1146 Pine Street, Klamath Falls, OR 97601
COMMERCIAL - Klamath Falls, OR
- Added:
- Jul 29, 2025
- Days on Market:
- 336
- Last Refresh:
- Jun 29 at 6:06 pm
Property Features for 1146 Pine Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot, On Street
- Interior features
- Laminate Counters, Solid Surface Counters, Tile Counters
- Basement
- Daylight, Finished
- Standard status
- Active
- APN
- 371243
- Size
- 2,737 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2393
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Tile, Laminate
- Building materials
- Frame
- Roof type
- Metal
Listing agent Danae Lasalle License #201235890 (541) 880-8228
Listing office Fisher Nicholson Realty, LLC 403 Main Street, Klamath Falls, OR (541) 884-1717
Listing date Jul 29, 2025
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three‑level building with 2 separate units and 3 full kitchens for flexible live/work or multi‑use setups
- Mid‑level previously used for commercial food prep, suitable for catering, retail, or creative use (per prior use)
- ADA‑accessible ramp leading to the main entrance
- Parking includes a large private parking lot in back plus on‑street parking and a parking lot
- Utilities: public water and public sewer; electric heating with window/wall unit cooling
- Metal roof with frame construction; interior features include laminate, solid surface, and tile counters
Overview
Located at 1146 Pine Street in Klamath Falls, Oregon, the property sits in a downtown setting. Parking is available both on-street and via a large private parking lot in the back. The mid-level was previously used for commercial food prep, which aligns well with catering, retail kitchen concepts, or other creative food-related operations.
For tenants, buyers, or operators seeking a flexible live/work setup, this configuration supports multiple approaches: maintaining separate units while still leveraging the building’s kitchen improvements for ongoing operations. The combination of residential-use zoning, ADA access, and dedicated parking helps accommodate everyday use, whether you’re running food service activities or supporting other mixed-use scenarios.
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 | $37.8k | $13.80 |
| − Vacancy | −$2.0k | −$0.72 |
| EGI | $35.8k | $13.08 |
| − OpEx | −$9.0k | −$3.27 |
| NOI | $26.9k | $9.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Klamath Falls
- County
- Klamath
- State
- Oregon
- Longitude
- -121.778568
- Latitude
- 42.228519
