OR > Klamath Falls
Klamath Falls, OR 97603,4706 6th ST
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Klamath Falls, OR 97603,4706 6th ST
Klamath Falls, OR 97603,4706 6th ST
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Alexandria Hanson

Alexandria Hanson

+1(458) 488-3602
$ 1,100,000
Est. payment /mo
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Active

4706 6th ST Klamath Falls, OR 97603

1,887 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,887 sqft

Price per Sqft $582

MLS Listing ID 220206005

Year Built 1967

Annual Tax Amount $3,870

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 0.38

Property Description

Turn key restaurant with good location on high traffic street with adequate parking and adjacent stop light. Restaurant has been in business for 30+ years with long term manager and has good customer base. Owner is not involved in daily operation and no family members are involved in running the business. Occupancy is listed at 76 with adequate seating in booths as well as additional seating at the counter. Has 2 restrooms with additional entrance on the side of the building. Kitchen has been recently updated and has specialized equipment to handle food preparation, cooking stations, walk-in cooler and refrigerators. The building is one story and consist of 1,887 sf and is located on .40 acres with access from two public streets. Yearly gross sales exceed 1 million dollars and net operating income is priced with a cap rate of 12%.

Location

State OR

County Klamath

Direction Located on 6th street between Hope and Fargo Streets.

Interior

Heating Electric

Cooling Evaporative Cooling

Exterior

Parking Features Asphalt

Roof Type Metal

Building

Lot Description Corner Lot, Level

Foundation Slab

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 518666

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Contract, Conventional, VA Loan

Listing Terms Cash, Contract, Conventional, VA Loan

Special Listing Condition Standard

Oregon Data Share
Listed by Golden Real Estate Properties,
Alexandria Hanson

Alexandria Hanson

+1(458) 488-3602

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4706 6th ST