Mixed-Use Building with Retail and
917 E Main Street Klamath Falls, OR 97601
For Sale
$695,000
Four ground-level retail units and eight residential apartments with ample on-site parking on a 17,424 sq ft lot.
Property Size12,742 SF
Lot Size0.40 Acres
Price / SF$54.54
Days on Market200
Property Features for 917 E Main Street
General Information
- Standard status
- Active
- Size
- 12,742 SF
- Lot size
- 0.40 Acres
- Property subtype
- General Commercial
Listing Agency:
Windermere Van Vleet & Assoc2
(541) 821-2955
Listed By:
Steven Parmelee · License #890900084
(541) 821-2955
Source:
Xome
Added: Jan 4
Changed: Jul 23
Last Checked: Jul 23 at 2:01PM
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 & Assoc2
Investment Insights
Based on property information with market context.
This mixed-use property includes a total of four ground-level commercial units and eight residential apartments within a 12,742 square foot building. The offering describes the asset as a value-add opportunity supported by on-site parking, with immediate improvement potential noted for the commercial units through clean-up and cosmetic updates.
According to the current operating figures in the remarks, four residential units generate $37,272 in annual gross income. The projections also contemplate lease-up of the remaining apartments at an estimated $900 per month and stabilization of the commercial space at approximately $0.75 per square foot, resulting in a stated projected gross income of $127,000 annually.
Located at 917 E Main Street in Klamath Falls, Oregon, this property is presented as a multi-income investment with multiple potential paths forward, including buyer verification of any redevelopment or residential conversion possibilities.
According to the current operating figures in the remarks, four residential units generate $37,272 in annual gross income. The projections also contemplate lease-up of the remaining apartments at an estimated $900 per month and stabilization of the commercial space at approximately $0.75 per square foot, resulting in a stated projected gross income of $127,000 annually.
Located at 917 E Main Street in Klamath Falls, Oregon, this property is presented as a multi-income investment with multiple potential paths forward, including buyer verification of any redevelopment or residential conversion possibilities.
Key Highlights
- 17,424 SF lot with a 12,742 SF mixed‑use building featuring four ground‑level commercial units and eight residential apartments
- Corner lot with ample on‑site parking plus additional on‑street parking
- Commercial units include immediate improvement potential via clean‑up and cosmetic updates (buyer to verify impacts on rents)
Property Analytics
Location Intelligence
Current Use by Public Records
La Mexicanita Bakery
Bakery
Oasis Drop-In Center
Crisis Center
FAQs
What type of property is this?
Mixed-use property - Four ground-level retail units and eight residential apartments with ample on-site parking on a 17,424 sq ft lot.
Where is this mixed-use property located?
The property is located at 917 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: 17,424 SF lot with a 12,742 SF mixed‑use building featuring four ground‑level commercial units and eight residential apartments; Corner lot with ample on‑site parking plus additional on‑street parking; Commercial units include immediate improvement potential via clean‑up and cosmetic updates (buyer to verify impacts on rents)
