Two-Room Office
270 Main St, Klamath Falls, OR 97601
For Sale
Contact for pricing
Downtown office unit with reception area, alley access, and nearby civic and hospitality amenities.
Property Size800 SF
Price / SF$1.23
Days on Market57
Property Features for 270 Main St
General Information
Standard status
Size
Property subtype
Listing Agency:
Merit Commercial Re, LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Sep 18
Changed: Nov 12
Last Checked: Nov 12 at 7:58AM
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 approximately 800 SF office unit includes two rooms and a large reception area, creating a straightforward layout for professional operations. The property also offers access to a scheduled conference room upon approval.
Situated in downtown Klamath Falls, the office is near restaurants, government buildings, hotels, the library, and Veteran's Park. On-site parking and alley access are available, with an additional parking option at the Cerulean subject to its stated monthly charge.
Situated in downtown Klamath Falls, the office is near restaurants, government buildings, hotels, the library, and Veteran's Park. On-site parking and alley access are available, with an additional parking option at the Cerulean subject to its stated monthly charge.
Key Highlights
- Approximately 800 SF office unit
- Two rooms plus a large reception area
- Downtown Klamath Falls location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,064
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,280
$161.3K
Cap Rate 7%
$115,200
$115.2K
Cap Rate 9%
$89,600
$89.6K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$13.4K $16.80/SF
− Vacancy
−$2.7K −$3.36/SF
EGI
$10.8K $13.44/SF
− OpEx
−$2.7K −$3.36/SF
NOI
$8.1K $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%
$161,280
Cap Rate 7%
$115,200
Cap Rate 9%
$89,600
Alternative Uses
Best Use
Office B
$115.2K
$100.8K – $134.4K
NOI $8,064 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$163.5K
$143.1K – $190.8K
NOI $11,446 @ 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
1,307
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Downtown office unit with reception area, alley access, and nearby civic and hospitality amenities.
Where is this office unit located?
The property is located at 270 Main St Klamath Falls, OR.
What are key features of this property?
This property features: Approximately 800 SF office unit; Two rooms plus a large reception area; Downtown Klamath Falls location
