513 Main St, Klamath Falls, OR 97601
For Sale
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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.
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Lighthouse Yogurt Company Bakery Take-out & Catering
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J M Solutions Llc Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Klamath Falls, ORKlamath Falls. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.