Mixed-Use Building with Separate
For Sale
$189,000
200 E Main St, Klamath Falls, OR 97601
Two-entry configuration supports a front business space and rear living area with separately metered power.
Property Size1,114 SF
Price / SF$169.66
Days on Market47
Property Features for 200 E Main St
General Information
Standard status
Active
Size
1,114 SF
Property subtype
Residential Income
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$916
Building Details
Buildings
1
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Sellers Realty
Listed By:
Alan B Pfeiffer · License #201106041
(541) 274-9153
Source:
Exprealty
Added: Sep 5
Changed: Oct 17
Last Checked: Oct 21 at 1:25AM
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 Sellers Realty
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Investment Insights
Based on property information with market context.
This 1,114-square-foot mixed-use building is arranged for two possible units, with independent entrances and separate power meters. The existing layout supports a commercial space toward the front and living quarters at the rear, creating flexibility for an owner-occupant or separate occupants. The property is currently used as a real estate office.
Situated at 200 E Main St in Klamath Falls, the building is across from Keepers Corner and benefits from on-street parking. Its East Main position provides direct customer access and exposure to downtown traffic. The configuration also supports potential multi-tenant occupancy, subject to applicable requirements.
Situated at 200 E Main St in Klamath Falls, the building is across from Keepers Corner and benefits from on-street parking. Its East Main position provides direct customer access and exposure to downtown traffic. The configuration also supports potential multi-tenant occupancy, subject to applicable requirements.
Key Highlights
- 1,114‑square‑foot mixed‑use building
- Two possible units with separate entrances
- Separate power meters for the spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,229
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,580
$224.6K
Cap Rate 7%
$160,414
$160.4K
Cap Rate 9%
$124,767
$124.8K
Market Conditions
NOI Build-Up for 1,114 SF
Gross rent
$18.7K $16.80/SF
− Vacancy
−$3.7K −$3.36/SF
EGI
$15.0K $13.44/SF
− OpEx
−$3.7K −$3.36/SF
NOI
$11.2K $10.08/SF
Area
Klamath County, OR
Vacancy
20.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,580
Cap Rate 7%
$160,414
Cap Rate 9%
$124,767
Alternative Uses
Best Use
Office B
$160.4K
$140.4K – $187.2K
NOI $11,229 @ 7.0% cap · market cap 5.94%
Second Best
Mixed Use
$144.3K
$126.3K – $168.4K
NOI $10,101 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$227.7K
$199.2K – $265.7K
NOI $15,939 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-entry configuration supports a front business space and rear living area with separately metered power.
Where is this mixed-use property located?
The property is located at 200 E Main St Klamath Falls, OR.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1,114‑square‑foot mixed‑use building; Two possible units with separate entrances; Separate power meters for the spaces
