Mixed-Use Live/Work
3203 Old Midland Road, Klamath Falls, OR 97603
New
COMMERCIAL - Klamath Falls, OR
Property size:
3,573 SFLot size:
8.97 AcresPrice / SF:
$176/SF- Added:
- Jun 25, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 29 at 11:06 pm
Property Features for 3203 Old Midland Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Carport, Parking Lot
- Patio and Porch features
- Porch
- Interior features
- Built-in Features, Laminate Counters, Solid Surface Counters, Tile Counters, Wired for Data
- Exterior features
- Fire Pit, RV Hookup
- Standard status
- Active
- APN
- 587109
- Size
- 3,573 SF
- Lot size
- 8.97 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2638
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Radiant, Forced Air
- Water source
- Private, Well
Building Details
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Vinyl, Concrete, Tile
- Building materials
- Frame
- Roof type
- Metal
- Additional Structures
- RV/Boat Storage
Listing agent Jerrie Reddell (541) 891-5078
Listing office Fisher Nicholson Realty, LLC 403 Main Street, Klamath Falls, OR (541) 884-1717
Listing date Jun 25, 2026
MLS# 220224113
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 8.97‑acre multi‑use property with a 3‑bed, 1‑bath residence (plus bonus room) and expansive commercial space
- Commercial space includes a second kitchen, vintage bar with 3 keg taps, woodstove, two large retail/event rooms, and extensive storage
- 2.5 additional baths in the commercial/attached areas, plus built‑in features and multiple counter finishes including laminate and solid surface
- Workshop with a vehicle lift, carports, and a separate storage building; metal roof and frame construction
- Utilities include private well water and septic tank sewer; heating includes natural gas with radiant and forced air
- Exterior amenities include a porch, fire pit, and RV hookup; parking includes a carport and parking lot
Overview
This mixed-use property combines a 3-bedroom, 1-bath residence with a bonus room and attached commercial areas, creating a practical live/work layout. The home includes gas heat and central A/C. The commercial portion includes a second kitchen, a vintage bar with three keg taps, and a woodstove, along with two large retail or event rooms. Additional amenities include 2.5 more bathrooms and extensive storage to support day-to-day operations and overflow needs. A large workshop with a vehicle lift, carports, and a separate storage building further expand usable space across the site.
The property sits on 8.97 acres at 3203 Old Midland Road in Klamath Falls, Oregon, providing room to accommodate a multi-purpose business setup and related operations.
For tenants, buyers, or operators looking for flexibility, the combination of a full residence and multiple commercial rooms supports a range of potential uses, including live/work configurations, food service concepts, retail or event programming, or other multi-room operations that benefit from kitchen access, storage, and on-site workspace. The property’s shop area and vehicle lift may also appeal to users needing hands-on support functions alongside customer-facing space.
The property sits on 8.97 acres at 3203 Old Midland Road in Klamath Falls, Oregon, providing room to accommodate a multi-purpose business setup and related operations.
For tenants, buyers, or operators looking for flexibility, the combination of a full residence and multiple commercial rooms supports a range of potential uses, including live/work configurations, food service concepts, retail or event programming, or other multi-room operations that benefit from kitchen access, storage, and on-site workspace. The property’s shop area and vehicle lift may also appeal to users needing hands-on support functions alongside customer-facing space.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.3k | $13.80 |
| − Vacancy | −$2.6k | −$0.72 |
| EGI | $46.7k | $13.08 |
| − OpEx | −$11.7k | −$3.27 |
| NOI | $35.1k | $9.81 |
3,573 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$500.8K
$438.2K – $584.3K
NOI $35,058 @ 7.0% cap · market cap 5.56%
Second Best
Retail
$442.4K
$387.1K – $516.1K
NOI $30,968 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$730.3K
$639.0K – $852.0K
NOI $51,122 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Madden Transport
Trucking Company
Tombstone Livery & Staples
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Klamath Falls
- County
- Klamath
- State
- Oregon
- Longitude
- -121.749346
- Latitude
- 42.127944
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - A residence with central A/C and attached commercial spaces, offering multiple rooms, kitchens, and extensive storage.
Where is this bar & pub located?
The property is located at 3203 Old Midland Road Klamath Falls, OR.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 8.97‑acre multi‑use property with a 3‑bed, 1‑bath residence (plus bonus room) and expansive commercial space; Commercial space includes a second kitchen, vintage bar with 3 keg taps, woodstove, two large retail/event rooms, and extensive storage; 2.5 additional baths in the commercial/attached areas, plus built‑in features and multiple counter finishes including laminate and solid surface
