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    FOR SALE
    Commercial real estate

    513 Main St, Klamath Falls, OR 97601

    3,325 SF 0.08 ac lot
    Individually Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US71-1727331
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 3,325 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code GC
    APN R-3809-032AB-13000-000
    UPID US71-1727331
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lighthouse Yogurt Company Bakery Take-out & Catering
    • J M Solutions Llc Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Steven Linders · 9 yrs held
    Steven Linders
    since 2017
    5 recorded transactions
    2018
    2017
    2008
    $425,000
    2005
    1969
    Zoning & alternative use
    GC · Klamath Falls, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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