Klamath Falls Office Building For
For Sale
Contact for pricing
700 Main St, Klamath Falls, OR
7,632 SF office building with financial institution tenants.
Property Size7,632 SF
Lot Size0.07 Acres
Price / SF$121.20
Days on Market476
Property Features for 700 Main St
General Information
Standard status
Active
Size
7,632 SF
Lot size
0.07 Acres
Property subtype
OFFICE
Listing Agency:
Hancock Real Estate
(503) 370-2581
Listed By:
Terry Hancock · License #200110013
(503) 371-1234
Source:
Moodyscre
Added: Jun 18, 2025
Changed: Oct 4
Last Checked: Oct 5 at 8:22PM
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 Hancock Real Estate
Investment Insights
Based on property information with market context.
This 7,632 square foot building in Klamath Falls, Oregon, is available for sale. The property is currently occupied by financial institution tenants.
Key Highlights
- 7,632 SF building
- Financial institution tenants
- List price: $1,068,480
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,931
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,538,620
$1.5M
Cap Rate 7%
$1,099,014
$1.1M
Cap Rate 9%
$854,789
$854.8K
Market Conditions
NOI Build-Up for 7,632 SF
Gross rent
$128.2K $16.80/SF
− Vacancy
−$25.6K −$3.36/SF
EGI
$102.6K $13.44/SF
− OpEx
−$25.6K −$3.36/SF
NOI
$76.9K $10.08/SF
Area
Klamath County, OR
Vacancy
20.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,538,620
Cap Rate 7%
$1,099,014
Cap Rate 9%
$854,789
Alternative Uses
Best Use
Office B
$1.10M
$961.6K – $1.28M
NOI $76,931 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $109,197 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
130
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - 7,632 SF office building with financial institution tenants.
Where is this office building located?
The property is located at 700 Main St Klamath Falls, OR.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 7,632 SF building; Financial institution tenants; List price: $1,068,480
