Mixed-Use Income
For Sale
Contact for pricing
Pending
917-925 E Main Street, Klamath Falls, OR 97601
Mixed-use building with four ground-floor retail units and eight second-floor apartments, with ample on-site parking.
Property Size12,742 SF
Lot Size0.40 Acres
Days on Market496
Property Features for 917-925 E Main Street
General Information
Standard status
Pending
Size
12,742 SF
Lot size
0.40 Acres
Property subtype
Mixed Use
Zoning
NC,MD
Occupancy
65%
Lease Type
Modified Gross
Investment Type
Value Add
Net Operating Income
$41,291
Additional Details
Cap Rate
4.35%
Multifamily Units
8
Amenities
on-site parking
Building Details
Buildings
1
Stories
2
Units
12
Tenancy
Multi
Listing Agency:
Windermere Van Vleet and Associates
Listed By:
Steven Parmelee · License #OR 890900084
(541) 821-2955
Source:
Crexi
Added: Apr 30, 2025
Changed: Aug 8
Last Checked: Jul 24 at 12:06PM
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 Van Vleet and Associates
Investment Insights
Based on property information with market context.
This for-sale mixed-use income property includes four ground-level commercial units and eight residential apartments on the second floor. The building is currently configured with seven residential units and one commercial space leased. The property reports $126,408 in annual income on existing leases, with additional vacancies in place. Ample on-site parking is provided.
The property sits on a 17,424 square foot lot and contains 12,742 square feet of commercial and residential space. Buyers should note that some clean-up and cosmetic updates are needed in the commercial units. Financial reports are available upon request, and the seller notes there is potential for a full residential conversion, subject to buyer due diligence.
The property sits on a 17,424 square foot lot and contains 12,742 square feet of commercial and residential space. Buyers should note that some clean-up and cosmetic updates are needed in the commercial units. Financial reports are available upon request, and the seller notes there is potential for a full residential conversion, subject to buyer due diligence.
Key Highlights
- Mixed‑use building on a 17,424 SF lot with 12,742 SF total commercial and residential space
- Configured with four ground‑level commercial/retail units and eight second‑floor residential apartments
- Ample on‑site parking
Property Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with four ground-floor retail units and eight second-floor apartments, with ample on-site parking.
Where is this mixed-use property located?
The property is located at 917-925 E Main Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Mixed‑use building on a 17,424 SF lot with 12,742 SF total commercial and residential space; Configured with four ground‑level commercial/retail units and eight second‑floor residential apartments; Ample on‑site parking
