Mixed-Use Building with Retail and
For Sale
$645,000
Pending
917 Main Street, Klamath Falls, OR 97601
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
Days on Market197
Property Features for 917 Main Street
General Information
Standard status
Pending
Size
12,742 SF
Lot size
0.40 Acres
Property subtype
General Commercial
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$7,832
Amenities
Evaporative
Vinyl, Concrete, Carpet
Carbon Monoxide Detector
3
Membrane
Parking. Corner Lot.
Asphalt, On Street, Lot.
View
Level
0.4
Shed. Corner, Ground Level Unit, Paved Road, Level.
Building Details
Stories
2
Listing Agency:
Windermere Van Vleet & Assoc2
(541) 821-2955
Listed By:
Steven Parmelee · License #890900084
(541) 821-2955
Source:
Xome
Added: Jan 26
Changed: Aug 7
Last Checked: Aug 11 at 4:46AM
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
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,286
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 - 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 Main Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $645,000.
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)
