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    112 1st Ave Chiloquin, OR 97624-9738
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    Property profile & analytics

    112 1st Ave Chiloquin, OR 97624-9738


    • Retail space
    • 3,600 SF
    • 0.10 lot acres
    Off-Market
    Last Sale Sep 10, 2021
    Property ID
    US71-0818554
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Hubb / (Bike/Boat/Book/etc) Store

    Property Details for 112 1st Ave

    Lot size
    0.10 lot acres
    Property size
    3,600 SF
    Zone code
    C
    Property type
    Retail space
    APN
    R-3407-034DC-04100-000
    APU
    R3407034DC04100000

    Description

    This exceptional 3,600 square foot commercial building in Chiloquin, Oregon, presents a unique investment opportunity. The property boasts a thriving, established self-serve laundromat occupying approximately 1,200 square feet. The laundromat is equipped with ten Speed Queen washers (three 20 lb, two 60 lb, and five 40 lb capacity) and ten Speed Queen dryers (two 75 lb and eight 45 lb capacity), all purchased in 2019. The building features a comprehensive security system (Lorax 24-hour camera system), energy-efficient mini-split heating and air conditioning, and a handicap-accessible half bath. Two gas tankless water heaters ensure ample hot water supply, complemented by a 1,000-gallon propane tank. Modernization is evident throughout, including new PEX plumbing, a 200-amp electrical service (split into two 100-amp services), and LED lighting. All structural support beams have been recently replaced. A 12x27 concrete slab at the rear provides additional outdoor space. A fully remodeled additional area at the back, complete with another half bath, is ready for immediate occupancy by a secondary business. The property also includes substantial basement storage. This turnkey operation offers significant income potential with the existing laundromat and substantial expansion possibilities in the ready-to-lease rear space. The 0.1-acre lot provides ample space for future development. Priced at $549,000.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Chiloquin
    County
    Klamath
    State
    Oregon
    Longitude
    -121.863
    Latitude
    42.5762
    CBSA code
    28900
    CBSA name
    KLAMATH FALLS, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,135
    $0.00
    $0.00
    $80,800
    -
    $5,500
    $84,375
    $89,875
    More about this property
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