513 Main St Klamath Falls, OR 97601

Property Details for 513 Main St

Lot size

0.08 lot acres

Property size

3,325 SF

Zone code

GC

Property type

Commercial real estate

APN

R-3809-032AB-13000-000

APU

R3809032AB13000000

Description

This exceptional investment opportunity presents a fully occupied, multi-tenant commercial building located at 513 Main St, Klamath Falls, Oregon, 97601. The property boasts a total of 3,325 square feet, encompassing two distinct units within a single, seismically improved building. Unit 101, measuring 1,800 square feet, is currently occupied by JM Solutions LLC, offering office space with a reception area, three workstations, two private offices, a kitchen, and a breakroom. Unit 100, a 1,200 square foot space, houses Lightning Fro-Yo, a year-round gourmet frozen yogurt shop with seating for fifteen and a licensed kitchen. Both tenants are currently operating under month-to-month leases. The property features a strategic location on Main Street, providing excellent public parking and accessibility. Built in 2017, the building sits on a 3,485 square foot lot and benefits from geothermal sidewalks. The asking price is $498,750, translating to $150 per square foot of net rentable space (3,100 sq ft). The property is zoned GC and offers a compelling investment opportunity for both seasoned investors and entrepreneurs seeking a turnkey operation. The current owners are willing to facilitate the sale of the existing businesses, including training and support for a smooth transition. This is a net lease property with two tenants. The property's APN is 412869.