Mixed-Use Property with Retail and
125 S 6th St, Klamath Falls, OR 97601
For Sale
$2,900,000
Retail suites and apartment units share a single building in Klamath Falls.
Property Size20,098 SF
Lot Size0.32 Acres
Price / SF$144.29
Days on Market47
Property Features for 125 S 6th St
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Additional Details
Cap Rate
Highway Access
Amenities
Exceptional Investment Opportunity - Investors have the opportunity to acquire a stand-alone retail asset in Seattle, Washington.
Stable Cash Flow with Upside Potential - 125 S 6th St offers stable cash flow with upside potential.
Prime Klamath Falls Location - Located near Downtown Klamath Falls with convenient access to shopping, dining, and entertainment.
Numerous Transportation Corridors - Conveniently located near Oregon Route 39, Oregon Route 140, Oregon Route 66, and U.S. Route 97.
Building Details
Tenancy
Listing Agency:
Marcus & Millichap - Palo Alto
Listed By:
Matthew McCaffrey
(650) 391-1863
Source:
Marcusmillichap
Added: Sep 26
Changed: Oct 26
Last Checked: Nov 10 at 5:11AM
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 Marcus & Millichap - Palo Alto
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Investment Insights
Based on property information with market context.
This mixed-use property in Klamath Falls combines retail suites and apartment units within a building measuring approximately 20,098 square feet. The site comprises two parcels with a combined area of 13,939 square feet.
Nearby transportation routes include Oregon Route 39, Oregon Route 140, Oregon Route 66, and U.S. Route 97.
Nearby transportation routes include Oregon Route 39, Oregon Route 140, Oregon Route 66, and U.S. Route 97.
Key Highlights
- Approximately 20,098‑square‑foot building with retail suites and apartment units
- Two parcels totaling 13,939 square feet
- Near Oregon Route 39, Oregon Route 140, Oregon Route 66, and U.S. Route 97
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$182,239
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,644,780
$3.6M
Cap Rate 7%
$2,603,414
$2.6M
Cap Rate 9%
$2,024,878
$2.0M
Market Conditions
NOI Build-Up for 20,098 SF
Gross rent
$313.5K $15.60/SF
− Vacancy
−$21.9K −$1.09/SF
EGI
$291.6K $14.51/SF
− OpEx
−$109.3K −$5.44/SF
NOI
$182.2K $9.07/SF
Area
Klamath County, OR
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,644,780
Cap Rate 7%
$2,603,414
Cap Rate 9%
$2,024,878
Alternative Uses
Best Use
Mixed Use
$2.60M
$2.28M – $3.04M
NOI $182,239 @ 7.0% cap · market cap 6.28%
Second Best
Retail
$2.49M
$2.18M – $2.90M
NOI $174,192 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$4.11M
$3.59M – $4.79M
NOI $287,559 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
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Business Placement
Demographics for 97601, OR
23,264
Population
10,936
Households
2.1
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
577.8 sq mi
ZIP Area
40
Density / Sq Mi
$53,333
Median Household Income
$31,011
Median Earnings
$972
Median Rent
$266,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail suites and apartment units share a single building in Klamath Falls.
Where is this mixed-use property located?
The property is located at 125 S 6th St Klamath Falls, OR.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Approximately 20,098‑square‑foot building with retail suites and apartment units; Two parcels totaling 13,939 square feet; Near Oregon Route 39, Oregon Route 140, Oregon Route 66, and U.S. Route 97
