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1011 Main St Klamath Falls, OR 97601

OFF-MARKET Retail properties & Spaces Google Maps
5,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 5,000 square foot commercial property, located at 1011 Main Street in Klamath Falls, Oregon (APN R413564), presents a unique opportunity for businesses seeking flexible office space. The property, zoned GC, sits on a 0.23-acre lot and offers multiple tenancy options. Two distinct spaces are available, totaling 5,000 square feet, and can be leased individually or combined. The right-side office space encompasses approximately 2,450 square feet, featuring a lobby, four large private offices, and a potential fifth office (approximately 247 square feet) that can be included or excluded based on tenant needs. This space boasts LED lighting and excellent street visibility thanks to significant window frontage. The left-side space (1009 Main St), approximately 962 square feet, is ideal for retail or open-plan office use and also includes a back office. Both spaces benefit from high visibility on Main Street, near the intersection with 10th Street. The minimum leasable space is 2,500 square feet, with a maximum contiguous space of 2,500 square feet. Tenants are responsible for natural gas, electricity, garbage, phone/internet, and liability insurance. The landlord covers water/sewer, property taxes, and building insurance. This property is perfect for a variety of businesses seeking a prominent downtown Klamath Falls location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization
  • Social Service Agency Charitable Organization
  • General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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