513 Main Street, Klamath Falls, OR 97601
COMMERCIAL - Klamath Falls, OR
- Added:
- Aug 12, 2024
- Days on Market:
- 679
- Last Refresh:
- Jun 21 at 6:06 am
Property Features for 513 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Security features
- Security System
- Window features
- Aluminum Frames
- Interior features
- Laminate Counters, Wired for Data
- Standard status
- Active
- APN
- 412869
- Size
- 3,325 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 5342
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1919
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Tile, Hardwood, Vinyl, Laminate
- Building materials
- Brick, Concrete, Frame
- Roof type
- Membrane
Listing agent Mark W Ahalt License #201209417 (541) 892-3423
Listing office Fisher Nicholson Realty, LLC 403 Main Street, Klamath Falls, OR (541) 884-1717
Listing date Aug 12, 2024
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
- Seismically improved downtown building with two separate commercial spaces and month‑to‑month leases
- Suite 101: 1,800 SF contemporary offices with reception lobby, 3 workstations, 2 private offices, kitchen and breakroom
- Suite 100: 1,200 SF licensed gourmet Fro‑Yo service with indoor seating for 15 and a service kitchen
- Central air with natural gas forced‑air heating; wired for data and laminate counters
- Parking lot on site; public water and public sewer
- Roof is membrane; brick, concrete, and frame construction with geothermal sidewalks at the front of the building
Overview
Local Financial Insights For Office B
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 | $55.9k | $16.80 |
| − Vacancy | −$11.2k | −$3.36 |
| EGI | $44.7k | $13.44 |
| − OpEx | −$11.2k | −$3.36 |
| NOI | $33.5k | $10.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Klamath Falls
- County
- Klamath
- State
- Oregon
- Longitude
- -121.78333
- Latitude
- 42.224448
