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Two-Unit Brick Storefront

427 Main Street, Klamath Falls, OR 97601

For Sale
$250,000

Commercial Sale, Klamath Falls, OR

Property Size2,922 SF
Lot Size0.09 Acres
Price / SF$85.56
Days on Market246

Property Features for 427 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description GC
Parking features Alley, On Street, Parking Lot
Subdivision Klamath Falls -First Addition
Lot features Level
Directions On the right-hand side Main Street between 5th and 4th.
Standard status Active
APN 475691
Size 2,922 SF
Lot size 0.09 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1566

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl
Building materials Brick, Concrete
Roof type Rolled Hot Mop
Buildings 1
Listing Agency: Rookstool Moden Realty Llc
Listed By: Jack L Rookstool · License OR #200104082
Added: Mar 15 Changed: Oct 31 Last Checked: Nov 15 at 4:06AM
MLS# 220217209

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,922-square-foot storefront property comprises two commercial units with a shared restroom. Brick and concrete construction is paired with vinyl and carpet flooring, natural-gas heating, and a rolled hot-mop roof. Both units are currently rented, while the operating businesses are excluded from the sale.

The property occupies 0.09 acres on Main Street in Klamath Falls, near the courthouse and annex. Parking is supported by an on-site lot, on-street spaces, and alley access. Public water and public sewer serve the building.

Key Highlights

  • 2,922‑square‑foot storefront property with two commercial units
  • Both units are currently rented; operating businesses are excluded from the sale
  • 0.09‑acre property on Main Street near the courthouse and annex

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retro Room Records ... (Bike/Boat/Book/etc) Store Steel Sensation Body ... Tattoo & Piercing Shop

Suggested Use

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,205
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Average Price Trend$/SF for Storefront properties in Klamath County, OR

$99.82 Jul
$98.63 Aug
$98.63 Sep
$104 Oct

Properties on Market for Storefront properties in Klamath County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Main Street property with two leased units and a shared restroom.
Where is this storefront property located?
The property is located at 427 Main Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,922‑square‑foot storefront property with two commercial units; Both units are currently rented; operating businesses are excluded from the sale; 0.09‑acre property on Main Street near the courthouse and annex
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