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River Park Inn Klamath Falls

11 Main St, Klamath Falls, OR 97601

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47-room inn with manager's quarters in Klamath Falls.

Type:Hospitality

Property size:

18,121 SF

Price / SF:

$93/SF

HighLights

47‑room Inn with manager's quarters.
Located in Klamath Falls, near Hwy 97.
Tremendous growth potential due to community development and Timber Mills.
Proximity to Crater Lake National Park, Sky Lakes, and Mountain Lakes Wilderness areas.
Access to bike trails, birding, hunting, and fly fishing.
Suitable for a 1031 Exchange.

We can help!

Contact an agent

Ryan Weider

For Sale

Contact for pricing

47-room inn with manager's quarters in Klamath Falls.

Type:Hospitality

Property size:

18,121 SF

Price / SF:

$93/SF

Added:: Feb 26, 2026
Days on Market:: 129
Last Refresh:: Mar 17 at 1:17 pm

Property Features for 11 Main St

General Information

Standard status: Active
Size: 18,121 SF
Property subtype: Hospitality

Building Details

Year Built: 1974

We can help!

Contact an agent

Ryan Weider

Listing office Windermere Commercial Klamath Falls

Listing date Feb 26, 2026

Source Crexi

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 Windermere Commercial Klamath Falls

HighLights

47‑room Inn with manager's quarters.
Located in Klamath Falls, near Hwy 97.
Tremendous growth potential due to community development and Timber Mills.
Proximity to Crater Lake National Park, Sky Lakes, and Mountain Lakes Wilderness areas.
Access to bike trails, birding, hunting, and fly fishing.
Suitable for a 1031 Exchange.

Overview

The River Park Inn Klamath Falls, constructed in 1974, features 47 rooms and manager's quarters. Situated in the heart of Klamath Falls, Oregon, just off Highway 97, the inn is positioned within a community of 21,888 residents. The property, with a size of 18,121 square feet, presents investment potential within the Cascade Mountain Communities. Klamath Falls offers amenities such as the Crater Lake Zip line, Sky Lakes and Mountain Lakes Wilderness areas, Crater Lake National Park, an extensive bike trail system, birding, hunting, and fly fishing opportunities. The establishment of Timber Mills contributes to the area's growth potential.

Local Financial Insights For Hotel Hospitality

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$271.8k	$15.00
− Vacancy	−$40.8k	−$2.25
EGI	$231.0k	$12.75
− OpEx	−$121.3k	−$6.69
NOI	$109.7k	$6.06

18,121 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%

Alternative Uses

Best Use

Hotel Hospitality

$1.57M

$1.37M – $1.83M (±1% cap)

NOI $109,745 @ 7.0% cap · market cap 6.46%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.70M

$3.24M – $4.32M (±1% cap)

NOI $259,272 @ 7.0% cap · market cap 15.25%

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

Property Profile Location Intelligence

Current Use by Public Records

River Park Inn Hotel & Motel

Suggested Use

Similar Places Nearby

Travelodge by Wyndham Klamath Falls — 75 Main St, Klamath Falls, OR 97601
River Park Inn — 11 Main St, Klamath Falls, OR 97601
America's Best Inn & Suites — 75 Main St, Klamath Falls, OR 97601
Cerulean Hotel — 100 Main St, Klamath Falls, OR 97601
Jubilee Event Center — 1313 Owens St, Klamath Falls, OR 97601

Location Insight

Map
Local Demand

City: Klamath Falls
County: Klamath
State: Oregon
Longitude: -121.788305
Latitude: 42.220544

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For sale
Motels
OR
Klamath Falls
97601
11 Main St

What type of property is this?

Motel - 47-room inn with manager's quarters in Klamath Falls.

Where is this motel located?

The property is located at 11 Main St Klamath Falls, OR.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: 47‑room Inn with manager's quarters.; Located in Klamath Falls, near Hwy 97.; Tremendous growth potential due to community development and Timber Mills.