Mixed-Use Property with Office
New
For Sale
$475,000
5113 S 6th Street, Klamath Falls, OR 97603
The secondhand store includes office areas, a lobby, break room, manager’s quarters, and ADA-compliant access.
Property Size4,350 SF
Lot Size1.07 Acres
Price / SF$109.20
Days on Market4
Property Features for 5113 S 6th Street
General Information
Standard status
Active
Size
4,350 SF
Lot size
1.07 Acres
Additional Details
Public Transit
Yes
Office Units
18
Amenities
office spaces
restrooms
break room
lobby
manager's quarters
ADA-compliant accessibility
nearby bus stop
Building Details
Buildings
1
Building Size
4,350 SF
Tenancy
Single
Listing Agency:
Lester Realty, Inc.
(541) 882-8788
Listed By:
Carrie Anderson · License #201259228
(541) 891-1770
Source:
Goashland
Added: Oct 7
Changed: Oct 8
Last Checked: Oct 9 at 7:30PM
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 Lester Realty, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property occupies approximately 1.07 acres and includes a 4,350-square-foot building. Its interior has approximately 18 office spaces, six restrooms, a break room, a lobby, and manager’s quarters. The building currently operates as a secondhand store and has ADA-compliant access.
The property is on South 6th Street in Klamath Falls, with a bus stop nearby. The existing business and inventory may be available for purchase.
The property is on South 6th Street in Klamath Falls, with a bus stop nearby. The existing business and inventory may be available for purchase.
Key Highlights
- Approximately 1.07‑acre site
- 4,350‑square‑foot building
- Approximately 18 office spaces and 6 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,444
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,880
$788.9K
Cap Rate 7%
$563,486
$563.5K
Cap Rate 9%
$438,267
$438.3K
Market Conditions
NOI Build-Up for 4,350 SF
Gross rent
$67.9K $15.60/SF
− Vacancy
−$4.8K −$1.09/SF
EGI
$63.1K $14.51/SF
− OpEx
−$23.7K −$5.44/SF
NOI
$39.4K $9.07/SF
Area
Klamath County, OR
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,880
Cap Rate 7%
$563,486
Cap Rate 9%
$438,267
Alternative Uses
Best Use
Mixed Use
$563.5K
$493.1K – $657.4K
NOI $39,444 @ 7.0% cap · market cap 8.30%
Second Best
Retail
$538.6K
$471.3K – $628.4K
NOI $37,702 @ 7.0% cap · market cap 7.94%
Theoretical Best
Office A
$889.1K
$778.0K – $1.04M
NOI $62,239 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The secondhand store includes office areas, a lobby, break room, manager’s quarters, and ADA-compliant access.
Where is this mixed-use property located?
The property is located at 5113 S 6th Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Approximately 1.07‑acre site; 4,350‑square‑foot building; Approximately 18 office spaces and 6 restrooms
