Retail Space with Large
1891 Avalon St #A, Klamath Falls, OR 97603
For Sale
Contact for pricing
Pending
The suite includes one bathroom and is part of Klamath Falls Town Center.
Property Size1,324 SF
Days on Market50
Property Features for 1891 Avalon St #A
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Merit Commercial Re, LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Sep 26
Changed: Nov 12
Last Checked: Nov 12 at 7:17AM
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 Merit Commercial Re, LLC
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Investment Insights
Based on property information with market context.
This 1,324-square-foot retail suite at Klamath Falls Town Center was built in 2006. Large windows provide substantial storefront glazing, and the space includes one bathroom.
The center offers on-site parking and access described as accommodating entry and exit. The property is located at 1891 Avalon St in Klamath Falls, Oregon.
The center offers on-site parking and access described as accommodating entry and exit. The property is located at 1891 Avalon St in Klamath Falls, Oregon.
Key Highlights
- 1,324‑square‑foot retail suite
- One bathroom
- Located within Klamath Falls Town Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,475
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,500
$229.5K
Cap Rate 7%
$163,929
$163.9K
Cap Rate 9%
$127,500
$127.5K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$17.5K $13.20/SF
− Vacancy
−$1.1K −$0.82/SF
EGI
$16.4K $12.38/SF
− OpEx
−$4.9K −$3.71/SF
NOI
$11.5K $8.67/SF
Area
Klamath County, OR
Vacancy
6.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,500
Cap Rate 7%
$163,929
Cap Rate 9%
$127,500
Alternative Uses
Best Use
Retail
$163.9K
$143.4K – $191.3K
NOI $11,475 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$270.6K
$236.8K – $315.7K
NOI $18,944 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
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Business Placement
Demographics for 97603, OR
31,302
Population
13,568
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
91%
High-School Grad
340.6 sq mi
ZIP Area
92
Density / Sq Mi
$64,272
Median Household Income
$41,124
Median Earnings
$987
Median Rent
$251,100
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - The suite includes one bathroom and is part of Klamath Falls Town Center.
Where is this retail space located?
The property is located at 1891 Avalon St #A Klamath Falls, OR.
What are key features of this property?
This property features: 1,324‑square‑foot retail suite; One bathroom; Located within Klamath Falls Town Center
