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Refrigerated Storage with Office
For Sale
$5,950,000

661 Spring Street, Klamath Falls, OR 97601

Cold storage buildings with office space offer leased Unit #1 and multiple freezer and refrigerated areas.

Property Size61,300 SF
Price / SF$97.06
Days on Market528

Property Features for 661 Spring Street

General Information

Standard status Active
Size 61,300 SF
Property subtype General Commercial

Additional Details

Opportunity Zone Yes

Taxes and HOA fees

Annual Taxes $13,666

Amenities

A/C - Other
3
Concrete
Other
Metal, Membrane
Parking.
Asphalt, Concrete Driveway, On Street.
Level
2.09
Dock. Ground Level Unit, Paved Road, Level.

Building Details

Stories 1
Listing Agency:
Listed By: Windermere Real Estate Kf
Source: Xome
Added: Mar 27, 2025 Changed: Sep 2 Last Checked: Sep 5 at 5:00AM

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 Real Estate Kf

Investment Insights

Based on property information with market context.

The property includes cold storage buildings plus office space in an Opportunity Zone setting in Southern Oregon. The total building area is approximately 61,300 sf, with Unit #1 (about 13,600 sf) currently leased. The remaining spaces are available and include a 7,400 sf warehouse (Building #2) with capability to operate as a freezer, a 15,600 sf freezer space (Building #3), and 15,600 sf of refrigerated space (Building #4) that is also capable of being converted to a freezer.

In addition to the storage facilities, there is approximately 5,000 sf of office space, a 3,000 sf engine room, and an approximately 1,100 sf Ice Room/Food Processing area.

The offering provides a mix of refrigerated and freezer-ready configurations alongside on-site office and processing-support areas, suitable for operators looking for cold storage space with dedicated work areas.

Key Highlights

  • Approx. 61,300 SF cold storage buildings plus office located in the Opportunity Zone in Southern Oregon
  • Unit #1 totals 13,600 SF and is currently leased; additional space is available
  • Available warehouse and storage include a 7,400 SF warehouse and freezer‑capable space in Bldg #3 and Bldg #4

Property Analytics

Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office HVAC Service Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,338
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Cold storage buildings with office space offer leased Unit #1 and multiple freezer and refrigerated areas.
Where is this refrigerated & cold storage located?
The property is located at 661 Spring Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Approx. 61,300 SF cold storage buildings plus office located in the Opportunity Zone in Southern Oregon; Unit #1 totals 13,600 SF and is currently leased; additional space is available; Available warehouse and storage include a 7,400 SF warehouse and freezer‑capable space in Bldg #3 and Bldg #4
More about this property
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