-2537
Listed by
Nataliya Hamilton
(775) 690-2537
Source
Allprofessionalsre
Added: Jun 24 Updated: Jul 20 at 5:11PM Checked: Jul 20 at 5:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Holman Premier
Investment Insights
Based on property information with market context.
This four-story, historic hotel building offers approximately 10,500 square feet and features original architectural elements including a distinctive brick façade, tall lobby ceilings, Douglas fir flooring, and original wood banisters. The upper floors have been taken down to the studs, creating a substantially open interior for restoration and redevelopment planning. The property includes recent work such as roof repairs, debris removal, installation of a new 400-amp meter main, new 400-amp sub panel, and a new sewer line within the building.
Located in downtown Klamath Falls at 1028 Main Street, the building is served by public utilities and is zoned General Commercial. The seller notes the structure requires substantial rehabilitation, including seismic retrofit.
The asset has previously been selected for Oregon Main Street Revitalization Grant funding. Buyer to perform all due diligence.
Located in downtown Klamath Falls at 1028 Main Street, the building is served by public utilities and is zoned General Commercial. The seller notes the structure requires substantial rehabilitation, including seismic retrofit.
The asset has previously been selected for Oregon Main Street Revitalization Grant funding. Buyer to perform all due diligence.
Key Highlights
- Four‑story historic Arcade Hotel building in downtown Klamath Falls with approximately 10,500 sq. ft.
- Original features include distinctive brick façade, tall lobby ceilings, Douglas fir flooring, and original wood banisters.
- Upper floors have been taken down to the studs for adaptive restoration and redevelopment.
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FAQs
What type of property is this?
Hotel - Four-story historic hotel building with original architectural features and extensive interior demolition for adaptive restoration.
Where is this hotel located?
The property is located at 1028 Main Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Four‑story historic Arcade Hotel building in downtown Klamath Falls with approximately 10,500 sq. ft.; Original features include distinctive brick façade, tall lobby ceilings, Douglas fir flooring, and original wood banisters.; Upper floors have been taken down to the studs for adaptive restoration and redevelopment.
