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Cold Storage Facility with Freezer Space
For Sale
$5,950,000

661 S Spring Street, Klamath Falls, OR 97601

Industrial-zoned property combines refrigerated and freezer areas with dedicated office and food-processing space.

Property Size61,300 SF
Price / SF$97.06
Days on Market535

Property Features for 661 S Spring Street

General Information

Standard status Active
Size 61,300 SF
Property subtype Commercial
Zoning Industrial

Warehouse & Industrial

Warehouse Space 7,400 SF
Office Build-Out 5,000 SF
Cold Storage Yes
Cold Storage Area 31,200 SF
Freezer 15,600 SF
Cooler 15,600 SF

Additional Details

Opportunity Zone Yes
Tenant in Place Yes
Property Use Cold Storage

Taxes and HOA fees

Annual Taxes $13,666

Amenities

Dock

Building Details

Building Size 61,300 SF
Stories 1
Units 7
Listing Agency: Windermere Real Estate Kf
Listed By: Allison K York · License #K6681AY
Source: Kendonleet
Added: May 14, 2025 Changed: Oct 29 Last Checked: Oct 29 at 2:48PM

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 Windermere Real Estate Kf

Rey
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Investment Insights

Based on property information with market context.

This industrial-zoned property in Klamath Falls contains approximately 61,300 square feet across cold storage buildings and support areas. Unit 1, a 13,600-square-foot space, is leased. The other spaces include a 7,400-square-foot warehouse that can be used as a freezer, a 15,600-square-foot freezer, and 15,600 square feet of refrigerated area that can also be configured as freezer space. Additional improvements comprise a 5,000-square-foot office, a 3,000-square-foot engine room, and a 1,100-square-foot ice room and food-processing area.

The property is located in an Opportunity Zone in southern Oregon. The remaining spaces are available, including the warehouse, freezer and refrigerated areas, office, engine room, and ice room/food-processing area.

Key Highlights

  • Approximately 61,300 square feet across cold storage buildings and support areas
  • 13,600‑square‑foot Unit 1 is leased
  • 7,400‑square‑foot warehouse has freezer capability

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,338
Businesses Nearby

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
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Industrial-zoned property combines refrigerated and freezer areas with dedicated office and food-processing space.
Where is this refrigerated & cold storage located?
The property is located at 661 S Spring Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Approximately 61,300 square feet across cold storage buildings and support areas; 13,600‑square‑foot Unit 1 is leased; 7,400‑square‑foot warehouse has freezer capability
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