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    2628 Clover St Klamath Falls, OR 97601

    Sponsored
    For Sale
    $675,000

    Profitable Medical Office, Excellent Location

    Property size:
    2,655 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-located Class B medical office building in Klamath Falls, Oregon, presents a compelling investment opportunity. The property, situated on a 0.53-acre lot at 2628 Clover St, boasts 2,655 square feet of net rentable space, currently priced at $254.24 per square foot for a total asking price of $675,000. Built in 1987 and zoned PUD (Planned Unit Development), the single-unit building features six exam rooms and a lab, making it ideal for a variety of medical practices. A partial tenant is currently in place, with a 90-day termination clause. Conveniently located near Sky Lakes Medical Center, this property offers excellent accessibility and visibility. The building also includes approximately 280 square feet of basement storage, providing additional space for supplies or equipment. Showings are available by appointment only on Tuesdays, Thursdays, and Fridays. The property's APN is 169123. This is a rare opportunity to acquire a profitable medical office building in a desirable location. Serious inquiries only.

    Property Features for 2628 Clover St

    General Information

    Property type
    Medical offices
    Square Feet
    2,655 SF
    Class
    B
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1987
    Units
    1

    HighLights

    • $675,000 asking price for this 2,655 SF medical office building.
    • Located in Klamath Falls, OR, near Sky Lakes Medical Center.
    • Class B building, built in 1987, situated on a 0.53‑acre lot (APN 169123).
    • Features six exam rooms and a lab; includes approximately 280 SF of basement storage.
    • Partially occupied; 90‑day notice required for termination.
    • Showings by appointment only on Tuesdays, Thursdays, and Fridays.
    Property Profile Location Intelligence

    Current Use by Public Records

    Allergy & Asthma Center: ... Medical Clinic Dr. Kevin W. ... Allergist Dr. Edward M. ... Allergist Kevin Wilson Parks Allergist Ryan Israelsen Allergist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.7894326
    Latitude
    42.2525407

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    FAQs

    What type of property is this?
    Medical office - Profitable Medical Office, Excellent Location
    Where is this medical office located?
    The property is located at 2628 Clover St Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: $675,000 asking price for this 2,655 SF medical office building.; Located in Klamath Falls, OR, near Sky Lakes Medical Center.; Class B building, built in 1987, situated on a 0.53-acre lot (APN 169123).
    Request Owner's contact information
    2628 Clover St Klamath Falls, OR 97601
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    Klamath Falls, OR 97601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2628 Clover St Klamath Falls, OR 97601
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