422 5th, Klamath Falls, OR 97601
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422 5th, Klamath Falls, OR 97601
422 5th, Klamath Falls, OR 97601
422 5th, Klamath Falls, OR 97601
422 5th, Klamath Falls, OR 97601
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Skip Team

Skip Team

+1(541) 215-4418
$ 2,600,000
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422 5th Klamath Falls, OR 97601

8,264 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,264 sqft

Price per Sqft $314

MLS Listing ID 220225115

Year Built 2019

Annual Tax Amount $11,139

Lot Size 0.660 Acres

Acres 0.66

Lot Dimensions 0.66

Property Description

Exceptional investment opportunity in this quality commercial office building offering approximately 8,300 SF & a stable tenant already in place. The existing lease includes an escalation clause, has 4 years remaining & provides an option to renew. Designed for functionality & professional appeal, the building features 2 entrances leading to 16 windowed offices, 3 variable-sized conference rooms, a kitchen with sink and dining area, & 4 restrooms- 1 with a shower. Additional improvements include heated front sidewalk, a dedicated parking lot with 26+ spaces & upgraded LED lighting, high-density mobile filing storage system, high-end updated fixtures, fire-resistant storage room, central air heating & AC. This property is positioned within Downtown Klamath Falls for strong public visibility on this well-appointed office property that offers a compelling combination of income, quality, and long-term potential.

Location

State OR

County Klamath

Direction Traveling north on OR-39 BUS N/S 6th St; Continue straight onto S 6th St; Turn left onto Oak St; Turn left onto S 5th St. Building to the immediate right.

Rooms

Basement None

Interior

Interior Features Wired for Data

Heating Electric, Forced Air

Cooling Central Air

Exterior

Parking Features Asphalt, Parking Lot

Roof Type Metal

Building

Lot Description Level

Foundation Concrete Perimeter

Water Public

Level or Stories One

Structure Type Block,Frame

New Construction No

Others

Senior Community No

Tax ID 477111

Security Features Carbon Monoxide Detector(s),Security System Owned,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Coldwell Banker Holman Premier

Nearby Locations

Skip Team

Skip Team

Principal Broker | License ID: 2012241718

+1(541) 215-4418

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422 5th